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California’s Comp Insurers Had 5.1% More in Direct Written Premium in 2016
California workers’ compensation insurers wrote $12.96 billion in direct written premium last year, an increase of $628 million, or 5.1 percent, from the prior year, according to new data from the National Association of Insurance Commissioners released by the California …

POSTED MAY 22, 2017 7:11 PM
Louisiana Getting Another $51M in Federal Flood Aid
Louisiana’s getting another $51 million in federal dollars to help with recovery from last year’s floods. U.S. Sen. Bill Cassidy announced the latest figure Thursday. He says the U.S. Department of Housing and Urban Development released information about how it …

POSTED MAY 22, 2017 4:56 PM
Ohio Bill Would Limit Access to Workers’ Comp for Workers Here Illegally
The Ohio House has approved a workers’ compensation budget that blocks workers living in the country illegally who get hurt on the job from accessing compensation benefits. The Columbus Dispatch reports the bill was approved after a strong debate. Democratic …

POSTED MAY 22, 2017 4:49 PM
Ohio Steel Plant Faces $280K Fine for Safety Violations
A federal safety group says it has proposed a $280,000 fine against an Ohio steel plant for violations over lead exposure and hazards caused by unsafe machinery. The Occupational Safety and Health Administration announced the proposed fine Friday against Republic …

POSTED MAY 22, 2017 4:46 PM
Cyberattack Cost Michigan Utility $2M, 14 Employees
A utility company in Lansing, Mich., is still transitioning back to stability after a cyberattack temporarily disabled the company’s internal network and required it to pay a $25,000 ransom. Dick Peffley, general manager for the Board of Water & Light, …

POSTED MAY 22, 2017 4:44 PM
Texas Senate Passes Texting While Driving Ban
The Texas Senate on May 19 passed a measure banning texting while driving statewide. HB 62 by Midland Rep. Tom Craddick previously was approved by the House. While more than 100 cities in the state have texting and driving bans …

POSTED MAY 22, 2017 4:40 PM
Insurance to Pay for up to $57M in Damage to Washington Waste Treatment Plant
An analysis says equipment failures caused between $49 million and $57 million of damage at the Washington’s largest sewage treatment plant. KING-TV reported  the analysis was released related to damage at the West Point Wastewater Treatment Plant in Seattle. The …

POSTED MAY 22, 2017 3:10 PM
$173K Settlement Revealed in Utah State Student ‘Slack Line’ Death
Utah State University has agreed to pay $172,500 to the parents of a student killed four years ago when he hit a slack line rope tied between two trees while he was biking on campus, according to documents released by …

POSTED MAY 22, 2017 3:06 PM
Tourist Suing Planet Hollywood in Vegas for Mannequin Scare Injury
A tourist is suing a Las Vegas Strip hotel, claiming a life-sized mannequin in his darkened room caused him to flee and suffer injuries. Kent Jacobs Boutwell, of Southern California, filed the lawsuit against the Planet Hollywood casino-hotel in Clark …

POSTED MAY 22, 2017 3:03 PM
Uber May Fire Key Executive in California in Self-Driving Car Dispute
Uber is threatening to fire a key executive accused of stealing self-driving car technology from a Google spin-off unless he waives his constitutional right against self-incrimination so the ridesharing service can comply with a court order. The development raises the …

POSTED MAY 22, 2017 3:01 PM
In Defeat for Patent Trolls, Supreme Court Limits Venue for Lawsuits
The U.S. Supreme Court on Monday tightened rules for where patent lawsuits can be filed in a decision that may make it harder for so-called patent “trolls” to launch sometimes dodgy patent cases in friendly courts, a major irritant for …

POSTED MAY 22, 2017 2:36 PM
Connecticut Lawmakers Urged to Help Crumbling Foundation Homeowners
Regional officials are reminding state lawmakers it’s urgent this session to provide assistance to eastern and central Connecticut homeowners with crumbling foundations. Both the executive director of the Capitol Region Council of Governments (CRCOG) and chairman of a CRCOG committee …

POSTED MAY 22, 2017 1:20 PM
Kaloudis Joins JLT Specialty USA Team for Restructuring Clients
JLT Specialty USA announced the appointment of attorney Denise Kaloudis as senior vice president. Based in New York, Kaloudis will work with JLT’s Special Situations Group (SSG) to assist the restructuring community in solving complex insurance issues. JLT’s SSG is …

POSTED MAY 22, 2017 1:00 PM
Weather Co. Updates Atlantic Hurricane Season Forecast
In its second seasonal tropical forecast for the North Atlantic basin for the 2017 season, IBM’s The Weather Co. said it now expects a total of 14 named storms, seven hurricanes, and three major hurricanes, a slight increase in activity …

POSTED MAY 22, 2017 12:51 PM
Petplan Australasia Announces Affiliation with MS Amlin
Petplan Australasia announced that MS Amlin Syndicate 2001 of Lloyd’s will become the new underwriter of its pet insurance plans in Australia – a move that is designed to enhance policyholder benefits with broader coverage and more plan choices. Petplan …

POSTED MAY 22, 2017 11:50 AM
Private Equity Firm Carlyle Sues Insurers Over Oil Losses
Julia Payne U.S. private equity firm Carlyle Group is suing a group of its insurers over $400 million worth of oil it claims it lost when Morocco’s sole refinery went bankrupt two years ago, court documents show. Carlyle claims in …

POSTED MAY 22, 2017 10:49 AM
Underwriting Agency, CFC, Partners with Kidnap Response Expert EOS Risk
Lloyd’s managing general agency CFC announced it has formed a partnership with risk management and security consultant, EOS Risk. EOS Risk joins red24 and S-RM on CFC’s panel of security companies that specialize in global kidnap and extortion incidents. “Highly …

POSTED MAY 22, 2017 10:45 AM
New Hampshire Governor Requests Disaster Assistance for March Storm
New Hampshire Republican Gov. Chris Sununu has requested that President Donald Trump issue a major disaster declaration and provide federal emergency assistance for the blizzard and severe winter storm that happened in mid-March. Sununu said that eight of the state’s …

POSTED MAY 22, 2017 10:45 AM
New Jersey’s NJM Promotes Livingston, Elects New Board Chairman
NJM Insurance Group, a West Trenton, N.J.-based property and casualty insurer, has promoted Mitchell A. Livingston, Esq., to chief operating officer (COO), making him the first in the company’s 104-year history to hold the position. Livingston will also assume the …

POSTED MAY 22, 2017 10:42 AM
New York Construction Company Owner Indicted for Manslaughter
The owner of a Bedford-Stuyvesant construction company and his businesses have been indicted on manslaughter and other charges after a wall collapsed at an excavation site, killing one construction worker and injuring two others. “Construction site deaths such as his …

POSTED MAY 22, 2017 10:01 AM
Pennsylvania’s IA&B Announces New CEO Following Russell’s Retirement
Insurance Agents & Brokers (IA&B), a Mechanicsburg, Penn.-based professional trade association, will have a new president and CEO at the helm beginning in January 2018. Deputy CEO and Counsel Jason Ernest will take the reins from Rick Russell, who will …

POSTED MAY 22, 2017 10:00 AM
UK Firms Choosing Luxembourg as Brexit HQ May Find Lifestyle Differences
Little Luxembourg is luring firms on the lookout for a post-Brexit foothold in the European Union, from JPMorgan Chase & Co. to insurance giant American International Group Inc. While many find the Grand Duchy a multilingual paradise, would-be expats are being warned …

POSTED MAY 22, 2017 9:59 AM
Crewless Ships: Safer, Faster, Cleaner, Cheaper Future of Shipping – Opinion
It sounds like a ghost story: A huge cargo vessel sails up and down the Norwegian coast, silently going about its business, without a captain or crew in sight. But if all goes as planned, it’s actually the future of …

POSTED MAY 22, 2017 9:02 AM
Amazon’s Delivery Drone Project Focuses on Birds (and How to Avoid Them)
Amazon.com Inc.’s development of package-delivery drones is progressing to the point where the company is now thinking a lot about geese. The e-commerce company said Thursday it has started development of an air-traffic control system to manage its fleet as …

POSTED MAY 22, 2017 8:38 AM
China Eyeing Cyber Rule Delay After Outcry from Foreign Firms: Sources
China may delay full implementation of controversial new cyber security rules, giving companies more time to prepare, two people who attended a meeting on Friday between the country’s internet regulator, businesses and diplomats told Reuters. The Cyberspace Administration of China (CAC) called …

POSTED MAY 22, 2017 7:59 AM
RSG Underwriting Managers Forms Marine Consultancy, Claims Firm
RSG Underwriting Managers (RSGUM) has formed Smooth Waters, LLC, an independent marine insurance consultancy and claims adjusting company and part of RSGUM’s growing marine practice. Smooth Waters, LLC, serves as a consulting and claims adjusting company for the energy and …

POSTED MAY 22, 2017 5:08 AM
States Getting More Active on Autonomous Vehicle Rules, Says PCI Director
Thinking about the rules of the road for a time when autonomous vehicles dominate the landscape is probably like envisioning a horseless carriage on the plains of the Old West. But that won’t stop Bob Passmore, senior director of personal …

POSTED MAY 22, 2017 5:00 AM
U.S. Court Voids Recreational Drone User Registry
The government’s authority to oversee burgeoning recreational drone use was dealt a setback when a federal appeals court barred the Federal Aviation Administration from forcing hobbyists to register the millions of unmanned aircraft taking flight. While Friday’s decision by the …

POSTED MAY 22, 2017 5:00 AM
Update: Insurers Sound Alarm Over Liability Law Restatement; Vote Delayed
Liability insurers, their lawyers and their regulators are holding their collective breath that a scheduled vote this week on a proposed restatement of law regarding liability insurance will not happen. If approved, the controversial restatement would give policyholders more clout …

POSTED MAY 22, 2017 5:00 AM
Florida Motorcyclist Injured After Collision With 10-Foot Gator
A man riding a motorcycle hit an alligator that was crossing a rural Florida road, throwing him from his bike. The Florida Highway Patrol said in a news release that 27-year-old Calun Nelson was riding his motorcycle south of Tampa …

POSTED MAY 22, 2017 4:59 AM

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