Monthly Archives: <span>January 2018</span>

Winter Storm in Southeast Leads to Icy Roads, Hundreds of Wrecks

James A. Jones saw enough cars stranded along the icy highway to know it was time to pull over as a winter storm blasted parts of Tennessee and Kentucky with sleet, freezing rain and snow Friday. Jones counted 25 cars …

Former Head of Louisiana State Police Commission Files Retaliation Suit

The former executive director of the State Police Commission is suing, claiming she was retaliated against for challenging Louisiana State Police brass and calling attention to a string of illegal campaign contributions made by commission members. Cathy Derbonne, who served …

Oklahoma Says Farmowners Insurance Program Insurer, Rockingham, Not Licensed

The Oklahoma Insurance Department says a farmowners insurance program being advertised in Oklahoma is not valid because the insurer, Rockingham Casualty Company, is not licensed to operate in the state. In early January, Rockingham Casualty and Edmond, Oklahoma-based FarmAssure LLC …

Corporation Pays Maximum Fine in Wisconsin Asbestos Exposure Case

Authorities say the corporate owner of a former Wisconsin factory accused of ordering workers to remove insulation that contained asbestos has paid the maximum fine under terms of a plea agreement. The incident happened six years ago at Grede foundry …

NTSB: Broken Wheel Caused 2015 Oil Train Wreck in North Dakota

Federal investigators believe a broken wheel caused a May 2015 oil train derailment that prompted the evacuation of Heimdal, North Dakota. The National Transportation Safety Board says investigators found a mark on the track indicating a broken wheel that caused …

North Dakota Livestock Producers Say Trucking Mandate Will Cost Them

A federal mandate requiring many motor carriers to install electronic logging devices could cost be costly to North Dakota’s cattle industry. Warren Zenker, who runs a cattle feeding operation near Elgin, told the Bismarck Tribune that electronic logging devices could …

AGCS Names Vissing to Succeed Henson as Head of Claims, Regional Unit London

Allianz Global Corporate & Specialty (AGCS), Allianz Group’s specialist corporate insurer, has appointed Lars Vissing as Regional Unit London (RUL), head of Claims, starting in February 2018. Vissing succeeds Martin Henson who retires after nearly 20 years with Allianz. Based …

Commercial lines deregulation is having a moment

Insurance long has had a reputation as one of the most conservative industries and that reputation is, in many ways, an earned one. Certainly in comparison to their financial services cousins in banking and securities, insurance company operations on both …

Former California Hospital Owner Sentenced in $600M Workers’ Comp Scheme

The former owner of Pacific Hospital in Long Beach was sentenced to federal prison on Friday for running a $600 million workers compensation fraud scheme. Michael Drobot, 73, was sentenced Friday to 63 months in prison and fined $500,000. Earlier …

Panic Gripped Hawaii After False Missile Alert

The second recent blunder in Hawaii’s planning for a possible North Korean nuclear attack left islanders shaken after an emergency alert warning of an imminent strike sounded on hundreds of thousands of cellphones. For nearly 40 minutes people waited. Then …