Monthly Archives: <span>March 2015</span>

StartPoint Adds $25M in Capacity for U.S. D&O Market

Managing general agency StartPoint has added $25 million in new capacity for the U.S. directors & officers (D&O) insurance marketplace. The complete amount of the capacity is provided by certain syndicates at Lloyd’s (A+ rated by S&P) and is written …

Damage at Michigan Ski Resort Leads to Charges for Fraternity Members

A northern Michigan prosecutor filed charges against three University of Michigan students after their fraternity was blamed for widespread vandalism at a ski resort during a wild weekend party. Only one member of Sigma Alpha Mu was charged with a …

Sheriff: New Orleans Airport Attacker Had Machete, Explosives

A machete-wielding attacker who died hours after being shot by a sheriff’s deputy who stopped his rampage at New Orleans’ international airport had a bag loaded with Molotov cocktails, authorities say. Richard White, 63, was shot on March 20 as …

Crack on Texas Cliff Where House Fell Puts Homes, Boaters at Risk

Steve Mellgren’s worries began when a chunk of land near his house crumbled down a cliff, leaving his neighbor’s palatial home dangling above a lake before a demolition crew sent it tumbling into the water. One year after the incident …

Suits over Texas Softball Team’s Fatal Crash Settled or Dismissed

Though final report on an Oklahoma bus crash that killed four North Central Texas College softball players is still pending, three lawsuits have been dismissed or settled, though the reasons and terms have not been released. The team was traveling …

Feds to Release New Earthquake Hazard Map for Oklahoma

The U.S. Geological Survey is expected to release a new hazard map for earthquakes in Oklahoma. The Oklahoman reports that data collection has continued with the help of the Oklahoma Geological Survey after the state recorded more earthquakes of a …

Iowa High Court: Insurer not on Hook for Leak at Shopping Center

The Iowa Supreme Court has ruled that an insurance company is not on the hook for a 2010 leak at Waterloo shopping center that damaged a store. In a split decision on March 20, the high court sided with State …

Nebraska Lawmakers to Vote on Helmet Law Repeal

A push to repeal Nebraska’s motorcycle helmet law is going to a vote in the Legislature despite opposition from senators who say the requirement saves lives. The repeal measure would lift Nebraska’s restriction on motorcycle helmets for riders who are …

N.H. Senate Committee Not Backing Workers’ Comp Fee Schedule

A key policy committee in the New Hampshire Senate is backing a workers’ compensation reform bill that it says will reduce costs by 7.5 percent without imposing a price-fixing mechanism backed by business groups. “This agreement will bring real savings …

Bill to Up Montana Highway Speeds Proposed

Montana lawmakers on Friday heard the session’s fourth proposal to increase highway speed limits. Republican Rep. Art Wittich proposed a ballot referendum Friday for voters to decide whether to raise highway speed limits by 5 mph. Wittich said the proposal …