Mon, 17 Jun 2019 16:59:00 +0000
The nation’s largest public utility on Thursday agreed to dig up and remove about 12 million cubic yards (9.2 million cubic meters) of coal ash from unlined pits at a Tennessee coal-burning power plant. Prompted by two environmental groups, the …
Mon, 17 Jun 2019 16:44:43 +0000
Two people who say they contracted Legionnaires’ disease at a newly opened Ohio hospital have sued the facility and its health system. Martin and Rebecca Brown, from Orient, sued Mount Carmel Grove City in Franklin County on June 11. Anna …
Mon, 17 Jun 2019 16:43:36 +0000
The Independent Insurance Agents of Texas (IIAT) has added Lisa Webb as director of IIAT Advantage Markets. Webb has more than 30 years of experience in personal and commercial lines sales, management, training and claims handling. Many IIAT members kn...
Mon, 17 Jun 2019 16:32:57 +0000
An Ohio college ordered to pay $44 million in damages to the owners of a market who said the school ruined their business by branding them as racists said the jury awards are “not the final outcome.” “We are disappointed …
Mon, 17 Jun 2019 16:29:23 +0000
Oklahoma’s governor and Republican legislative leaders are raising concerns about the state’s proposed $85 million settlement with an opioid manufacturer that has yet to be approved by a judge. Gov. Kevin Stitt, House Speaker Charles McCall and Senate ...
Mon, 17 Jun 2019 16:26:07 +0000
The city of New Orleans is using a $12.5 million grant to elevate more than 50 houses that have experienced repeated flooding. The city says in a news release that the money comes from the Federal Emergency Management Agency’s Flood …
Mon, 17 Jun 2019 16:24:25 +0000
Ron Gadeken of Ron’s Ag & Auto Repair in Stanton, Nebraska, often goes out to farms to repair equipment. That includes south of Stanton, where the Elkhorn River flows. The raging Elkhorn River wiped out part of the Highway 57 …
Mon, 17 Jun 2019 16:17:06 +0000
Louisiana Farm Bureau is following the downward trend in auto insurance rates started by State Farm and Progressive insurance companies, the Louisiana Department of Insurance reported. Louisiana Farm Bureau has filed for a 4.4% rate decrease on 220,000...
Mon, 17 Jun 2019 16:14:55 +0000
If Big Brother isn’t watching, maybe his little sister is listening. An international law firm has filed a federal lawsuit against Amazon.com Inc., alleging that the company’s Alexa virtual assistant product violated privacy laws in Massachusetts and s...
Mon, 17 Jun 2019 15:53:19 +0000
Alabama environmental officials say another waste water spill from a Tyson Foods plant has contaminated rivers with E. coli and killed an untold number of fish. News outlets report up to 800,000 gallons of waste water spilled last week from …
Mon, 17 Jun 2019 15:30:56 +0000
The U.S. Geological Survey confirmed a magnitude 3.2 earthquake hit central California. The agency says the earthquake hit a spot 11.4 miles southwest of Darwin, a town of about 36 people, at 6:48 p.m. The agency says the earthquake had …
Mon, 17 Jun 2019 15:28:47 +0000
TigerRisk Partners LLC has named Lindsey Frase a partner and member of its North American current client division. Frase will report to Wade Gulbransen, global head of reinsurance. Frase started her reinsurance industry career working for Guy Carpenter...
Mon, 17 Jun 2019 13:58:16 +0000
President Donald Trump has made a disaster declaration for Vermont’s Bennington, Essex, Orange, Rutland, Washington and Windsor counties for flooding in April. Vermont Gov. Phil Scott says a preliminary assessment by the Federal Emergency Management Ag...
Mon, 17 Jun 2019 13:48:03 +0000
Authorities in Boston say a fire that started at a vacant property and spread to nearby homes likely caused millions of dollars in damages. The Boston Fire Department tweeted that the cause of Saturday evening’s nine-alarm fire on the border …
Mon, 17 Jun 2019 13:34:37 +0000
A New Jersey man who owned moving companies has admitted cheating customers by low-balling estimates and then jacking up prices once the goods were on his trucks. Rami Zubidat of Clifton on Wednesday pleaded guilty in federal court to conspiracy …
Mon, 17 Jun 2019 13:26:39 +0000
A Delaware judge says an insurance company must extend liability coverage to a teenager who was convicted of criminally negligent homicide after a school bathroom attack captured on cellphone video that left a 16-year-old girl dead. The judge ruled Wed...
Mon, 17 Jun 2019 12:27:07 +0000
President Donald Trump’s attempt to transform American health insurance is almost complete. Twenty months ago, frustrated after attempts to repeal Obamacare fell apart in the Republican-controlled Senate, Trump pledged to use executive power to do what...
Mon, 17 Jun 2019 10:32:41 +0000
The Geneva Association, the global organization of insurance and reinsurance chief executive officers (CEOs), announced the election of four new board members. They are: Yuansiong Lee, co-CEO, Ping An Insurance Co. of China; Charles F. Lowrey, CEO, Pru...
Mon, 17 Jun 2019 10:06:23 +0000
There are only so many ways U.K. business chiefs can express their dismay at the Brexit deadlock engulfing the country. Frustration at politicians has morphed into outright anger in the three years since the referendum on leaving the European Union …
Mon, 17 Jun 2019 09:48:32 +0000
ACORD, the global standards body for the insurance industry, has announced that Riskbook was the winner of the London semi-final round of the ACORD InsurTech Innovation Challenge (AIIC), with RITA and Optimiz.Claims named as runners up. Riskbook is foc...
Mon, 17 Jun 2019 09:36:00 +0000
Lightning struck a Russian Sukhoi Superjet 100 aircraft knocking out its auto pilot system shortly before it crash landed in Moscow last month killing 41 people, investigators said on Friday, adding it had approached too fast and been too heavy. …
Mon, 17 Jun 2019 08:59:58 +0000
For most of the traders, bankers, lawyers and accountants who populate the City of London, the era of excessive daytime boozing is long gone. Pubs and pints have been replaced by coffee shops and lattes. Dealmaking hasn’t suffered for it. …
Mon, 17 Jun 2019 08:18:45 +0000
Iranian forces were likely responsible for the attacks that occurred Thursday on two tankers in the Gulf of Oman, according to a report seen by Bloomberg from DNK, the insurer of one of the ships. The Norwegian insurer has raised …
Mon, 17 Jun 2019 08:09:12 +0000
Oil tanker owners face spiraling insurance costs to load cargoes from the world’s largest crude-export region after the latest round of attacks on vessels. War risk premiums that owners pay each time they go to the Persian Gulf have now …
Mon, 17 Jun 2019 05:39:43 +0000
Self-driving vehicles with no humans on board will be able to operate in Florida – once they’re finally ready for prime time – under a bill signed Thursday by Gov. Ron DeSantis. DeSantis said he hopes to use the law …
Mon, 17 Jun 2019 05:11:46 +0000
PURE Programs has expanded its coverage for high value homeowners into Texas, Louisiana, Mississippi, Alabama, and Georgia. Across the region, PURE Programs will offer coverage for homes with a rebuilding cost of $1 million to $50 million that do not …
Mon, 17 Jun 2019 05:00:51 +0000
The Kansas Supreme Court on Friday ruled that the state’s cap on damages for noneconomic injuries in personal injury lawsuits is unconstitutional. The court ruled 4-2 that capping damages an injured person is able to recover in a lawsuit violates …
Mon, 17 Jun 2019 05:00:41 +0000
U.S. drugmakers on Friday filed a lawsuit to prevent the companies from disclosing the list price of prescription drugs in direct-to-consumer television advertisements as per a newly proposed government regulation. The lawsuit was jointly filed by Amge...
Mon, 17 Jun 2019 05:00:26 +0000
In 2008, the year the stock market crashed and Barack Obama won the presidency, the U.S. was hit with a weather phenomenon little noted by anyone beyond the insurance industry. The country’s losses from hail breached $19 billion in inflation-adjusted …
Mon, 17 Jun 2019 05:00:17 +0000
Lawyers representing county and municipal governments accusing drug manufacturers and distributors of fueling the U.S. opioid epidemic proposed a novel plan on Friday that would allow every community nationally to participate in negotiating billions of...