AIR: Deepwater spill could affect hurricane season

oil spill

A report from the modeling firm says that effects of the spill on hurricane season are likely to be minimal but there is a chance the oil could act to prevent or encourage hurricane formation.

The timing of the spill resulting from the explosion of the Deepwater Horizon oil rig in the Gulf of Mexico means that a potentially important, additional complicating factor may come into play in

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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