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

Vermont Law Tightens Regulation for Consumer Litigation Funding Companies

A new Vermont law introduces changes to the legal requirements for consumer litigation funding companies in the state. These companies will now need to get licensed and post a surety bond in order to operate legally. Vermont House Bill 84, …

Safety Inspections of Thrill Rides Vary by State

In some parts of the U.S., the thrill rides that hurl kids upside down, whirl them around or send them shooting down slides are checked out by state inspectors before customers climb on. But in other places, they are not …

U.K. Lawmakers Call for Ban on Plastic Microbeads, Citing Dangers to Food Chain

U.K. lawmakers called for a ban on plastic microbeads used in products such as shaving gel, exfoliating scrubs and toothpaste, saying they are harming marine life and entering the food chain. In a report published Wednesday, the House of Commons …

Update: Deadly Quake Hits Central Italy; Death Toll Continues to Rise

A powerful earthquake hit central Italy in the middle of the night, killing at least 120 people, in the latest challenge to Italian Prime Minister Matteo Renzi as he tries to speed up the country’s economy and overhaul its political …

Report: Thousands of South Carolina Flood Victims Still Need Help

Thousands of people in South Carolina still need home repairs, while the state has submitted a plan for using almost $100 million in federal housing aid almost a year after historic rains inundated the state. The state is now also …

Cause of 27-Car Pileup in Georgia Under Investigation

Georgia officials are investigating the cause of an accident on Interstate 75 in Bartow County that involved nearly 30 vehicles and sent several people to the hospital with minor injuries. The Georgia Department of Transportation tells news agencies that 27 …

Lesbian Sues New Jersey Catholic School Claiming Discrimination Over Firing

A woman is suing a Roman Catholic school in New Jersey, alleging the school violated the state’s discrimination law when she was fired because she’s married to a woman. But Christopher Westrick, an attorney for Paramus Catholic High School, its …

Venture Capital, Traditional Insurer Interest in Insurtech Remains High

Even though venture capital investments in venture capital-backed financial technology (fintech) companies fell more than 50 percent globally during the second quarter of 2016, interest in insurance technology startups (insurtech) continues to pick up steam, a new report reveals. According …

EPIC adds Williford to National Energy Construction Practice in Alabama

EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, has added risk management and insurance professional Jim Williford to the firm’s National Energy Construction Practice as a Business Development manager. Williford will be based …

WSJ: AIG May Sell Shares in Lloyd’s Unit Ascot to Canadian Pension Board

American International Group Inc. is in early talks to sell its minority stake in the Lloyd’s of London syndicate manager Ascot Underwriting Holdings Ltd. to Canada Pension Plan Investment Board (CPPIB), the Wall Street Journal reported on Tuesday. If the …