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

North Carolina Jury Awards $18 million to Estate of Bus Crash Victim

A jury has awarded $18 million to the estate of a Chapel Hill, N.C., man killed in a charter bus crash almost two years ago. WRAL in Raleigh reports the wrongful death lawsuit sought $52 million, but lawyers for Horizon …

Georgia State Agencies Preparing for Medical Marijuana Law

In an emotional ceremony in his Capitol office, Georgia Governor Nathan Deal signed an executive order Friday ordering state agencies to start preparations now for the enactment of the state’s medical marijuana bill. Deal said he’ll sign it into law …

Boston Area Expects a Flood of Claims After Record Winter

After the Big Dig-out, it’s time for the Big Payout. Or will it be the Big Denial? New England’s epic winter is on pace to produce a corresponding number of claims as thousands of homeowners seek to repair damage. Successive …

Ex-Pilot’s Suit Says JetBlue Should Have Known He Was Unfit to Fly

A former JetBlue Airways Corp. pilot whose midair meltdown forced an emergency landing of a 2012 flight on Friday sued the carrier for $14.9 million, saying it should have grounded him because it knew he was incapable of flying. Clayton …

Federal Reserve Mulling Insurers’ Proposal for Capital Standards

The U.S. Federal Reserve is considering a proposal from life insurers that could delay the implementation of a costly nationwide capital framework for the $1 trillion industry, according to records of a recent meeting between the two sides seen by …

Obama Gets Chemical Safety Board Chief to Resign

The head of a U.S. industrial oversight agency who was dogged by congressional criticism has resigned at President Barack Obama’s request, the White House said. U.S. Chemical Safety Board Chairman Rafael Moure-Eraso stepped down on Thursday, a week after a …

NYC Mayor: Someone May Have ‘Inappropriately’ Tapped Gas Line

Someone may have improperly tapped a gas line before an explosion that leveled three apartment buildings and injured nearly two dozen people, New York City Mayor Bill de Blasio said on Friday, March 27, as firefighters soaked the still-smoldering buildings …

Massachusetts Governor Asks for Snow Disaster Declaration

Massachusetts Gov. Charlie Baker formally asked the federal government on Friday, March 27, to declare a disaster in 10 Massachusetts counties after a relentless series of winter storms brought record snowfall and frigid temperatures, causing 25 deaths and costing the …

Pennsylvania Workers’ Comp Rate to Decline for 4th Year

The cost of workers’ compensation insurance is declining for the fourth consecutive year in Pennsylvania. The state departments of Insurance and Labor & Industry said on Friday, March 27, that overall rates will decline by 5.99 percent while benefits for …

Mass. AG Asks DOI to Reject Proposed Fee Increase for MAIP Policies

Massachusetts Attorney General Maura Healey’s office sent a letter to the state’s Division of Insurance (DOI) this week, urging regulators to reject the proposed fee hike in the Massachusetts Automobile Insurance Plan (MAIP), the state’s private passenger auto insurance market …