August 24, 2019
Fri, 23 Aug 2019 16:56:04 +0000
U.S. Agriculture Secretary Sonny Perdue has named 45 Mississippi counties primary natural disaster areas because of freezing, flooding, flash flooding and excessive rain. Producers who had losses from those causes since Jan. 15 may be eligible for Farm...
Fri, 23 Aug 2019 15:35:17 +0000
The Austin Association of Insurance Professionals made their annual donation of school supplies to Wooten Elementary in August. School supply delivery was handled by AAIP 2019 President Lindsey Burton on Aug. 2. In addition to the supplies donated by m...
Fri, 23 Aug 2019 15:28:11 +0000
The National Weather Service says the tornado that damaged or destroyed several buildings in rural Warren County was rated at EF3, with peak winds of 150 mph. It touched down near Lacona a little before 6 a.m. Tuesday and ran …
Fri, 23 Aug 2019 15:25:42 +0000
Minnesota Department of Public Safety officials say officers cited 678 drivers across the state during the first week of the new hands-free cellphone law. The Star Tribune reports that officers handed out 286 citations in Hennepin County, or about 40 …
Fri, 23 Aug 2019 15:24:20 +0000
Galveston, Texas has a new main fire station as recovery continues since Hurricane Ike swamped parts of the city in 2008. The Galveston County Daily News reports the $9.6 million Fire Station No. 1 was one of the last large …
Fri, 23 Aug 2019 15:22:30 +0000
Investigators say a Union Pacific worker has died after being pinned between two railway tanker cars in Southeast Texas. The Jefferson County Sheriff’s Office says 39-year-old Travis Andrepont of Louisiana was killed before dawn Tuesday in Beaumont. Of...
Fri, 23 Aug 2019 15:20:02 +0000
Tokyo Electric Power will submit to a municipal official on Monday a plan regarding the decommissioning of five reactors at its Kashiwazaki-Kariwa nuclear station, the world’s biggest atomic plant, Jiji Press said. Japan suffered its worst energy crisi...
Fri, 23 Aug 2019 15:09:18 +0000
A troubled California utility company is asking the state Legislature to let it borrow money without paying taxes so it can compensate victims of a devastating wildfire caused by its equipment. Pacific Gas & Electric is facing up to $30 …
Fri, 23 Aug 2019 15:01:48 +0000
As the scale and frequency of major disasters escalate, millions of dollars in federal, state and insurance payments intended for recovery efforts are being stolen by fraudsters taking advantage of chaos and the pipeline of aid flowing into the stricken …
Fri, 23 Aug 2019 13:57:14 +0000
The four-year upward trend in motor vehicle deaths that began in 2015 is ebbing, with the number of fatalities in the first six months of 2019 dropping 3% compared to the same six-month period in 2018. Preliminary estimates from the …
Fri, 23 Aug 2019 13:47:49 +0000
Two U.S. lawmakers have called on a top financial regulatory panel to consider direct oversight of the cloud services big tech companies provide to banks, saying they have become a critical component of the global financial system. In a letter …
Fri, 23 Aug 2019 13:32:49 +0000
Asia-focussed insurer AIA Group Ltd on Friday posted a 20% rise in new business for the first half of the year, as it sold more insurance products in its main markets of Hong Kong and China. AIA’s new business value, …
Fri, 23 Aug 2019 13:26:01 +0000
Russia’s Rosatom shipped its first floating nuclear-power reactor on Friday, setting the unit off on a barge journey among Arctic ice caps, raising concerns in the wake of a recent military accident that caused a brief spike in radiation. The …
Fri, 23 Aug 2019 13:11:41 +0000
A newly created U.S. cybersecurity agency said Thursday that China represents the greatest strategic risk to the U.S., and as a result, the agency’s top operational priority is reducing the risks from Chinese compromises to the global supply chain, inc...
Fri, 23 Aug 2019 12:42:46 +0000
Allianz has agreed to acquire automobile and other property/casualty insurance operations from Brazil’s SulAmérica for BRL 3 billion (667 million euros). Allianz said the acquisition will strengthen its competitive position in Brazil, making it one of...
Fri, 23 Aug 2019 12:40:42 +0000
The captain of a commuter ferry that ran aground in Boston Harbor has been placed on leave pending drug test results. The Boston Globe reported Saturday that the captain was taken off the job pending the test, which is routine …
Fri, 23 Aug 2019 11:44:06 +0000
Everest Insurance has added three members to the Financial Lines Private Company/Not‐For‐Profit group. This group provides management liability insurance for private and not‐for‐profit companies of all sizes and industries. Michelle Bockin has ...
Fri, 23 Aug 2019 11:35:46 +0000
The Connecticut Interlocal Risk Management Agency (CIRMA) has hired Ellen Dion as chief financial officer (CFO). Dion has property and casualty insurance industry expertise spanning more than 25 years and will oversee budget preparation and administrat...
Fri, 23 Aug 2019 11:08:22 +0000
Alliant has added John Shaffer III to its Mid-Atlantic team. The Bethesda, Md.-based property and casualty specialist will serve as senior vice president, designing and delivering a range of insurance and risk management services to clients throughout ...
Fri, 23 Aug 2019 05:32:16 +0000
An Illinois construction company that waited six years to inform its excess insurer that it had been sued cannot expect coverage from that carrier, and it can’t go after the insurance brokerage that sold it the policy either, a federal …
Fri, 23 Aug 2019 05:03:59 +0000
Authorities say two motorists have been injured when their cars went airborne over a collapsed bridge span near the Florida-Georgia Line. Officials closed a short stretch of Hutchinson Ferry Road northwest of Tallahassee on Wednesday morning because of...
Fri, 23 Aug 2019 05:00:59 +0000
U.S. Transportation Secretary Elaine Chao on Thursday named 22 people to a new panel that will advise the department on aviation safety oversight and certification programs as the Federal Aviation Administration continues to grapple with the fallout fr...
Fri, 23 Aug 2019 05:00:45 +0000
As the country enters peak season for major natural disasters, new research indicates which states and communities are the riskiest for those needing to evacuate whether from wildfires or hurricanes. StreetLight Data Inc., a company that collects and a...
Fri, 23 Aug 2019 05:00:10 +0000
Electric luxury cars and sport utility vehicles (SUVs) may be 40% more likely to cause accidents than their standard engine counterparts, possibly because drivers are still getting used to their quick acceleration, French insurer AXA said. The numbers,...
Fri, 23 Aug 2019 05:00:02 +0000
Wells Fargo & Co. will pay the Navajo Nation $6.5 million to settle a lawsuit over “predatory and unlawful practices” by the bank, the Native American tribe said on Thursday. The Navajo Nation sued Wells Fargo in federal and tribal …
Fri, 23 Aug 2019 04:22:47 +0000
A string of fires in a western Kentucky neighborhood has left authorities wondering if they’re all related. News outlets report four fires in the past week have occurred in the Pleasant Ridge area and three of the fires were caused …
Fri, 23 Aug 2019 04:09:43 +0000
A Florida contractor was arrested this month for an alleged workers’ compensation fraud scheme totaling nearly $737,000, according to a statement from Chief Financial Officer (CFO) Jimmy Patronis. Norma Lopez Cedillo, president of Nuvo Contractor, Inc....
Thu, 22 Aug 2019 21:37:01 +0000
Think retreat is never an option? Think again. “Faced with global warming, rising sea levels, and the climate-related extremes they intensify, the question is no longer whether some communities will retreat—moving people and assets out of harm’s wayâ...
Thu, 22 Aug 2019 20:15:13 +0000
The Occupational Safety and Health Administration has fined an Idaho tree-trimming company after an employee was killed and another was injured when the work platform of a bucket truck fell about 65 feet. The Times-News reported that the federal agency …
Thu, 22 Aug 2019 20:13:17 +0000
The board of California’s State Compensation Insurance Fund announced plans to distribute a $105 million dividend to qualifying policyholders with policies that took effect between Jan. 1 and Aug. 19. This dividend equals roughly 15% of the estimated a...