News

British energy giant BP Plc is holding up payments to economic victims of the Gulf of Mexico oil spill, Kenneth... Read More

An emergency alarm that could have warned workers aboard the doomed Deepwater Horizon Gulf of Mexico drilling rig was intentionally... Read More

A.M. Best Co. has placed under review with negative implications the financial strength rating of ‘A-‘ (Excellent) and issuer credit... Read More

Weather-related claims of nearly $440 million dragged down profits by 9 percent at Travelers, which reported second quarter net income... Read More

The $20 billion fund set up to help compensate victims of BP Plc’s devastating Gulf of Mexico spill does not... Read More

The two oil companies that are BP’s partners in the now-capped oil well told Congress Thursday they will not set... Read More

The House passed legislation this week that promotes new ways to clean up oil spills and aims to make deepwater... Read More

Standard & Poor’s Ratings Services said today that its ratings on American International Group (AIG; A-/Negative/A-1) and AIG’s insurance subsidiaries... Read More

Big oil companies including Exxon Mobil Corp. and Royal Dutch Shell will spend $1 billion to develop a new oil... Read More

A.M. Best Co. has issued two bulletins following the announcement that the Donegal Group has entered into an agreement to... Read More