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Retiring Commissioner Sevigny Talks State Regulation, Being a Good Leader
New Hampshire Insurance Commissioner Roger Sevigny is planning to retire this summer after 16 years with the New Hampshire Insurance Department. His current term ends on June 11. Prior to his 16 years working as a regulator in the state …

POSTED MARCH 19, 2018 10:56 AM
Climate Change Worsens Effects of Natural Disasters, Costing Farmers Billions of Dollars
Natural disasters from droughts to floods are costing farmers in poorer countries billions of dollars a year in lost crops and livestock, and it’s getting worse thanks to climate change. Agricultural losses from weather events in developing nations totaled $96 …

POSTED MARCH 19, 2018 10:54 AM
XL Catlin Introduces Brexit Continuity Clause to Address Risk of Loss of EU Passporting
XL Catlin’s London-based insurance operation has introduced a Brexit contract continuity clause. The clause addresses the risk that contracts written by XL’s London-based entities prior to Brexit may become impermissible if passporting rights are lost as a consequence of the …

POSTED MARCH 19, 2018 10:26 AM
Texas Moves to Liquidate Non-Standard Auto Insurer, Access
Texas insurance regulators have put into receivership and started the process of liquidating a Texas-domiciled/Atlanta, Georgia-headquartered property/casualty insurance company that the insurance department says is insolvent. Access Insurance Co. is primarily a provider of non-standard auto insurance and is licensed …

POSTED MARCH 19, 2018 5:40 AM
Credit Insurers Stopped Backing Toys ‘R’ Us a Year Ago
When Toys ‘R’ Us secured a $3.1 billion bankruptcy loan in September, toy makers were reassured they would be paid for goods delivered to the company as it tried to emerge from Chapter 11. Now those payments are at risk …

POSTED MARCH 19, 2018 5:00 AM
Tennessee Reports 60% Increase in DUIs at College Campuses
The Tennessee Bureau of Investigation says reported DUI offenses on college campuses in the state have increased by more than 60 percent. The TBI said in a Thursday statement that its annual crime study detailing the volume and nature of …

POSTED MARCH 19, 2018 4:12 AM
Florida DOT Missed Voicemail About Miami Bridge Crack Before Collapse
An engineer left a voicemail two days before a catastrophic bridge failure in Miami to say some cracking had been found at one end of the concrete span, but the voicemail wasn’t picked up until after the collapse, Florida Department …

POSTED MARCH 19, 2018 4:09 AM
North Carolina Insurance Department Expands Fraud Division, Adds 15 Agents
The North Carolina Department of Insurance has expanded its criminal investigations division with the addition of 15 new special agents, according to a statement from North Carolina Insurance Commissioner Mike Causey. Causey said the expansion to nearly double the size …

POSTED MARCH 19, 2018 4:03 AM
Wisconsin Has High Rate of Fatal Crashes Involving Elderly: Study
A study shows Wisconsin has the highest rate for fatal crashes involving elderly drivers in the country. The study conducted by TRIP, a national transportation research group, found 26 percent of fatal crashes in Wisconsin in 2016 involved someone 65 …

POSTED MARCH 19, 2018 2:07 AM
South Dakota Traffic Deaths Spiked in 2017
The South Dakota Office of Highway Safety says the number of traffic fatalities in the state continues to be among the lowest in the nation despite a spike in accidents near the end of 2017. Highway Safety Director Lee Axdahl …

POSTED MARCH 19, 2018 2:05 AM


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