Search Results

The enormity of the impact from the Gulf oil spill is still being determined as the claim process continues to move along, which begs the question: What is happening now with the key players involved in handling and litigating the Gulf oil spill?

The Gulf oil disaster was the result of years of government and industry complacency and could have been prevented, according to an investigation, which called for constantly updated risk management plans by the industry and a “culture of safety.”

The explosion of the Deepwater Horizon oil rig in the Gulf of Mexico on April 20 left 13 dead and 17 injured, leading to a massive oil spill and environmental disaster.

In an environmentally risky business such as oil drilling, there can be little margin for error.

The Deepwater Horizon oil spill disaster in the Gulf of Mexico could cost insurers up to $3.5 billion, Moody's said.

The Deepwater Horizon oil spill disaster in the Gulf of Mexico could cost insurers up to $3.5 billion, Moody's said, but A.M. Best affirmed the oil rig owner's captive insurer rating despite the losses it faces.

June. While for many it evokes images of summer vacations, weddings, and days at the shore, here in Florida we think of hurricanes.

In a complex industry such as oil exploration, there can be no margin for error. And if there is a failure, there had better be ...