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

Risk of ‘Chaotic’ No-Deal Brexit Increasing: UK Foreign Minister Hunt

The risk of a no-deal Brexit has been increasing and the European Union commission needs to change its attitude if a deal is to be reached, British foreign minister Jeremy Hunt said on Tuesday. “Everyone needs to prepare for the …

Tower Hill Specialty Expands Into 5 New States, Adds Carrier

Tower Hill Specialty, a managing general agency based in Ohio, has begun offering property insurance policies in Georgia, Indiana, Ohio, Texas and Wisconsin. The company, which offers property insurance for homeowners, niche risks including seasonal and rental homes, fixer-uppers, manufactured …

Opioids Blamed for 11.5% Spike in Kentucky Overdose Deaths Last Year

Drug overdose deaths in Kentucky are increasing despite a drop in opioid prescriptions and heroin use. A new report from the Kentucky Office of Drug Control Policy says 1,565 people died from drug overdoses in 2017. That’s an 11.5 percent …

Exxon Loses Bid to Nix Investors’ Suit Over Climate Change Disclosure

Exxon Mobil Corp. must face a lawsuit by investors who blamed a drop in the company’s shares on the disclosure that regulators were scrutinizing its reserve accounting related to climate change. U.S. District Judge Ed Kinkeade on Tuesday denied Exxon’s …

Extraordinary Re’s Extraordinary Idea for Trading Insurance Risks Like Stocks

Imagine there’s a way for institutional investors to trade insurance risks much like they trade stocks. Well, imagine no more. A new and unique reinsurer, Extraordinary Re, has hit upon the novel idea of creating a trading platform run by …

Mississippi Woman Sues Pepperidge Farm Over Contaminated Goldfish Crackers

A Mississippi woman is making a federal case out of a life-threatening bout with salmonella that she blames on Goldfish crackers. The Clarion Ledger reported Friday that 26-year-old Bailey Finch is accusing Pepperidge Farm and one of its manufacturers of …

Bridge Collapses in Genoa, Italy, with 35 Deaths Reported

A bridge on the main highway running down the Italian Mediterranean coast collapsed in Genoa, with the death toll reported to be 35 people while others were trapped in the rubble. A police video showed the viaduct connecting the A10 …

Newspaper: Sturgis Rally Traffic Deaths Likely Higher Than Official Count

A newspaper says the total number of traffic fatalities for this year’s Sturgis Motorcycle Rally in South Dakota may be higher than the state’s official count of four. The Rapid City Journal counted at least nine deaths associated with the …

Judge Dismisses Certain Claims in West Virginia Industrial Fire Suit

A federal judge has dismissed part of a lawsuit in connection with an industrial fire in West Virginia. The Parkersburg News and Sentinel reports U.S. District Judge Thomas E. Johnson dismissed most of the claims made in a class action …

Nashville Grapples with Hepatitis A Outbreak

Tennessee health officials say at least 74 people have contracted hepatitis A in Nashville since last December. Nashville’s Metro Public Health Department said in a statement on Friday that it continues to work with state and local officials to urge …