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McKinsey
AUGUST 23, 2021
Insurance operating models are on the verge of a fundamental change. To thrive in 2030, insurers must commit to a specific role and take action now to secure the tech capabilities they need.
145 
McKinsey
OCTOBER 8, 2020
The pandemic has created significant challenges for insurers and sped their digital shift. To stay competitive, carriers will need to radically transform their operating models and cost structures.
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McKinsey
SEPTEMBER 16, 2020
Industry-leading insurers have proved enterprise-wide agility delivers the innovation and change incumbents need. The COVID-19 crisis has also highlighted the need for organizational change.
122 
McKinsey
DECEMBER 17, 2019
As insurance companies allocate more resources to technology functions, operations will need to reshape to make the most of their new tools.
83 
McKinsey
FEBRUARY 18, 2021
Private health insurance is a significant growth opportunity for insurers in Asia. To compete, insurers will need to reimagine their value propositions and rethink their operating models.
79 
McKinsey
MARCH 9, 2018
Attackers are transforming the competitive landscape and elevating customer expectations, so insurance companies must integrate digital technologies into their operations to keep pace. Claims should be a top priority.
101 
McKinsey
AUGUST 19, 2020
Midsize North American property-and-casualty insurers have been slow to make improvements to their cost structures and operating models. Eight building blocks can help them make significant progress.
80 
McKinsey
APRIL 30, 2020
In times of uncertainty, carriers can pursue resilience through a staged approach to stabilizing, reimagining, and transforming operations.
102 
McKinsey
OCTOBER 27, 2020
Few insurers thrive by relying solely on organic growth. Insurers operating in Asia must make M&A and other forms of inorganic growth strategic priorities.
60 
POWER Magazine
APRIL 8, 2024
Owners and operators of thermal and renewable energy infrastructure are navigating new and emerging risks due to digitization of the grid, an uncertain regulatory landscape, and changing environmental and weather […] The post Management Strategies Needed as Power Sector Faces Increasing Risk appeared first on POWER Magazine.
246 
McKinsey
SEPTEMBER 24, 2021
Most P&C insurers in Europe and North America are investing in data and analytics to improve underwriting; those with the most advanced capabilities enjoy better operating results and performance.
92 
Energy Central
APRIL 5, 2023
“All indicate the pipeline's potential to resume operations following an alleged sabotage attack… According to five sources with knowledge of the situation, German insurers Allianz and Munich Re have extended their coverage for the damaged Nord Stream 1 gas pipeline, which is under the control of Russia.
59 
Energy Central
AUGUST 26, 2022
Any business looking to expand operations and grow revenue must invest in a robust and complete ESG strategy. Customers, lenders, and insurers are constantly asking more and more questions about ESG and, perhaps most importantly, investors have signaled that potential.
96 
The Energy Law
JUNE 8, 2007
The Eastern District of Louisiana recently held that insurance claims for damage to a Gulf of Mexico production facility will not support federal court jurisdiction under the Outer Continental Shelf Lands Act. Accordingly, the district court remanded the case of LLOG Exploration Co. Certain Underwriters at Lloyd’s , 2007 WL 854307 (E.D.
40 
The Energy Law
APRIL 1, 2008
By Kevin Connolly On certified question from the Fifth Circuit Court of Appeals, the Texas Supreme Court, in Fairfield Insurance Company v. 2008), addressed the issue of whether Texas public policy prohibits a “liability insurance provider from indemnifying an award for punitive damages imposed on its insured because of gross negligence.”
40 
Oil & Gas 360º
MARCH 4, 2025
Attendees can expect to hear presentations from more than 70 companies, featuring public and private oil and gas and energy transition companies with operations worldwide along with panel discussions touching on current energy topics. In addition, the conference live webcast reaches a global audience of virtual attendees. www.imacorp.com
200 
The Energy Law
JULY 15, 2016
The Bureau of Ocean Energy Management (BOEM) released its long awaited new Notice to Lessees and Operators (NTL) updating the procedures and criteria used to determine when and if additional supplemental financial assurance is required for an Outer Continental Shelf (OCS) lease, pipeline right-of-way, or right-of-use and easement.
40 
The Energy Law
OCTOBER 13, 2023
4 However, only ships carrying more than 2,000 tons of oil are required to carry insurance for oil pollution. Similar to OPA 90, vessels required to carry insurance must carry enough to cover their potential liability for an oil spill. Violation of a federal safety, construction, operation regulation; or 3. Failure to a.
105 
Oil & Gas 360º
MARCH 5, 2025
Attendees can expect to hear presentations from more than 70 companies, featuring public and private oil and gas and energy transition companies with operations worldwide along with panel discussions touching on current energy topics. In addition, the conference live webcast reaches a global audience of virtual attendees. www.imacorp.com
130 The Energy Law
AUGUST 11, 2017
IMC) as the “vessel-operating common carrier.” Vessel-operating common carrier’s duty to indemnify non-vessel operating common carrier On the issue of IMC’s duty to indemnify Freightplus for damages arising out of its negligence, the court began by noting that maritime tort indemnification is available in a very limited set of circumstances.
40 
The Energy Law
NOVEMBER 28, 2016
DePerrodil held that the collateral source rule allows a plaintiff, in a maritime personal injury action against a third party, to recover only the amount of medical expenses paid by the plaintiff’s employer’s Longshore and Harbor Workers’ Compensation Act (“LHWCA”) insurer. DePerrodil’s medical providers billed the insurer $186,080.30
40 The Energy Law
MARCH 7, 2018
is a “legacy” lawsuit in which landowners sued Riceland Petroleum Company and BP America Production Company—the current and former operators on a certain tract of plaintiffs’ property. Riceland Petroleum Corp.,
40 
The Energy Law
OCTOBER 15, 2020
Decommis sioning liability for predecessors: Current regulations – All lessees and owners of operating rights are jointly and severally liable for meeting decommissioning obligations. A party that assigns a record title interest or operating rights remains liable for decommissioning liability.
52 
The Energy Law
AUGUST 27, 2007
Superior”) were both service contractors on a well site operated by Mitchell Energy Corporation (“Mitchell”). The Texas Workers Compensation Act was extensively revised and codified in 1989. The predecessor provision to § 417.004 of the Texas Labor Code stated that a subscribing employer (i.e., emphasis added).
40 
The Energy Law
SEPTEMBER 29, 2017
The contractors moved to dismiss the OCSLA charges on the basis that their conduct – as contractors – was not covered by OCSLA because they were not the lease holder or operator. As is customary for a typical oil and gas operation, Black Elk hired several contractors to perform various tasks on its platforms. Moss, et al , No.
40 
The Energy Law
OCTOBER 15, 2020
Decommis sioning liability for predecessors: Current regulations – All lessees and owners of operating rights are jointly and severally liable for meeting decommissioning obligations. A party that assigns a record title interest or operating rights remains liable for decommissioning liability.
40 The Energy Law
JANUARY 9, 2018
(LDI), was contracted by Apache Corporation to provide crane services in connection with operations being performed by another Apache contractor, Specialty Rental Tools & Supply, L.L.P. In the course of these operations, the LDI crane operator negligently struck and injured an STS employee.
40 
Producer's Edge
NOVEMBER 1, 2024
These five divisions are fully operational beginning September 1, 2024. For example, joint operating agreements or midstream contracts like gas purchase agreements often involve no initial monetary consideration but can lead to significant disputes in excess of $10 million.
52 
The Energy Law
MAY 10, 2016
(“XTO”), Alliance Drilling Consultants, LLC (“Alliance”), Clifton Pritchard, and Alliance’s insurer, James River Insurance Company (“James River”), for damages resulting from the loss of D&D’s drilling rig.
40 
The Energy Law
MARCH 8, 2021
The chapter 7 trustee will not continue to operate the business. Many employers are also the plan administrators of their health insurance plans and are thus responsible for providing notice to their employees. The company will have no obligation to follow COBRA because there is no longer an employer or an employer health plan. (ii).
52 
The Energy Law
APRIL 20, 2020
The MSLP will operate through two facilities: the Main Street New Loan Facility (MSNLF) and the Main Street Expanded Loan Facility (MSELF). Once the MSLP is operational, small and medium-sized businesses interested in the MSLP may apply for MSNLF or MSELF loans through an eligible lender. insured depository institutions, U.S.
40 
The Energy Law
NOVEMBER 26, 2018
Further bad news, the regulation of IARs differs among the states and advisers are wise to have their lawyer or compliance professional review the law relating to registration of solicitors and IAR’s in each state in which the adviser has operations. Louisiana has a similar exemption.
40 
The Energy Law
MARCH 8, 2021
The chapter 7 trustee will not continue to operate the business. Many employers are also the plan administrators of their health insurance plans and are thus responsible for providing notice to their employees. The company will have no obligation to follow COBRA because there is no longer an employer or an employer health plan. (ii).
40 
The Energy Law
SEPTEMBER 10, 2021
However, some employees are paid through check or other forms of payment, which can cause complications when employees are displaced or the employer’s office is not fully operational. The regulations are clear that employers cannot use deductions “for absences occasioned by the employer or by the operating requirements of the business.”
52 The Energy Law
JULY 2, 2020
The Notice expands the definition to include certain additional adverse financial consequence events and to include the spouse and other household members under the COVID-19 financial impact circumstance. A member of the individual’s household is someone who shares the individual’s principal residence.
40 
The Energy Law
FEBRUARY 17, 2021
The Act will impose new legal requirements for the operation and upkeep of many types of business entities with the threat of stiff civil and criminal penalties for noncompliance. What does this mean for our clients? Reporting companies will need to review their company structure to ensure that all beneficial owners are accounted for.
52 The Energy Law
FEBRUARY 17, 2021
The Act will impose new legal requirements for the operation and upkeep of many types of business entities with the threat of stiff civil and criminal penalties for noncompliance. What does this mean for our clients? Reporting companies will need to review their company structure to ensure that all beneficial owners are accounted for.
40 
Valor
JANUARY 13, 2025
The sanctions include targeting major producers, tankers, traders, and insurance companies involved in Russia’s oil trade. This growth is driven by increased investments and partnerships aimed at enhancing operational efficiency and reducing costs. Read more Digital transformation in oil and gas set to grow by $56.4B
52 The Energy Law
FEBRUARY 27, 2017
This news follows reports that, despite all efforts, market participants are facing continued legal and operational challenges in implementing the requisite steps for timely compliance with the new margin regimes. Still international regulators remain committed to moving non-cleared OTC derivatives to a collateralised model. 6, 2016). [4]
40 The Energy Law
MARCH 30, 2020
Day-to-day life has been dramatically impacted by the coronavirus disease 2019 (COVID-19), and many courts in Louisiana and Texas have been forced to close or limit operations in conjunction with stay-at-home orders. As not all Texas counties have operating websites, counsel should contact the courts in those counties by telephone.
The Energy Law
FEBRUARY 8, 2017
There are a host of legal issues that come with these types of transactions, including the terms of the contract between the owner and charterer, the contract with the electronic broker, prohibitions on commercial use in berth agreements, and the same type of coverage exclusions in insurance policies.
52 
The Energy Law
SEPTEMBER 18, 2020
For example, the Proposed Rule would remove the requirement that a third-party guarantee ensure compliance with the obligations of all lessees, operating rights owners, and operators on the lease.
52 The Energy Law
SEPTEMBER 18, 2020
For example, the Proposed Rule would remove the requirement that a third-party guarantee ensure compliance with the obligations of all lessees, operating rights owners, and operators on the lease.
40 
The Energy Law
MAY 19, 2020
The forgiveness amount of such non-payroll costs may be further limited by any amounts attributable to the business operation of a tenant or sub-tenant of the borrower or by certain payments to related entities (e.g., entities that have common owner(s) with the PPP borrower).
40
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