Mon, 27 Mar 2017 16:11:35 +0000
The number of speeding tickets issued by South Dakota state troopers has gone up since the state’s top speed limit increased from 75 mph to 80 mph nearly two years ago. According to an analysis of ticket data by the …
Mon, 27 Mar 2017 16:09:34 +0000
The U.S. Geological Survey reports a magnitude 4.0 earthquake and three smaller temblors have struck Oklahoma. The survey reported that the magnitude 4.0 quake hit on March 25 south of Medford in north-central Oklahoma. Three smaller temblors — with ...
Mon, 27 Mar 2017 16:07:47 +0000
An Oklahoma food company is recalling more than 466 tons of breaded chicken because of possible metal in the food. The U.S. Department of Agriculture said OK Food Inc. is recalling 933,272 pounds of the food shipped nationwide that was …
Mon, 27 Mar 2017 15:44:16 +0000
Driverless vehicles operated by Uber Technologies Inc. were back on the road in San Francisco on Monday after one of its self-driving cars crashed in Arizona, the ride-hailing company said. Uber’s autonomous vehicles in Arizona and Pittsburgh, Pennsylv...
Mon, 27 Mar 2017 15:25:51 +0000
A group of New Mexico property owners has sued Winona County over its ban on industrial mining of silica sand for use in hydraulic fracturing. The Southeast Minnesota Property Owners joined Saratoga Township resident Roger Dabelstein in filing the laws...
Mon, 27 Mar 2017 15:20:23 +0000
Montana lawmakers have tabled a proposal seeking to dismantle and privatize the state’s massive workers’ compensation system, saying the matter is too daunting to take up in the waning days of the legislative session. Instead, a Senate Committee decide...
Mon, 27 Mar 2017 15:14:16 +0000
John F. Sullivan Jr. had a passion for insurance, doing business and sailing. Jack Sullivan died on March 19 at age 83 after a long career in insurance. Jack was born Oct. 7, 1933 in Spokane, Wash. to John F. …
Mon, 27 Mar 2017 14:57:34 +0000
A California mother and son were sentenced for auto insurance fraud. Henrietta Silva, 71, and her son, Peter Silva, 42, were sentenced in the San Diego Superior Court after submitting multiple fraudulent auto insurance claims. Henrietta Silva was sente...
Mon, 27 Mar 2017 14:40:54 +0000
The worst cyclone in six years is set to smash into the coast of Queensland on Tuesday morning, forcing thousands of Australians to evacuate or seek emergency shelter and prompting some of the world’s biggest miners to halt coal operations. …
Mon, 27 Mar 2017 14:01:32 +0000
Zurich Insurance Group AG wants more freedom from its shareholders to raise money quickly. That’s odd. Switzerland’s largest insurer has no capital hole that needs filling. The move suggests newish CEO Mario Greco may be concerned about missing out on …
Mon, 27 Mar 2017 13:25:25 +0000
The owners of a New Jersey diner have admitted burning it down to collect insurance. Sussex County prosecutors say 49-year-old Tina Diakos and 40-year-old Ozkan Cengiz pleaded guilty to arson on Wednesday. Prosecutors say the pair said business at the …
Mon, 27 Mar 2017 13:21:13 +0000
Vermont businesses should see a $28 million reduction in expenses this year from lower workers’ compensation and unemployment insurance costs. Democratic House Speaker Mitzi Johnson tells the Rutland Herald the state Department of Labor projected ther...
Mon, 27 Mar 2017 13:17:04 +0000
A U.S. appeals court in New York on Friday weighed arguments over whether Uber Technologies Inc. customers gave up their right to sue the company when they registered for its popular taxi hailing service. The case could have wider implications for in...
Mon, 27 Mar 2017 12:02:55 +0000
Saudi Arabia is facing a renewed $6 billion lawsuit by dozens of insurers seeking to hold it responsible for business and property damage caused by the Sept. 11, 2001 attacks. The lawsuit filed late Thursday in the U.S. District Court …
Mon, 27 Mar 2017 11:44:54 +0000
London has retained the mantle as the world’s top financial center, though uncertainty about the implications of Britain’s vote to leave the European Union saw its lead over Asian rivals narrow, according to a study. New York held on to …
Mon, 27 Mar 2017 11:18:44 +0000
Belize SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) is providing US$100,000 to the government of Belize to purchase 40-50 automatic weather stations that will provide the Meteorological Service of Belize with access to real-time ra...
Mon, 27 Mar 2017 10:35:18 +0000
London-based broker THB, CNA Hardy and cyber security specialist Waterfall Security Solutions have entered into a partnership to provide a cyber security protection package for industrial businesses globally. The package, distributed exclusively throu...
Mon, 27 Mar 2017 09:49:10 +0000
People’s Bank of China Governor Zhou Xiaochuan said the country is preparing to further open its financial sector, and that doing so will involve negotiations over how other nations treat Chinese investors. Areas of potential liberalization include ban...
Mon, 27 Mar 2017 08:51:02 +0000
Ping An Insurance (Group) Co. plans to invest $100 million a year in Japanese companies as it seeks to diversify its investments outside of China. China’s second-largest insurer will put money with private equity funds that invest in sectors including …
Mon, 27 Mar 2017 05:44:20 +0000
Great American Insurance Group has promoted Jane Kornesczuk to divisional president of its Executive Liability Division. The division is based in Schaumburg, Ill. Kornesczuk joined Great American in 1990 as a senior underwriter. She was named chief und...
Mon, 27 Mar 2017 05:38:53 +0000
Members of a Kansas House committee are pushing to ramp up oversight of temporary and permanent amusement park rides after a lawmaker’s son was killed on a waterslide last year, but the bill that would allow it to happen could …
Mon, 27 Mar 2017 05:32:29 +0000
The Oklahoma Senate has unanimously passed legislation to change how first-time driving under the influence (DUI) offenses are handled in Oklahoma. Senate Bill 643, also known as the Impaired Driver Elimination Act 2 (IDEA2), is strongly supported by M...
Mon, 27 Mar 2017 05:24:54 +0000
Officials in a Kansas City suburb where a fire destroyed a multimillion-dollar apartment building under construction and spread to about two dozen homes estimate the blaze caused between $23 million and $25 million in damage. The Kansas City Star repor...
Mon, 27 Mar 2017 05:24:41 +0000
The Texas Senate has approved a bill protecting property owners statewide from liability for injuries incurred by people rock climbing on their land. The proposal by Republican Sen. Charles Perry of Lubbock now heads to the state House. It immunizes …
Mon, 27 Mar 2017 05:00:57 +0000
As many as four million truck, bus, delivery and taxi driving jobs could be lost if fully autonomous vehicle technology is adopted in a short period of time, according to a new report. With more than 30 companies—including automakers BMW, Daimler …
Mon, 27 Mar 2017 05:00:11 +0000
Republicans may have failed to overthrow Obamacare last week, but there are plenty of ways they can chip away at it. The Trump administration has already begun using its regulatory authority to water down less prominent aspects of the 2010 …
Mon, 27 Mar 2017 04:54:03 +0000
The North Carolina Rate Bureau’s request for an auto rate hike of 13.8 percent is not justified based on the data submitted, according to a statement from the North Carolina Department of Insurance. The decision, made by Commissioner Mike Causey …
Mon, 27 Mar 2017 04:33:38 +0000
A woman who was hurt in a car crash that ended a police chase more than three years ago can’t sue the officers or the suburban Birmingham city where it occurred, the Alabama Supreme Court ruled Friday. The justices unanimously …
Mon, 27 Mar 2017 04:10:45 +0000
The Hanover Insurance Group, Inc. has launched a new online portal featuring risk management tools for the professional liability industry. HanoverProRisk offers articles, templates, risk bulletins and seminars focused on the needs of agents and custom...
Mon, 27 Mar 2017 04:03:37 +0000
Baldwin Risk Partners, a Tampa, Fla.-based insurance distribution holding company, has partnered with Bradenton Insurance LLC, of Bradenton, Fla., adding the agency to its group of companies. Bradenton Insurance has been a local independent insurance a...