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

XL Catlin Introduces Brexit Continuity Clause to Address Risk of Loss of EU Passporting

XL Catlin’s London-based insurance operation has introduced a Brexit contract continuity clause. The clause addresses the risk that contracts written by XL’s London-based entities prior to Brexit may become impermissible if passporting rights are lost as a consequence of the …

Texas Moves to Liquidate Non-Standard Auto Insurer, Access

Texas insurance regulators placed into receivership and started the process of liquidating a Texas-domiciled/Atlanta, Georgia-headquartered property/casualty insurance company that the insurance department says is insolvent. Access Insurance Co. is primarily a provider of non-standard auto insurance and is licensed in …

Credit Insurers Stopped Backing Toys ‘R’ Us a Year Ago

When Toys ‘R’ Us secured a $3.1 billion bankruptcy loan in September, toy makers were reassured they would be paid for goods delivered to the company as it tried to emerge from Chapter 11. Now those payments are at risk …

Tennessee Reports 60% Increase in DUIs at College Campuses

The Tennessee Bureau of Investigation says reported DUI offenses on college campuses in the state have increased by more than 60 percent. The TBI said in a Thursday statement that its annual crime study detailing the volume and nature of …

Florida DOT Missed Voicemail About Miami Bridge Crack Before Collapse

An engineer left a voicemail two days before a catastrophic bridge failure in Miami to say some cracking had been found at one end of the concrete span, but the voicemail wasn’t picked up until after the collapse, Florida Department …

North Carolina Insurance Department Expands Fraud Division, Adds 15 Agents

The North Carolina Department of Insurance has expanded its criminal investigations division with the addition of 15 new special agents, according to a statement from North Carolina Insurance Commissioner Mike Causey. Causey said the expansion to nearly double the size …

Barred Video Leads Texas High Court to Toss Finding in Workers’ Comp Suit

Disagreeing with the decision of a lower court to exclude, without having watched it, a company’s surveillance video of an injured employee in a workers’ compensation case, the Texas Supreme Court reversed the ruling favoring the injured worker and remanded …

Oklahoma County to Pay $6M in Suit Over Killing of Unarmed Black Man

An Oklahoma county will pay $6 million to settle a federal civil rights lawsuit filed by the family of an unarmed black man who was fatally shot by a white former sheriff’s reserve deputy, according to court documents filed on …

People

Nicholas “Nick” Lorusso has been appointed chief deputy of the Louisiana Department of Insurance (LDI) and Denise Dunckel has been named deputy commissioner of Public Affairs. Lorusso will manage LDI operations and serve as liaison on legislative issues. Lorusso is …

Pennsylvania Can Be Held Liable for Injuries Caused by Guardrail in Crash

The Pennsylvania Supreme Court has ruled that the state’s department of transportation (PennDOT) can be held liable for injuries caused by an allegedly dangerous guardrail on a Pennsylvania highway. The court found that under the state’s Sovereign Immunity Act, exemptions …