Monthly Archives: <span>July 2016</span>

Climate Change Modeling is Closer than You Think

For the last few years you got a common response from catastrophe modelers who advise the property/casualty industry when asked about including the effects of climate change in modeling. It went something like: “The industry isn’t interested in what the …

Texas Regulators: Houston Attorney Pleads Guilty to Insurance Fraud

Texas officials say a Houston attorney has pleaded guilty at the conclusion of a multi-year investigation into a criminal organization that set up fake auto accidents and medical bills. Investigators with the Texas Department of Insurance, the Texas Department of …

Peabody Reaches Coal Mine Cleanup Deal with 3 U.S. States

Peabody Energy Corp., the largest U.S. coal producer, reached a deal to cover mine clean-up liabilities while in bankruptcy with three U.S. states, court documents showed on Tuesday. Peabody has benefited from a federal program known as self-bonding that allows …

Coast Guard: Abandoned Pipe Leaked Oil Along Southeast Louisiana Coast

Cleanup was underway on July 26 on an oil spill caused by a leak from an abandoned pipeline in southeast Louisiana waters. The U.S. Coast Guard says the leak happened in an abandoned pipeline near marshland along Lake Grand Ecaille. …

Worker Buried in Minnesota Trench Collapse Dies

Officials say one of two construction workers injured in a trench collapse in Minnetonka, Minn., has died. The Hennepin County medical examiner’s office says 48-year-old Jimmy Scott Klous of Onamia died late Monday morning in the emergency room of Hennepin …

Nabors Industries, C&J Energy Services Sued for Racial Harassment, Retaliation

Alleged racial harassment and retaliation at a Texas work site has led to lawsuit filed against two oilfield services companies by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. The EEOC says Bermuda-based oilfield services companies Nabors …

Federal Judge Orders St. Louis to Pay $1.5M in False Arrest Case

The city of St. Louis has been ordered to pay nearly $1.5 million in damages to a man falsely arrested 14 years ago. The St. Louis Post-Dispatch reports that the July 26 ruling by a federal judge could end a …

Louisiana State Police Arrest 8 for Insurance Fraud, Staged Accidents

Louisiana State Police say eight people have been arrested in connection with an alleged insurance fraud scheme involving staged traffic crashes in Jefferson Davis Parish. A state police news release says the investigation began earlier this year. It found that …

QBE North America Names Lange Senior VP, Regional Executive for Midwest

QBE North America has appointed Jeff Lange as senior vice president, regional executive – Midwest region. He is based in Chicago. Lange will lead QBE’s go-to-market activities in the 13-state region consisting of Iowa, Illinois, Indiana, Kansas, Kentucky, Michigan, Minnesota, …

California Coal-Divestment Push Mostly about Politics

California voters in 1988 dramatically expanded the power of the state Department of Insurance and turned the insurance commissioner post into an elected position. The Proposition 103 initiative also gave the commissioner unprecedented authority to prescribe which specific factors private …