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

Despite Low Unemployment Rates, Many Oklahoma Residents Without a Job

Many Oklahoma residents are out of the workforce despite the state’s low unemployment rates. The Tulsa World reports that about 25 percent of state residents between ages 25 and 54 don’t have a job. Shelley Cadamy is the executive director …

FEMA Statement on Texas Toxic Sites Clarified by EPA

The Environmental Protection Agency said on Sept. 24 it has recovered 517 containers filled with unidentified, potentially hazardous material found floating in or washed up along Texas waterways after the devastating floods from Hurricane Harvey receded. The agency’s statement sought …

Evacuations Ordered on North Carolina Outer Banks for Hurricane Maria

An evacuation was underway Tuesday on an island on North Carolina’s Outer Banks as Hurricane Maria moved north. The Hyde County Sheriff’s office said the evacuation began at 5 a.m. Monday on Ocracoke Island. It wasn’t immediately clear how many …

UK SMEs Face BI Coverage Gaps After Terrorist Events: Pool Re Report

Many terrorism insurance policies are triggered when there is physical damage to a property. As a result, commercial insurance buyers may find that they are unprotected against business interruption losses if there is minimal or no damage to their properties …

Ironshore’s New Iron-Excess MGA Is Based on Iron-Starr Excess Agency Model

Using a Bermuda joint venture between Ironshore and C.V. Starr & Co. as a model, Ironshore announced the launch of Iron-Excess on Monday. Ironshore, a Liberty Mutual company, describes Iron-Excess as an expansion of the Iron-Starr Excess underwriting agency business …

Fire in Utah City Isn’t Expected to Drive up Insurance Rates

Insurance rates aren’t expected to go up in Ogden neighborhood where a wildfire destroyed three homes and caused the evacuations of hundreds. But authorities are warning the residents to be on high alert for landslides because the land is now …

Damage From Rare Utah Tornado Still Being Felt a Year Later

Damage from a rare tornado that ripped through a Utah county a year ago still lingers in the homes and minds of people who live in its path. The twister gutted 12 homes and damaged dozens more in Weber County, …

California Worker’s Family Gets $1.8M Settlement

The family of a California man who was killed when a bridge he was working on collapsed has received a $1.8 million settlement. The Press-Enterprise reported an investigation by the California Division of Occupational Safety and Health found fault with …

S&P Says Latest Republican Health Plan’s Flexibility for States Comes at Cost to Economy

A report by Standard & Poor’s Global Ratings said on Monday that the Senate Republicans’ latest proposed healthcare bill designed to replace Obamacare would lead to less federal funding and more flexibility for states but would cost the economy and …

Ex-Water Corporation Boss in New Jersey Gets 8 Years for $1M Fraud

The former head of a not-for-profit corporation formed to oversee the water services for Newark, N.J., was sentenced on Friday to more than eight years in prison for accepting nearly $1 million in kickbacks. Linda Watkins Brashear pleaded guilty in …