March 9, 2015
Drivers in Florida can’t be prosecuted for leaving the scene of an accident unless there is proof they knew they were in a crash. The Florida Supreme Court unanimously agreed with a lower court’s decision to throw out the conviction …
March 9, 2015
The agency responsible for managing the federal flood insurance program has made progress in carrying out key changes mandated by Congress in two recent laws but lacks resources and data to completely implement others, a government report says. For instance, …
March 9, 2015
USI Insurance Services has added Randy Deskins to the USI MidSouth region as its bond manager. Based in the USI Louisville, Ky., office, Deskins will be responsible for managing the service delivery of surety clients and surety carrier relationships throughout …
March 8, 2015
BP has abruptly switched legal strategies—again—in the multi-billion-dollar liability fight stemming from the April 2010 Gulf of Mexico oil spill. The company dropped a campaign to oust a settlement administrator it had accused of tolerating waste and fraud. The move …
March 6, 2015
Thousands of drones flown without government approval by real estate companies, movie studios and other businesses are getting coverage by insurers writing their own safety rules to fill a void left by regulators. One insurance broker in Colorado has already …
March 6, 2015
National Lloyds Corp., a Waco-based insurance holding company, announced its best yearly earnings in the company’s history with $25.7 million of pre-tax income. Over the past several years, storm activity in Texas and Oklahoma had increased homeowners damage claims and …
March 6, 2015
Federal health officials say that the manufacturer of a medical instrument at the center of a recent “superbug” outbreak in Los Angeles did not receive federal clearance to sell the device. The Food and Drug Administration has confirmed that Olympus …
March 6, 2015
The New Hampshire Insurance Department recently issued a bulletin on permissible forms of insurance producer compensation. “We had received inquiries from producers and wanted to provide helpful guidance for them,” a New Hampshire Insurance Department spokesperson said of the bulletin. …
March 6, 2015
A second Los Angeles hospital is reporting that patients have been infected with an antibiotic-resistant “superbug” linked to a type of widely used medical scope. The latest cases came at Cedars-Sinai Medical Center, where the four patients were infected with …
March 6, 2015
The Texas Senate has approved the first bill of the legislative session, with speedy passage of a plan to shift billions of dollars generated by vehicle sales taxes to building and maintaining roads strained by the state’s booming population. The …