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

Uber Halts Road Tests After Autonomous Car Hits, Kills Pedestrian in Arizona

Uber Technologies Inc. halted autonomous vehicle tests after one of its cars struck and killed a woman in Tempe, Arizona, in what is likely the first pedestrian fatality involving the technology. The woman was crossing the road outside of a …

UK Government, Regulators to Examine Potential Risks from Cryptocurrencies

Britain’s government and regulators will look in detail at the potential risks from cryptocurrencies like bitcoin, British junior finance minister John Glen said on Monday. Glen said there had been an “explosion of growth” in crypto assets like bitcoin, which …

Title Insurer Amrock’s Lawsuit Backfires to Tune of $706M

An affiliate of mortgage-lending firm Quicken Loans Inc. filed a fraud suit to back out of a software deal with a housing data-analytics firm, serving the complaint at a trade show in front of the startup’s customers and calling the …

State Commissioners Assist Puerto Rico Insurance Department

The National Association of Insurance Commissioners (NAIC) says that since January, 10 state insurance departments have sent more than 20 regulators and NAIC has sent staff to support the office of Puerto Rico’s insurance commissioner. Puerto Rico has been recovering …

Spinner Joins Creative Risk Solutions in Des Moines

John Spinner as joined the Creative Risk Solutions (CRS) team as an assistant vice president in Des Moines, Iowa. CRS is a subsidiary of Holmes Murphy & Associates. Spinner will lead the client services team at CRS, where he will …

FAA Grounds ‘Doors-Off’ Helicopter Tours After New York Crash

Federal aviation regulators are grounding “doors-off” helicopter tour flights in which passengers are tethered to the aircraft as a result of the March 11 crash in New York that killed five people. The Federal Aviation Administration is taking immediate actions …

Jury Awards $33.5M to Parents of California Man Killed by Deputy

A federal court jury has awarded $33.5 million in damages to the parents of a man who was fatally shot by a Southern California sheriff’s deputy in November 2015. The jury found that the San Bernardino County deputy unreasonably detained …

Why Storm-Prone States Continue to Balk at Tough Building Codes

The showdown in the Florida statehouse last year had all the drama of a knock-down political brawl: Powerful industries clashing. Warnings of death and destruction. And a surprise last-minute vote, delivering a sweeping reform bill to the governor’s desk. The …

California Couple to Get $2.5M After Called Abduction a Hoax

A couple has reached a $2.5 million settlement with a Northern California city and its police department after investigators dismissed her bizarre kidnapping as a hoax. Police in the city of Vallejo initially discounted a report by Denise Huskins and …

12 Arizona Counties Re-Designated Natural Disaster Areas

The U.S. Department of Agriculture announced the re-designation of 12 Arizona counties as primary natural disaster areas due to losses and damages caused by recent drought. The Mohave Valley Daily News reported farmers in eligible counties have eight months to …