Wed, 23 Aug 2017 19:12:45 +0000
The U.S. Ninth Circuit court of Appeals affirmed Wednesday that the Los Angeles Lakers are not entitled to insurance coverage for class action allegations that the team violated the Telephone Consumer Protection Act. During a game the team evidently in...
Wed, 23 Aug 2017 16:58:47 +0000
Just a day after being downgraded by ratings agency Demotech, Florida-based insurer Sawgrass Mutual Insurance Company has revealed it is under administrative supervision by the Florida Office of Insurance Regulation. According to an amended consent ord...
Wed, 23 Aug 2017 16:42:57 +0000
Ratings agency, A.M. Best, has assigned a Financial Strength Rating (FSR) of A (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a” to Starr Specialty Insurance Co. (Starr Specialty), headquartered in Dallas. The outlook assigned to ...
Wed, 23 Aug 2017 16:31:42 +0000
St. Louis, Mo.-based Powers Insurance and Benefits recently changed its name to Powers Insurance & Risk Management. Founded in 1991, the company is one of the largest family owned and operated independent insurance agencies in the bi-state region. Powe...
Wed, 23 Aug 2017 16:26:46 +0000
A Missouri plumbing company has been fined more than $700,000 for workplace safety violations, including an employee’s death. The Occupational Safety and Health Administration cited Arrow Plumbing LLC for the death of 33-year-old Donald “D.J.” Meyer an...
Wed, 23 Aug 2017 16:25:22 +0000
The National Hurricane Center has issued a storm surge watch for Texas coast from Port Mansfield to High Island and a hurricane watch from north of Port Mansfield to San Luis Pass. The government of Mexican government also issued tropical …
Wed, 23 Aug 2017 16:13:55 +0000
A woman who reported that she’d been sexually assaulted filed a lawsuit on Aug. 21 against Baylor University, alleging questions she faced from the university shifted blame away from her attacker toward her. The lawsuit filed in a Waco federal …
Wed, 23 Aug 2017 15:22:10 +0000
Colorado’s largest city is on the brink of licensing some of the nation’s first legal marijuana clubs. But Denver’s elaborate hurdles for potential weed-friendly coffee shops and gathering places may mean the city gets few takers for the new licenses. …
Wed, 23 Aug 2017 14:21:17 +0000
A commuter train crashed into a parked train at a suburban Philadelphia terminal early Tuesday morning, injuring dozens of passengers and the train’s operator, a transit spokeswoman said. None of the 42 people hurt in the crash suffered life-threatenin...
Wed, 23 Aug 2017 14:18:07 +0000
PERILS AG has disclosed its third loss estimate for windstorm Thomas, also known as Doris, which affected the British Isles, the Netherlands, Belgium and Germany on Feb. 23-24, 2017. The third estimate of the property insurance market loss for Windstorm …
Wed, 23 Aug 2017 14:14:41 +0000
Crews encountered air brake problems before a 178-car freight train derailed in Pennsylvania earlier this month, causing hazardous material to ignite and forcing nearby residents to evacuate, federal investigators said. The National Transportation Safe...
Wed, 23 Aug 2017 13:34:47 +0000
The Arbella Insurance Group, a Quincy, Mass.-headquartered regional property and casualty insurance company, has promoted Ellen Mann to assistant vice president of human resources. Reporting to Gayle O’Connell, executive vice president, Mann will overs...
Wed, 23 Aug 2017 13:24:06 +0000
Delaware Governor John Carney last week signed into law House Substitute 1 for House Bill 180, legislation that provides the first updates in Delaware law to address advances in cyber threats in more than a decade. The legislation requires additional …
Wed, 23 Aug 2017 13:21:59 +0000
Chubb announced that Johannes Gschossmann has been appointed as head of Financial Lines in Singapore. He joined the company on July 12 and reports to Liam Burrell, division head of Property & Casualty (P&C). Gschossmann brings with him more than …
Wed, 23 Aug 2017 12:37:32 +0000
One of the biggest commercial threats to Taser International’s signature weapon could come from a lawsuit the company won. Across the United States, wrongful death lawsuits involving Tasers have created a body of case law restricting the use of a …
Wed, 23 Aug 2017 12:06:09 +0000
NexAssure Group is set to open a specialist managing general agent, NexAssure Agency (UK) Ltd. in London and has appointed a senior underwriter Mark Angel as head of Specialty to lead the company’s expansion into Europe and Middle East. Angel …
Wed, 23 Aug 2017 12:04:19 +0000
President Donald Trump’s emergency management director said he’s pushing for an overhaul of disaster relief so that states, cities and homeowners bear more of the costs, and less of the risk falls on the federal government. Brock Long, who was …
Wed, 23 Aug 2017 06:46:08 +0000
A law firm threatened on Wednesday to file a class action suit against Commonwealth Bank of Australia for allegedly failing to disclose that it was facing money-laundering charges, in the latest headache for Australia’s biggest listed company. Without ...
Wed, 23 Aug 2017 06:03:58 +0000
Severe Typhoon Hato made landfall in China after it lashed Hong Kong with heavy winds and rain, forcing the city to issue the highest storm warning and its stock exchange to cancel trading for the day. The Hong Kong Observatory …
Wed, 23 Aug 2017 05:36:52 +0000
County officials in Mississippi say a toxic cloud of chlorine was released when a stolen car crashed into a utility station and killed two passengers. WLOX-TV reports Harrison County Sheriff Troy Peterson says the BMW convertible was stolen roughly one …
Wed, 23 Aug 2017 05:19:03 +0000
Officials in Kentucky’s largest city have filed suit in federal court against opioid distributors, accusing them of contributing to the drug epidemic in the state. Louisville Mayor Greg Fischer announced the lawsuit Monday, saying that Cardinal Health,...
Wed, 23 Aug 2017 05:07:35 +0000
A fire official says seven people have were sent to the hospital after a suspected gas leak at a West Virginia restaurant. Media outlets report the incident happened Monday at a Buffalo Wild Wings outside the Huntington Mall. Barboursville Fire …
Wed, 23 Aug 2017 05:00:16 +0000
Yahoo Inc. owes a prize promoter $5.5 million for backing out of a contract to pay $1 billion for predicting every winner in the 2014 NCAA men’s basketball tournament, and entering a similar contract with Quicken Loans Inc. and Warren …
Wed, 23 Aug 2017 05:00:13 +0000
The U.S. National Transportation Safety Board will vote at a Sept. 12 hearing on the probable cause of a May 2016 crash that killed a man using the semi-autonomous driving system on his Tesla Model S sedan, the agency said …
Wed, 23 Aug 2017 05:00:01 +0000
A massive California verdict in a lawsuit alleging Johnson & Johnson’s talc-based products cause cancer has opened a new front in the litigation, upending the company’s hopes that the cases were only gaining traction in Missouri, legal experts said. The …
Tue, 22 Aug 2017 22:42:07 +0000
The city of Lewiston has decided to pay medical bills for children from two families who suffered chemical burns at a park. The children were burned after city employees left a toxic paint stripper applied to graffiti near Pioneer Park’s …
Tue, 22 Aug 2017 22:36:43 +0000
A Los Angeles jury has ordered Johnson & Johnson to pay a record $417 million to a hospitalized woman who claimed in a lawsuit that the talc in the company’s iconic baby powder causes ovarian cancer when applied regularly for …
Tue, 22 Aug 2017 22:21:03 +0000
The owner of multiple property/casualty insurance operations in northern Illinois has been indicted once again, this time on charges that he defrauded more than 100 clients. Todd J. Fendler, of Rockford, Ill., previously had been charged in federal cou...
Tue, 22 Aug 2017 16:54:35 +0000
The Connecticut Supreme Court in August supported a jury’s decision to award $41.7 million in damages to a student permanently disabled by a tick bite while on a school field trip in China, stating that schools in Connecticut are obligated …
Tue, 22 Aug 2017 16:44:24 +0000
Oklahoma’s workers’ compensation system seems to have benefited from reforms that were initiated in 2013, at least in terms of premium costs for businesses. By the end of 2016, employers in Oklahoma had seen a 30 percent reduction in workers’ …