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The explosion of the Deepwater Horizon oil rig in the Gulf of Mexico has changed sentiment among energy underwriters and will likely lead to new market dynamics.

As we enter the middle portion of the 2010 hurricane season, we find ourselves faced with another issue to add to the post-oil spill mix: Will there be enough adjusters to handle a large catastrophic event when, and if, the need arises?

Plaintiffs' lawyers criticized the Gulf oil spill claims facility, stating that the rules for emergency payments through the facility limit the future liability of companies deemed responsible for the disaster.

Crawford & Company has confirmed that it has been retained to administer claims stemming from the Gulf oil spill.

Crawford & Company has confirmed that GCG has been retained to assist Feinberg Rozen, LLP with Mr. Ken Feinberg's role as the administrator of the Gulf Coast Claims Facility.

The explosion of the Deepwater Horizon rig in the Gulf of Mexico has changed sentiment among energy underwriters and will likely lead to new market dynamics, according to a new report by insurance broker Marsh.

British Petroleum announced that Tony Hayward, the company's chief executive officer, will step down effective Oct. 1.

British Petroleum vessels have returned to the site of the worst oil spill in U.S. history after the second named storm of the Atlantic hurricane season came and went over the weekend without incident.