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

Typhoon Sarika Hits Philippines, Killing at Least 2 People, Displacing Thousands

Typhoon Sarika made landfall in eastern Philippines on Sunday after leaving at least two people dead a day earlier, thousands of villagers displaced and hundreds of planes grounded. Locally named Karen, the typhoon weakened after hitting the town of Baler, …

Lloyd’s Names Revilla as Head of Latin America

Lloyd’s has appointed Daniel Revilla as head of Latin America responsible for enhancing business relationships and trading rights across the region for the benefit of the Lloyd’s market. He will also assume the role of country manager for Mexico and …

Arkansas Court: Voters to Decide Medical Marijuana Plan

Voters will have their say on at least one medical marijuana proposal this November, the Arkansas Supreme Court ruled on Oct. 13. Justices sided with supporters of a proposed constitutional amendment that would allow patients with certain medical conditions to …

10 Takeaways from the Future of Insurance and InsureTech Connect Conference

You’ve probably heard. There is tremendous investor interest right now in technology-first insurance startups, or insurtech firms. The first InsureTech Connect Conference in Las Vegas in early October attracted an estimated 1,500 tech entrepreneurs, investors and insurance executives from around …

Citing Shield Law, Judge Dismisses Sandy Hook Families’ Suit Against Gun Manufacturer

A Connecticut judge threw out a lawsuit by families of victims of the 2012 Sandy Hook school shooting, a major victory for the gun industry and in particular Remington Arms Co., maker of the assault weapon used in the massacre …

Setback in Zika Fight: Virus Found in New Miami Neighborhood

Health officials announced Thursday a new Zika zone in Miami – a setback less than a month after declaring the nearby Wynwood neighborhood cleared of the virus following aggressive mosquito spraying. Five people have been infected with Zika in a …

Floods from Matthew in Eastern North Carolina Called ‘Worse than Floyd’

Standing on the banks of the Neuse River this week, watching water creep ever-closer to the bottom of the King Street Bridge, crowds of people continually compared what was happening to what Hurricane Floyd wrought here 17 years ago. Friday …

Take1 Insurance Launches Terrorism, Crisis Coverage for Special Events

Take1 Insurance has introduced Take1 Combined Crisis Cover insurance protection for the live and special event industry. The coverage provides immediate coverage of up to $1 million annually in the event of, or threat of, malicious acts including terrorism and …

Hurricane Matthew Devastates Georgia Pecan, Cotton Crops

Georgia’s top agriculture official says Hurricane Matthew hit the state’s pecan and cotton farmers hard. Georgia Commissioner of Agriculture Gary Black says he toured farms in three counties this week following the storm that raked Georgia’s coast last weekend. Black …

FEMA Questions Mississippi City’s Spending of 2014 Tornado Recovery Grant

A division of the federal government says the city of Louisville, Miss., should repay a $25.4 million grant awarded for recovery from a 2014 tornado. However, state Auditor Stacey Pickering said he is working with federal and local officials to …