In recent years, energy disasters such as the San Bruno Pipeline Explosion from September 2010 and Deepwater Horizon Oil Spill from April 2010 have had a major impact not only on the environment, but on consumers, businesses, and the insurance industry as well. Heres a look at 8 of the...
One climate-change related threat insurers say is worth watchingand losing some sleep about: Class-action suits against carbon-based energy companies, accusing them of causing global warming and therefore being liable for the resulting damages.
Potentially explosive cargo, stressful week-long drives and unpredictable weather conditions are just a few of the many risks trucking-company Quality Distribution Inc. (QD) has to overcome in transporting bulk items for clients such as DuPont, Bayer, Sunoco, ExxonMobil, Procter & Gamble and Unilever.
Although Tropical Storm Don's path is south of the main oil and gas producing regions in the Gulf, about 500 operating oil and gas rigs are in the storm's path and could face damage.
A tropical depression is expected to intensify to a tropical storm and enter the Gulf of Mexico late Friday, which could complicate efforts at the British Petroleum oil spill site.