Monthly Archives: <span>February 2019</span>

Sportify® ‘Scholarship Insurance’ Launched: How Far has the Scholar Athlete Market Evolved?

Houston, TX, February 5th, 2019 – Risko Strategies, LLC, a boutique risk advisory/insurance agency, is proud to introduce to the insurance market, “SPORTIFY®”: a unique contingency insurance policy for elite high school and college student-athletes, underwritten at Lloyd’s of London. …

Louisiana Insurance Exec Arrested for Theft of Nearly $1M

An insurance business owner and former official for a Louisiana port has been arrested for stealing nearly $1 million from his clients, authorities said. Kristian Gaudet, 45, of Cut Off, was charged with two counts of felony theft, The Courier …

Shell Offshore Agrees to $2.2M Fine for 2016 Gulf Oil Spill

Shell Offshore Inc. has agreed to pay a $2.2 million civil fine to the federal government to settle charges that the company violated the Clean Water Act by spilling 1,900 barrels of oil into the Gulf of Mexico in May …

More Than 1 Ton of Chicken Products Recalled by Texas Company

A Texas company has recalled about 2,100 pounds of chicken items produced last month with incorrect labels. The U.S. Department of Agriculture on Saturday announced the recall by Taylor Farms of Dallas. USDA officials say the products are wrongly labeled …

Minnesota Supreme Court: No Primary Assumption of Risk in Skiing, Snowboarding

Minnesota’s high court has declined to expand the state’s doctrine of implied primary assumption of risk to recreational skiing and snowboarding. The Minnesota Supreme Court came to that conclusion Soderberg v. Anderson, published Jan. 23, 2019. The case involves a …

J&J Reported to Settle Most Pinnacle Hip Implant Lawsuits

Johnson & Johnson, the world’s largest maker of health-care products, has agreed to settle the bulk of consumers’ lawsuits alleging it sold defective artificial hips and misled patients about their dangers, according to a lawyer for the plaintiffs. “The parties …

North Carolina Auto Insurers Request 7.6% Rate Increase

The annual auto insurance filing from the North Carolina Rate Bureau to the North Carolina Department of Insurance calls for an overall statewide average increase of 7.6 percent, according to a statement from Insurance Commissioner Mike Causey. The NCRB represents …

Federal Disaster Declaration Issued for North Carolina for Michael Damage

President Donald Trump has approved a major disaster declaration for North Carolina to provide for federal assistance to areas impacted by Tropical Storm Michael last fall. The declaration was announced in a news release issued Thursday and covers 21 counties …

Officials Investigating 11 Fires in West Virginia City

Fire officials say they’re investigating after responding to nearly a dozen structure fires in five weeks. According to Huntington Fire Marshal Captain Matt Winters tells WCHS-TV that there have been 11 fires so far in 2019, with nine of those …

16 High School Basketball Players Injured in West Virginia Bus Crash

Emergency officials in West Virginia say a charter bus carrying a high school girls basketball team has rolled over, leaving 16 injured. News outlets report the bus was carrying a team from Martinsburg High School when it crashed Saturday night …