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

7 Cars Burned in Lot Near Stadium During Detroit Tigers Game

A fire at a parking lot near Comerica Park that started during a Detroit Tigers game has destroyed seven vehicles while sending dark smoke billowing into the sky. The Detroit Free Press reports that the fire started around 3:30 p.m. …

New York’s Utica First to Withdraw From WYO Flood Insurance Program

Utica First Insurance Company in Oriskany, New York, notified its independent agency partners last week that the company will withdraw from the Write Your Own (WYO) Program, a cooperative undertaking of the insurance industry and the Federal Emergency Management Agency’s …

California Judge Orders Kaiser to Broaden Reconstructive Surgery Coverage

A California judge has ruled that Kaiser Permanente cannot systematically classify removal of excess skin following bariatric weight loss surgery as a cosmetic procedure after a trial in a class action case. The trial began in March. The judge did …

New Mexico Police Use Software to Stop Distracted Driving

Farmington police may be the first in New Mexico to crack down on distracted officers who try to use a patrol computer while driving. New software to prevent distracted driving has been installed in most of the department’s vehicles in …

15 Montana Counties Offered Federal Disaster Aid

Ranchers in 15 Montana counties can start getting federal aid to recover losses from this year’s drought. Bruce Nelson of the Montana Farm Service Agency says the ranches affected by the drought are now eligible for the 2015 Livestock Forage …

California Storms Collapse Bridge, Snarling Traffic

All traffic along a major freeway connecting California and Arizona was blocked indefinitely when a bridge over a desert wash collapsed during heavy rain, and the roadway in the opposite direction suffered severe damage, authorities said. The collapse Sunday of …

Hiscox USA Names Goodwin to Chief Underwriter Post

Specialty insurer Hiscox has appointed of Nicole Goodwin as chief underwriting officer for Hiscox USA. She will be based in New York City and replaces Gary Head, who will return to Hiscox’s London office to take on the newly-created role …

Abercrombie Settles Religious Discrimination Case After Supreme Court Ruling

Following a Supreme Court ruling in June against it, clothing retailer Abercrombie & Fitch’s has settled a religious discrimination case over its refusing to hire a Muslim woman who insisted on wearing a headscarf that the clothing retailer said violated …

How P/C Insurance Industry Fared in First Quarter

The U.S. property/casualty insurance industry managed to improve its underwriting results and attain higher net investment income to produce a 12.9 percent increase in pre-tax operating income in the first quarter of 2015 over the prior-year first quarter. Higher realized …

Update: PartnerRe Reverses Stance, Seeks Talks with Hostile Bidder EXOR

PartnerRe Ltd., the reinsurer that agreed to merge with AXIS Capital Holdings Ltd., said it will enter negotiations with hostile bidder EXOR SpA after the Italian company’s latest cash offer for more than $6.7 billion. “The PartnerRe board has determined …