Monthly Archives: <span>January 2023</span>

North La. Families Evacuated After Train Derails

KEATCHIE, La. (AP) – About 130 people in north Louisiana are under a mandatory evacuation Saturday after a train derailed and at least two of the cars involved began leaking hazardous products, state police said. The Union Pacific Railroad train …

S&P Predicts Reinsurers Will Continue Pricing Momentum During 2023

A hard market in short-tail lines – such as property and property catastrophe – across global geographies is likely to continue throughout 2023, after beginning the year with multi-decade-high pricing increases during the January reinsurance renewals, according to a report …

W.R. Berkley: Waiting for Discipline in Property; Overall Marketplace ‘Splintered’

There is no one answer to the overall insurance industry’s place within its cyclical path. Each product line needs to be looked at individually, according to Robert Berkley, CEO of W.R. Berkley Corp. “Once upon a time, most P/C product …

Update: New York Gov. Hochul Seeks to Exclude Medical Malpractice From Wrongful Death Damages Bill

New York Gov. Kathy Hochul will not sign the measure on her desk that seeks to expand wrongful death damages as it is written. Instead, she wants lawmakers to amend the bill to exempt medical malpractice claims from the changes …

SC Supreme Court: Missed Deadline Not Reason to Dismiss Workers’ Comp Fee Appeal

Judges are often sticklers for court deadlines, but they have to at least give a reason for dismissing a case when a lawyer fails to file a brief on time, the South Carolina Supreme Court said this month in a …

U.S. and EU to Launch First-of-its-Kind AI Agreement

The United States and European Union on Friday announced an agreement to speed up and enhance the use of artificial intelligence to improve agriculture, healthcare, emergency response, climate forecasting and the electric grid. A senior U.S. administration official, discussing the …

Freight Truck, Express Bus Crash in Upstate New York Kills 6, Injures 3: Officials

LOUISVILLE, N.Y. (AP) — Six people died in upstate New York when a freight truck and an express bus carrying more than a dozen people collided Saturday near the U.S.-Canada border, state police said. Three others were injured, including one …

National Traffic Safety Board Issues Report on Las Vegas Crash That Killed 9

Federal crash investigators have released reports and investigative material about a multi-vehicle wreck a year ago in North Las Vegas that killed a driver and his passenger in a speeding sports car and seven members of a family in a …

Southern California’s Santa Ana Winds Toppled Trees, Big Rigs

Powerful Santa Ana winds tore across Southern California on last week – topping 100 mph, in parts – blowing over multiple big rigs on several highways and toppling massive 80-to-100 foot-tall trees, including in San Diego’s iconic Balboa Park where …

Alabama City Starts $10M Upgrade to Failing Sewer System

Federal and state officials on Friday marked the start of a $10 million project aimed at repairing and upgrading an Alabama community’s failing sewer system that has left residents dealing with pools of raw sewage at their homes. The project …