expenses News

4 Reasons for Reserve Deficiencies That No One Talks About

Reserve accuracy is a key performance indicator for claims departments and is usually the primary focus of claims audits. Regardless of whether companies outsource claims to a third party administrator (TPA) or handle them internally, the establishment of proper case …

BP Maintains Stance, Entitled to Payment From Halliburton

BP is reiterating claims first made last April that it is entitled to payment from contractor Halliburton Energy Services for expenses and lost profits resulting from the 2010 Deepwater Horizon offshore oil well disaster. BP’s latest filing was made Monday …

Cost of Battling Minnesota Wildfire Tops $12 Million

Officials tallying the cost of fighting the widespread wildfire in the Boundary Waters Canoe Area of northeastern Minnesota say expenses have topped $12 million. Fire information officer Larry Helmerick says funding for personnel, supplies, lodging, fuel and heavy equipment comes …