Monthly Archives: <span>July 2017</span>

4 People Charged in Connection With String of Mississippi Auto Burglaries

Authorities say four people in Mississippi have been charged in connection with several auto burglaries that took place over a five-hour period. Jackson County Sheriff Mike Ezell said in a press release that there were 11 burglaries reported in D’Iberville …

SEC Commissioner Blasts Labor Department’s Fiduciary Rule

A Republican regulator at the U.S. Securities and Exchange Commission urged the Labor Department on Tuesday to scrap its fiduciary rule, which aims to reduce conflicts of interest when brokers offer retirement advice, saying it was misguided. In a comment …

Investors in Giant Rabbit That Died Inflight Sue United Airlines

The owners of a giant rabbit named Simon who died on a United Airlines flight while bound for the Iowa State Fair sued the carrier on Monday, claiming its employees were responsible for the hare’s death. The lawsuit was filed …

Trump Labor Department Moves to Undo Obama Overtime Rule

The Trump administration on Tuesday pushed forward with its bid to undo an Obama administration rule to extend mandatory overtime pay to 4.2 million workers and said it was considering treating workers differently based on location and industry. The rule, …

U.S. Transportation Safety Board Calls for More Traffic Cameras

A U.S. safety watchdog called for broader use of traffic cameras to catch speeding drivers, as it said driving too fast is an under-reported cause of traffic fatalities. Inconsistent reporting by law enforcement causes the factor to go under-reported, according …

Private Insurers Cautiously Dip Toes Into Florida Flood Market Waters

Florida’s efforts in establishing a private flood insurance market have been hailed as a model by many other states looking to buff up their flood insurance offerings, as well as the National Flood Insurance Program (NFIP) to follow as lawmakers …

1 Person Killed by Weekend Flooding in West Virginia, Kentucky

Heavy rains that pounded parts of West Virginia and Kentucky last weekend left one person dead and two people missing, authorities said Monday. In West Virginia, Ohio County Emergency Management Agency Director Lou Vargo said a van on Sunday rolled …

Texas Bill Allows More Flexibility in Employee Health Benefit Plans

Small employers in Texas may now get some flexibility in selecting and retaining the health benefit plan of their choosing for their employees following the passage of a bill in the regular session of the Texas Legislature. In late May …

ProSight Specialty Launches All-lines Marine Contractors Insurance Program

ProSight Specialty Insurance has launched its Longshore+ Marine Contractors program, with the goal of unifying all lines of marine insurance under a single carrier. The package offering provides the following coverages: Marine General Liability Workers Compensation and USL&H Contractor’s Equipment …

Chubb Net Income Up 79% in Q2; P/C Combined Ratio at 88

Chubb Limited reported net income for the second quarter ended June 30 of $1,305 million compared with $726 million for the same quarter last year‚ a 79 percent increase. Operating income was $1,180 million compared with $1,058 million for the …