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Federally mandated insurance is preventing many contractors from taking part in the oil cleanup in the Gulf of Mexico from the BP oil spill.

Florida CFO Alex Sink wants oil spill claim facility located in Florida.

Federally mandated insurance is preventing many contractors from taking part in the oil cleanup in the Gulf of Mexico from the BP oil spill.

British Petroleum's $20 billion fund to compensate Gulf oil disaster victims will pay quickly, eliminate trial lawyers' settlement cuts, and allow for BP's continued operations

The Deepwater Horizon Drilling Platform explosion and subsequent oil spill in the Gulf of Mexico was not a risk management issue, an insurance executive said.

While the oil slick in the Gulf of Mexico is unlikely to affect the formation or speed of hurricanes, the direction of storms could either further harm or help efforts to keep the spill from sensitive wetlands...

The BP oil spill disaster exposed serious shortcomings in both technology and regulation, but the biggest culprit is a catastrophic failure of enterprise risk management.

The BP oil spill disaster in the Gulf is obviously the result of a failure of both technology and regulation. However, the biggest culprit is ...