The New York Road Runners (NYRR), a nonprofit group that organizes the annual New York City Marathon, received $15 million in insurance proceeds from Lloyd’s of London for the cancelled New York City marathon in 2012, according to a report …
Louisiana will have a six-year driver’s license. Currently, drivers must renew their licenses in the state every four years. A bill by Republican Sen. Dan Claitor, of Baton Rouge, changes the renewal period to six years. Gov. Bobby Jindal signed …
Eight Union Pacific cars overturned in Central Texas and at least one tanker leaked a hazardous chemical used in natural gas processing. The Grimes County Sheriff’s Office says nobody was hurt in the June 23 derailment near Navasota. Authorities are …
Zurich North America has introduced new property coverage for cloud-dependent, middle-market companies. As the new property coverage enhancement for companies is not location specific, Zurich now offers insurance coverage for the cyber risks of cloud computing as well as business …
The recent spate of strong earthquakes in central Oklahoma hasn’t caused any significant damage to bridges and roads, according to the Oklahoma Department of Transportation. The agency said ODOT crews inspect bridges in a five- to 10-mile radius from the …
NationsBuilders Insurance Co. will transfer its residential construction liabilities totaling $76,250,000 to Catalina Holdings (Bermuda) Ltd. under a novation agreement announced today. Also, as part of the transaction, Catalina, a consolidator in the non-life insurance/reinsurance run-off sector, will acquire the …
The state says recent stepped-up enforcement of seat belt regulations by law enforcement officials in 40 Michigan counties led to more than 13,700 traffic stops. Preliminary reports released June 23 indicate that stops during the “Click It Or Ticket” campaign …
Iowa’s top emergency management official says up to 150 homes in Iowa have major flood damage and his department continues to monitor river levels as Iowa’s ground is water saturated and more rain could cause additional problems. Iowa Department of …
Officials say only a small number of Minot, N.D., residents have been forced to pay higher premiums for flood insurance, despite a devastating flood three years ago that wiped out most of the city. Multiple claims on a property will …
There’s a new state law that aims to protect homeowners against unscrupulous contractors who offer to repair the sort of storm damage that occurred last week in southern Wisconsin. The law’s provisions seem to protect insurance companies as much as …
