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

Epic Winter Storm Brings Car Wrecks, Broken Water Mains, Power Outages to Southeast

A brutal winter storm smacked the coastal Southeast with a rare blast of snow and ice Wednesday, hitting parts of Florida, Georgia and South Carolina with their heaviest snowfall in nearly three decades. The same system then strengthened into a …

San Francisco Bay Area M4.4 Quake Felt, But No Damage Reported

San Francisco Bay Area residents were shaken out of their slumber by a magnitude 4.4 earthquake that was felt over a wide area but caused no major damage on Thursday. The quake struck at 2:39 a.m. about 2 miles from …

California Commissioner Condemns Session’s Move Against Legal Pot

California Insurance Commissioner Dave Jones is not happy with U.S. Attorney General Sessions’ recent marijuana enforcement memo rescinding Obama administration guidance that enabled states to legalize marijuana without federal intervention. Recreational marijuana became legal for adults in California on Jan. …

Idaho Ban on Secret Farm Videos Voided by Court

A federal appeals court has declared unconstitutional Idaho’s bans on shooting secret videos and lying to enter factory farms to expose animal abuse, but revived other parts of the state’s law to curb undercover probes into the practice. The decision …

Generali Ads Two Executives to Travel Insurance Division in California

Generali Global Assistance has named James Sion as chief operating officer and Mark Taber as the chief insurance officer in its travel insurance division. Sion will head all operations and strategies of the division and will be located in San …

NTSB: Speed Control Could Have Prevented Washington Amtrak Crash

The derailment of an Amtrak passenger train in Washington state last month that killed three people may have been prevented if a railway crash-avoidance technology mandated by Congress had been activated, according to the National Transportation Safety Board. Positive Train …

Willis Towers Watson Appoints Pennington as Large Account Leader

Insurance advisor and broker Willis Towers Watson has named Louise Pennington as large account leader for its Corporate Risk and Broking segment. In this newly created role, Pennington will be responsible for large account growth strategy, focusing on Fortune 1000 …

Partner Re’s Walker Retires; Goldie Named CEO of P/C; Clarke Heads Specialty Lines with Haft

Bermuda’s PartnerRe Ltd. announced that Charles Goldie, formerly CEO of Specialty Lines, has been appointed CEO of Property & Casualty, following the retirement of Tad Walker who previously filled that role. Goldie has headed up PartnerRe’s Specialty Lines business since …

Catastrophe Bond Issuance Tops New Record of $10.5B in 2017: Verisk Report

Catastrophe bond issuance surpassed $10.5 billion in 2017 – a new record, according to the latest report from the Property Claims Services Unit of Verisk Insurance Solutions. Results from 2017 are significantly higher than the last record – 2014’s $7.8 …

Massachusetts Bans Opioids from Courtrooms Over Exposure Fears

Massachusetts is banning some powerful opioids from courtrooms, because state court officials are worried people could be sickened by the drugs. The new policy was outlined in a memo to Massachusetts trial court officials on Tuesday. It goes into effect …