Business Loss Claims

After the historical disaster in the Gulf of Mexico caused by the BP Deepwater Oil Spill, many non-profit organizations have also been affected by the accident. What most non-profit organizations don’t know is that they have the right to file for a claim against BP Deepwater Horizon for their losses. The BP Deepwater Horizon knows the fact they the damage has affected a great number or organizations and businesses around the Gulf area and has allocated billions of dollar to help rebuild the affected areas.

Because non-profit organizations are connected with the local economy and will always be influenced by losses sustained by others, these organizations can file for non-profit oil spill claim to cover for the losses in their projected and actual revenues. Although eligibility for claims initially was limited to the coastal area directly affected by the oil spill, recent settlement (which is overseen by the Federal Courts) establishes the eligibility on the location. Therefore, those who are in the surrounding area of the Gulf can have a legitimate non-profit oil spill claim.

Furthermore, non-profit organizations that have coverage on their insurance can file for an insurance claim. Although the oil spill did not directly affect their properties, but if they have their revenues are included in their coverage, they can file for loss of revenues. According to the website of Smith Kendall PLLC, when insurance companies deny these claims, the non-profit organization can then have an insurance bad faith claim, since the agreement between the client and insurance company has been violated. Insurance claims are often complicated, especially those that are connected with the BP oil spill. It helps to have legal help, finding lawyers who know how insurance claims work and could represent the non-profit organization in court.

Non-profit organizations have just about the same rights for claims as other businesses after being affected by the BP Deepwater Horizon Oil Spill. Non-profit organizations should make sure that they get what they are given what is due to them as compensation from companies whose negligent behaviors has upset not only local but regional economies and ecologies.

Considerations for Continued Business Ownership

Businesses and business owners have a lot of things to think about, especially when hiring people to work for their company. Hiring the wrong person for the wrong positions can be detrimental to the company, as it could cause internal rifts between employees and even cost the company money if a workplace accident occurs. When accidents do occur and an employee goes on a long leave due to injuries, companies should be ready to conduct a functional capacity evaluation to determine if the employee is able to return to work and if they have suffered significant injuries that resulted in not being able to return to the same job the employee once had before the accident.

Functional capacity evaluation (FCE) is used to check the ability of the employee to function in a number of circumstances. It is a series of examinations, observations, and practices that evaluate an employee’s fitness to work after a long medical leave. FCE provides the necessary information regarding an employee’s prognosis and possible occupational rehabilitation measures required to return to the job. Through thorough FCE, the company will be understand and prepare for any changes to the employee’s workload, as well as any modifications for his or her working conditions that employers should tackle in order to adjust to the employee’s disability or medical condition. It is also necessary for companies to perform FCE on their employee in order to determine if he or she has the capacity to come back to work in the condition that is “comparable to their abilities” before the injury or disability occurred.

The company can be held liable for further injuries or complications that could occur should they refuse to accommodate the needs of the employee and just simply hired them back to work. A company who is facing a lawsuit can put the business in a bad light and could be financially damaging to the company. This, along with other issues like unpaid overtime and negligent hiring could be detrimental to the company. These are the things that business owners should always keep in mind when handling employees and workplace matters.