Fri, 17 Aug 2018 16:59:48 +0000
Louisiana’s first legal crop of medical marijuana can be planted this week. Agriculture Commissioner Mike Strain, whose agency regulates the burgeoning industry, loosened a regulatory logjam that created a months-long delay. The Monroe News-Star report...
Fri, 17 Aug 2018 16:57:01 +0000
Catastrophe risk modeling firm AIR Worldwide (AIR) has released an updated Wildfire Model for the United States designed to provide a comprehensive view of the risk of wildfire to property within the 13 westernmost conterminous states. The event-based ...
Fri, 17 Aug 2018 16:46:35 +0000
A lawsuit filed against a North Carolina school system and its board of education says an elementary school in need of repairs was discriminated against because of race. The Winston-Salem Journal reports the lawsuit, filed Monday against the Winston-Sa...
Fri, 17 Aug 2018 16:38:45 +0000
Appleton, Wis.-based SECURA Insurance has added Lisa Switzer as market manager for Kentucky. Switzer brings 28 years of experience in the insurance industry to her new role with a diverse mix of commercial, personal, and specialty lines roles. She was …
Fri, 17 Aug 2018 16:36:26 +0000
The Insurance Council of Texas (ICT) is set to launch its annual “hurricane tour” aimed at reminding coastal residents to be ready in case a hurricane or tropical storm should make landfall this year. Beginning on Aug. 20, ICT’s Mark …
Fri, 17 Aug 2018 16:12:18 +0000
Michael York II has been named chief underwriting officer for Madison, Wisconsin-based CM Vantage Specialty Insurance Co., reporting to President Alan Ogilvie. York will oversee CM Vantage’s underwriting operations and work closely with CM Vantage’s di...
Fri, 17 Aug 2018 16:07:39 +0000
A Minnesota family sickened by eating pasta salad contaminated with salmonella is suing the Iowa-based grocery store chain that distributed the food. The lawsuit was filed Tuesday against Hy-Vee Inc. The suit alleges a woman, her daughter and her grand...
Fri, 17 Aug 2018 16:06:08 +0000
A jury has awarded Missouri prison guards compensation for work they performed before and after their shifts. A Cole County jury on Aug. 14 awarded $113.7 million to 13,000 current corrections officers or those who worked at the Department of …
Fri, 17 Aug 2018 16:04:01 +0000
There were signs that a natural gas well was not fully sealed before it exploded in January, killing five workers, the U.S. Chemical Safety Board said in an updated report on the accident on Thursday. The incident, which took place …
Fri, 17 Aug 2018 15:45:06 +0000
A woman has filed a lawsuit against Bellevue College claiming the school, and by extension Washington state, fostered a hostile work environment by failing to protect her from a former dean. SeattlePI.com reported the woman’s attorney Julie Kays filed ...
Fri, 17 Aug 2018 15:40:52 +0000
Hawaii will allow ridesharing services to operate at the Honolulu airport on a permanent basis after changes were approved to administration rules. Uber and Lyft, which the state refers to as transportation network companies, have operated at the Danie...
Fri, 17 Aug 2018 15:31:58 +0000
A study from the California Workers’ Compensation Institute shows the likelihood that indemnity was paid on a workers’ comp claim increased with the number of concurrent prescriptions the injured worker was on. Concurrent use of multiple medications to...
Fri, 17 Aug 2018 14:53:51 +0000
The Liberty Company Insurance Brokers has acquired majority ownership in Mitchell & Mitchell Insurance Agency of Novato, Calif. Liberty will become majority owner joining with several former shareholders of Mitchell & Mitchell, including Gary Mitchell ...
Fri, 17 Aug 2018 13:59:44 +0000
ACORD, the global standards body for the insurance industry, has launched an Adoption Toolkit to support the application of data standards for global reinsurance and large commercial risks in the London market. “The benefits of implementing data standa...
Fri, 17 Aug 2018 13:52:47 +0000
Seeman Holtz Property & Casualty Inc. has continued its expansion into Pennsylvania with its acquisition of Merchants Preferred Insurance Services, headquartered in Erie, Penn. This acquisition will strengthen Seeman Holtz Property & Casualty’s foothol...
Fri, 17 Aug 2018 13:13:31 +0000
An engineering study commissioned by Italian highway operator Autostrade last year warned about the state of the concrete-encased cable stays that held up a bridge that collapsed this week in Genoa, two Italian newspapers reported on Friday. Autostrade...
Fri, 17 Aug 2018 13:10:03 +0000
Clean-up and recovery efforts continued Wednesday in several upstate New York counties where flash flooding damaged homes, vehicles and infrastructure from the Finger Lakes region to the Binghamton area. Tuesday’s pre-dawn downpours caused flash floodi...
Fri, 17 Aug 2018 13:00:22 +0000
Airbnb faces tightening regulations in New York City that could take a big bite out of its profits, and on Wednesday the short-term rental company offered a counter-measure designed to appease hostile politicians: a $10 million contribution to charitie...
Fri, 17 Aug 2018 12:32:54 +0000
Ratings agency Fitch said on Thursday that it saw a growing risk of a bitter and economically damaging Brexit that could lead to a further downgrade of Britain’s sovereign credit rating. “We no longer believe it is appropriate to identify …
Fri, 17 Aug 2018 12:23:38 +0000
President Donald Trump said Thursday he wants the U.S. government to sue pharmaceutical companies that manufacture opioids as part of his efforts to halt an epidemic of drug addiction. Trump said he’d like to bring a federal lawsuit, rather than …
Fri, 17 Aug 2018 12:13:22 +0000
Global broker has appointed Brian Wanat as chief broking officer of U.S. Commercial Risk Solutions. In his new role, Wanat will have direct management responsibility for Financial Services Group, National Property, National Casualty, Aviation, Crisis M...
Fri, 17 Aug 2018 09:25:04 +0000
Protean Risk, the London-based specialist Lloyd’s broker for asset management, financial services and technology firms, has appointed Tristan Sargeaunt as director of Fintech and Payment Services, where he will spearhead the development of insurance so...
Fri, 17 Aug 2018 05:37:48 +0000
Authorities say a worker has died after falling into a vat of oil at a facility near Walt Disney World. Lt. Emanuel Curry of the Orange County Sheriff’s Office told the Orlando Sentinel the 61-year-old man slipped and fell into …
Fri, 17 Aug 2018 05:14:27 +0000
A former police officer in Alabama who pleaded guilty to insurance fraud and burglary has been sentenced to 10 years in prison. The Montgomery Advertiser reports 51-year-old Leon Todd Townson was sentenced Aug. 13. The former U.S. Marine is one …
Fri, 17 Aug 2018 05:00:52 +0000
Catastrophic weather events in 2017 helped spur an increase in rating downgrades for the U.S. property/casualty (P/C) industry during the first half of 2018, according to an A.M. Best report. But the report also notes that overall ratings activity in …
Fri, 17 Aug 2018 05:00:17 +0000
You’re crossing the street wrong. That is essentially the argument some self-driving car boosters have fallen back on in the months after the first pedestrian death attributed to an autonomous vehicle and amid growing concerns that artificial intellige...
Thu, 16 Aug 2018 18:49:31 +0000
In 21 states, home sellers are not required by law to disclose to buyers whether their home has ever flooded or whether they will be required to purchase flood insurance, according to an analysis by the Natural Resources Defense Council …
Thu, 16 Aug 2018 18:23:32 +0000
Nine people were injured, one critically, by an apparent natural gas explosion in Denver on Aug. 14, firefighters said. Capt. Greg Pixley, a spokesman for the Denver Fire Department, said seven bystanders were treated for minor injuries and released af...
Thu, 16 Aug 2018 18:18:17 +0000
Hailstorms inflict billions of dollars in damage yearly in North America alone, and the cost will rise as the growing population builds more homes, offices and factories, according to climate and weather experts who spoke at a conference in Colorado …
Thu, 16 Aug 2018 18:00:54 +0000
Whenever Amazon.com Inc. eyes expansion into a new industry, the stalwarts of that space shudder. A Reuters report on Thursday that the e-commerce giant has been talking to insurers about introducing a price comparison website in the U.K. was no …