March 22, 2018
A Tennessee insurance agency operator has been fined $187,000 in civil penalties and had his producer’s licensed revoked for defrauding clients, according to the Tennessee Department of Commerce & Insurance (TDCI). The disciplinary actions were the latest moves taken to …
March 22, 2018
With violent weather plowing through the Southeast, the kitchen windows exploded at Richard Brasher’s home in eastern Alabama. Using couch cushions for protection, Brasher hid in the bathtub with his wife, daughter and two grandchildren as the storm passed near …
March 22, 2018
Chubb has launched new insurance coverage addressing property and casualty exposures for small life sciences companies. According to Jim Williamson, division president, Small Commercial Insurance, Chubb North America, small life sciences firms are vulnerable to a range of property and …
March 22, 2018
A man exonerated of murder has reached a $7.5 million settlement with a Kentucky city he had sued for wrongful arrest and imprisonment. Attorneys for Kerry Porter, who spent 11 years in prison after being wrongfully convicted in the 1996 …
March 21, 2018
Orbitz, a subsidiary of online travel agency Expedia Inc, said on Tuesday that hackers may have accessed personal information from about 880,000 payment cards. The unit said an investigation showed that the breach may have occurred between Jan. 1, 2016 …
March 21, 2018
Willis Towers Watson announced two senior appointments within its Corporate Risk and Broking (CRB) segment to strengthen its health care platform. Sue Chmieleski has been appointed health care industry leader, North America, CRB, where she will be responsible for strategy …
March 21, 2018
Severe storms that spawned tornadoes damaged homes and downed trees as they moved across the Southeast on Monday night. Forecasters warned that the storms could threaten more than 29 million people, raising the risk of powerful tornadoes, damaging winds and …
March 21, 2018
A federally funded study focusing on two Arkansas cities will serve as an outline for statewide efforts to reduce pedestrian deaths. Two metropolitan planning organizations in Jonesboro and Little Rock are sharing a $100,000 grant from the Federal Highway Administration …
March 21, 2018
A.M. Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of workers’ compensation insurer, Stonetrust Commercial Insurance Co. (Stonetrust), headquartered in Baton Rouge, …
March 21, 2018
The North Dakota Supreme Court has upheld a $500,000 cap on damages in a 2015 fatal school bus-train crash near Larimore. The bus driver and a student died when the Larimore school bus with 13 students collided with a BNSF …