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The latest business news for the Property & Casualty insurance industry



Shell Offshore agrees with a $ 2.2 million price for the oil spill in the Gulf of 2016

Shell Offshore Inc. has agreed to pay a 2.2 million dollar fine to the federal government to meet the costs the company has violated by forfeiting the Clean Water Act by allowing 1,900 barrels of oil to flow into the… Continue Reading →

Iran and India drop the dollar in oil trading to counter "intimidation" of US sanctions • Good Assurance

Written by Darius Shahtahmasebi, op-ed via, In order to get around the sanctions imposed by the United States, India and Iran have reportedly abandoned the US dollar and are trading oil in rupees. The reason becomes clear after examining… Continue Reading →

IUB requires oil companies to file a statement of assurance – Fort Dodge Messenger •

-Messenger file photo by Hans Madsen George McCloskey, a protester from the Dakota Access Pipeline of Des Moines, returns after following a piece of construction equipment along the pipeline route near 390th Street and US Highway 169 near Dayton. October… Continue Reading →

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