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

Wildfires Cost Montana $240M in Tourist Spending

A new report says summer fires cost the state of Montana $240 million in visitor spending. The report by the University of Montana’s Institute for Tourism and Recreational Research estimates that tourists spent almost $3.3 billion in Montana this year, …

Suit Targets Oregon Hotel, Backpage.com Following Woman’s Killing

The estate of a woman has filed a $3.6 million lawsuit against Backpage.com and the owners of the Portland, Ore., hotel where she was killed by a man she’d met for sex. The suit says 25-year-old Ashley Benson had been …

Prosecutors Can Try to Reinstate Charges in 2015 Amtrak Wreck in Pennsylvania

The fight to reinstate criminal charges against the engineer in a deadly 2015 Amtrak derailment in Philadelphia will carry over into 2018. A judge told prosecutors she will review Brandon Bostian’s case, and she set a hearing for February where …

ArcelorMittal Subsidiary to Pay $1.5M in Pennsylvania Coke Plant Lawsuit

A subsidiary of European steel giant ArcelorMittal has agreed to pay $1.5 million to settle a lawsuit over allegations its western Pennsylvania coke plant violated emissions requirements over soot and other pollutants almost daily, according to a proposed agreement filed …

A.M. Best Upgrades Pennsylvania’s Farmers Mutual Fire Insurance

A.M. Best has upgraded the Financial Strength Rating of Farmers Mutual Fire Insurance Company of Marble, Penn., to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” from “a-“. The outlooks of these credit ratings have …

IICF Northeast Division Raises Over $1.2M at 11th Annual New York Benefit Gala

The Northeast Division of the Insurance Industry Charitable Foundation (IICF), a nonprofit organization working with the insurance industry to help communities, raised more than $1.2 million at its annual charitable gala on Dec. 13 in New York City. The money …

N.Y. Finalizes Regulation to Protect Drivers from Unfair Auto Insurance Rates

The New York Department of Financial Services (DFS) has finalized a regulation that protects New York drivers from unfairly discriminatory auto insurance rates and has already reached agreements with two major insurers regarding the regulation. Liberty Mutual and Allstate have …

People

Rogers & Gray Insurance, a South Dennis, Mass.-headquartered insurance agency, has hired Erin Schaaf as the company’s new chief operating officer. Schaaf brings nearly three decades of experience in the insurance industry to the position. Most recently, she served at …

New Law Requires Notice of Workers’ Comp Premium Hikes in New York

New York Governor Andrew M. Cuomo has signed Assembly Bill No. 1620 into law, requiring insurance companies to notify employers in advance of some workers’ compensation insurance premium increases. The law was written by Big I New York, the state’s …

Startups Selected for Inaugural InsurTech Acceleration Program in Hartford

Hartford InsurTech Hub, an initiative established in 2017 by Hartford, Conn.-based insurance companies, the city of Hartford and CTNext, has selected the 2018 group of 11 startups that will participate in its inaugural acceleration program, The InsurTech Accelerator. Hartford InsurTech …