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By Caroline McDonald, PropertyCasualty360.com |
December 20, 2010
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.
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By Caroline McDonald, PropertyCasualty360.com |
August 17, 2010
BP's claims team is in the final stages of preparing to transfer responsibility for individual and business claims related to the oil spill in the Gulf of Mexico to the Gulf Coast Claims Facility (GCCF).
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By Arthur D. Postal, PropertyCasualty360.com, Caroline McDonald, PropertyCasualty360.com |
June 28, 2010
A steep hike in damage limits could drive offshore oil drillers out of U.S. waters, one insurance official warned in recent testimony before Congress.
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By Caroline McDonald, PropertyCasualty360.com |
June 17, 2010
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
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By Caroline McDonald, PropertyCasualty360.com |
June 16, 2010
An Insurance Information Institute representative said the likely administrator of a $20 billion fund for oil spill disaster claims has the experience but will be challenged to develop a fair, timely process given the resources available.
