Transocean

• Insurers File Action Against BP, Transocean to Clear Up Confusion Around Excess Policy

  By Phil Gusman, PropertyCasualty360.com  |  February 15, 2013

  Some Lloyd’s of London underwriters and Arch Insurance Company are asking a federal court to require BP and Transocean to settle their dispute over claims submitted to the insurers.

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  10 Giant EPA Settlements in 2012

  By Caterina Pontoriero, PropertyCasualty360.com  |  January 10, 2013

  The United States Environmental Protection Agency and Department of Justice cracked down on many major companies for violating environmental laws such as the Clean Water Act (CWA) and Clean Air Act (CAA). Here’s a list of the biggest EPA settlements from 2012.

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  Willis' John McConnell on Cutting WC Costs at Manufacturers

  By Dave Lenckus  |  February 9, 2012

  Most manufacturers approach workplace safety as they did a generation ago, But there are new management systems that can guide employers to 60 to 70 percent reductions in injuries.

• No Oil Leak In Sunken Transocean Rig, Probe Confirms

  By Caroline McDonald, PropertyCasualty360.com  |  October 13, 2011

  A two-day underwater examination conducted by Transocean and the U.S. Coast Guard (USCG) Oct. 4-5 confirmed that there are no hydrocarbons leaking from the sunken Deepwater Horizon or the riser—the pipe linking the rig to the well head prior to the Macondo accident last year.

• Risk Management, Other Factors Cited In Gulf Oil Disaster

  By Caroline McDonald, PropertyCasualty360.com  |  January 13, 2011

  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.”

• #5: BP Oil Disaster Breaks Records, Puts Spotlight On Risk Management Failure

  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.

• Heightened Awareness Of Offshore Exposures Benefits London Underwriters

  By Caroline McDonald, PropertyCasualty360.com  |  September 6, 2010

  The long-term impact of the BP oil spill could be positive for the London Market as offshore oil operations in particular face tighter regulations and potential coverage vulnerabilities are more readily apparent.

• House Passes SPILL Act For Oil Rig Victims' Families

  By Arthur D. Postal, PropertyCasualty360.com  |  July 7, 2010

  The House has passed legislation that allows recovery of noneconomic damages for maritime death victims' families, starting with the 11 workers that died in British Petroleum's current oil rig disaster.

• House Passes SPILL Act For Oil Rig Victims' Families

  By Arthur D. Postal, PropertyCasualty360.com  |  July 6, 2010

  The House has passed legislation that allows recovery of noneconomic damages for maritime death victims' families, starting with the 11 workers that died in British Petroleum's current oil rig disaster.

• House Passes SPILL Act for Oil Rig Victims' Families

  By Arthur D. Postal, PropertyCasualty360.com  |  July 6, 2010

  The House has passed legislation that allows recovery of noneconomic damages for maritime death victims' families, starting with the 11 workers that died in British Petroleum's current oil rig disaster.

• We'd Write Oil Rig Again, Berkley Execs Say

  By Susanne Sclafane, PropertyCasualty360.com  |  June 7, 2010

  Executives of W.R. Berkley said they would not hesitate to write coverage again for the operator of the oil rig that exploded in the Gulf last month, adding that increased prices and insurance requirements for operators could provide opportunities.

• Deepwater Horizon Spill Could Cost Insurers $3.5B: Moody's

  By Caroline McDonald, PropertyCasualty360.com  |  June 4, 2010

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

• Deepwater Horizon Spill Could Cost Insurers $3.5B: Moody's

  By Caroline McDonald, PropertyCasualty360.com  |  June 3, 2010

  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.

• Florida: Hurricane Central June Through November

  By Joan E. Collier, PropertyCasualty360.com, Joan E. Collier, PropertyCasualty360.com  |  June 1, 2010

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

• We'd Write Oil Rig Again, Berkley Execs Say

  By Susanne Sclafane, PropertyCasualty360.com  |  May 28, 2010

  W.R. Berkley executives said they would not hesitate to write coverage again for the operator of the oil rig that exploded in the Gulf of Mexico last month, adding that increased prices and insurance requirements for operators could provide opportunities.

• Oil Spill Likely To Boost Rates For Energy Producers

  By Daniel Hays  |  May 17, 2010

  U.S. commercial property and casualty insurance rates were down 4 percent on average last month.