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

Nebraska Man Sues Oklahoma Pipeline Company Over Fatal 2016 Leak

A Tekamah, Nebraska, man is suing an Oklahoma pipeline company, which he accused of failing to properly repair an anhydrous ammonia pipeline, causing a deadly leak in 2016. The Omaha World-Herald reports that Steven Chace filed the lawsuit against Magellan …

Everest Insurance Adds Barge to Central Region Team in Houston

Everest Re Group Ltd. announced today that Sonya Barge has joined the Everest Insurance central region Marketing and Distribution team based in Houston. Barge will be responsible for strengthening client and trading partner relationships in the central region, particularly with …

What Cyber Insurance Industry Learned from 2017 Hacks

The NotPetya, WannaCry and Equifax hacks of last year were evidence that the U.S. insurance industry has been ill-prepared to handle a large cyber attack and needs to up its game. However, as a consequence of the attacks in 2017, …

Commercial Insurance Prices Were Up Only Slightly in Q4

Prices for overall commercial insurance lines in the U.S. inched upward in the fourth quarter of 2017, although workers’ compensation and directors and officers liability prices actually declined and commercial auto price increases approached double digits. According to global broker …

Yahoo to Face Lawsuit Over Breach of 3 Billion Users’ Data

Yahoo has been ordered by a federal judge to face much of a lawsuit in the United States claiming that the personal information of all 3 billion users was compromised in a series of data breaches. In a decision on …

Maximum Taps Smid to Lead Florida Professional Lines Practice Expansion

Maximum, an independent, Chicago-based excess and surplus lines wholesaler, is expanding its professional lines practice with the addition of a Tampa, Fla. office. Gary Smid has been hired to fill a production role, tasked with building a stronger Maximum presence …

Residents of Mississippi City Threaten to Sue Over Flooding

Some residents are threatening to sue a Mississippi Delta town following recent flooding, saying the town failed to maintain its drains. The Delta Democrat-Times reports that Ashley Harris, a lawyer, says she’s representing more than 15 Leland residents. She wrote …

Fraud, Lawsuit Abuse Earns Florida No. 1 Spot on ‘Judicial Hellhole’ List

Florida’s number one Judicial Hellhole ranking for 2017 from the American Tort Reform Foundation (ATRF) is unlikely to be an achievement the state will celebrate any time soon. Quite the opposite, according to business groups like the Florida Chamber of …

Texas Accepting Input on Amendments to Agent Licensing Rules

The Texas Department of Insurance (TDI) published proposed updates to Chapter 19 of the Texas Administrative Code, regarding agent and adjuster licensing and continuing education requirements on March 9 and is accepting written comments on the proposals. If adopted, Chapter …

Missouri House Passes Bill Aimed at Limiting Asbestos Lawsuit Awards

The Missouri House has passed legislation to change the rules for lawsuits over asbestos exposure, an effort praised by supporters as a way to stop plaintiffs from being overcompensated but criticized by others as limiting access to justice for those …