The Risky Future Summit starts today! Register now.

Monthly Archives: <span>May 2013</span>

California Coffee Drinker, Safeway Settle Kona Coffee Lawsuit

Safeway Inc. and a California coffee drinker have agreed to settle a lawsuit claiming Safeway committed fraud by selling coffee labeled as a Kona blend even though it didn’t include much Kona coffee. Court documents show Chanee Thurston, of Benicia, …

New Mexico Applebee’s Sued Over Drunk Pedestrian’s Death

A Taos, N.M. restaurant is facing a lawsuit over allegations that it overserved a pedestrian who was struck and killed by a pickup. The Albuquerque Journal reported Julian Varela had a blood alcohol level four times the legal limit for …

Florida Lawmakers Advance Texting While Driving Bill

The Florida House has passed its version of a statewide ban on texting while driving, but the proposal’s fate is uncertain. The House passed the bill (SB 52) on a 110-6 vote Wednesday. It includes an amendment that allows police …

Florida Medical Malpractice Bill Fate Uncertain

The Florida House this took up a bill that critics say would make it harder to pursue medical malpractice claims. But the bill also had fallen victim to a tactic by Democrats upset that the House Republican leadership won’t accept …

Florida Approves Cap on Physician-Dispensed Drugs for Workers’ Compensation

After years of struggling to rein in the cost of physician-dispensed drugs, Florida workers’ compensation insurers finally reached a compromise with physicians and drug companies that is projected to reduce costs by some $20 million. Florida lawmakers today approved the …

Delaware Police Issue 2,000 Distracted Driving Tickets

Police in Delaware issued more than 2,000 tickets to drivers in a crackdown on using handheld cellphones behind the wheel. The Department of Highway Safety says the tickets were issued over two weeks in April in the second wave of …

SNL: E&S Premiums Up in 2012; Top 30 Carriers Ranked

Excess and surplus lines premiums in the U.S. were up for a second consecutive year in 2012, rising 10.8 percent to $25.44 billion, and grew at a faster rate than in 2011, according to SNL Financial. Not too long ago …

Crop Insurance Subsidies Encourage Farmers to Buy Too Much Coverage: Economist

U.S. farmers have collected a record $17 billion in crop insurance payments on drought-hit 2012 crops but the system could have spent half as much and still saved growers from ruinous losses, an insurance specialist said on Wednesday as the …

EU Considering Action; Pope Comments after Bangladesh Building Disaster

The European Union is considering trade action against Bangladesh, which has preferential access to EU markets for its garments, to pressure Dhaka to improve safety standards after a building collapse killed more than 400 factory workers. Pope Francis condemned the …

AJ Gallagher Acquires UK’s Property & Commercial Limited

Arthur J. Gallagher announced the acquisition of UK-based Property & Commercial Limited from Barbon Insurance Group. Terms of the transaction were not disclosed. “This insurance business provides retail and wholesale insurance products and services as well as affinity business and …