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

Freight Train Derails in Pennsylvania; No Injuries or Hazard Reported

A freight train derailment in southeast Pennsylvania early Monday spurred precautionary evacuations, but officials said no injuries were reported and there was no known hazard to the public. The 40-car CSX train, which was operating on tracks owned by Norfolk …

Board Overseeing West Virginia’s $1B Opioid Fund Adds State Health Officer

West Virginia`s state health officer was selected Wednesday to represent one of the hardest-hit regions of the state for drug overdoses on the board of a private foundation that will be distributing the majority of the state`s more than $1 …

Two Dirt Bike Riders Die in Crash with SUV

Two people died over the weekend when the dirt bike they were riding collided with an SUV near a shopping plaza in Massachusetts, authorities said. The victims of the crash in Wareham just before 11 p.m. Saturday were identified as …

Actor Sues, Claiming She Was Sexually Harassed by Rhode Island Resort Owner

An actor and model who had roles in the soap opera “Guiding Light” and movies including “The Hunger Games: Catching Fire” says in a lawsuit that she was sexually harassed by the owner of a Rhode Island resort where she …

Crypto Ransomware Attacks Rise in First Half of 2023: Chainalysis

Crypto crime fell overall in the first six months of 2023, but the volume of payments to ransomware attackers surged and is on track for its second-biggest annual total on record, blockchain analytics firm Chainalysis said on Wednesday [July 12]. …

Evertree Closes 3 Colorado Deals and Establishes Mountain Region

Evertree Insurance Services LLC has acquired 1st American Insurance in Longmont, Colorado, Alliance Insurance Services in Arvada, Colorado, and The Banks Agency in Golden, Colorado. The transactions were closed on July 7, and establish Evertree’s presence in the Mountain Region. …

Workers’ Compensation Remains Profit Engine for U.S. P/C Insurers: AM Best

Workers’ compensation insurers’ underwriting results continued to outpace the rest of the U.S. property/casualty (P/C) commercial sector in 2022, as they benefited from the long-term decline in workplace accidents and a reduction in fraudulent claims, according to an AM Best …

Insurers to Pay $15M to Settle Murdaugh Fatal Boat Crash Claims

Insurers for the convenience store that sold beer to Paul Murdaugh have agreed to pay $15 million to settle the wrongful death suit stemming from the 2019 boat crash involving Murdaugh in which teenager Mallory Beach was killed. The convenience …

Tesla Sues Australia’s Cap-XX Over EV Battery Technology Patents

Tesla sued Australian company Cap-XX in Texas federal court on Friday, claiming its supercapacitors used for storing energy in electric-vehicle batteries infringe two U.S. patents owned by a Tesla subsidiary. Tesla CEO Elon Musk pledged in 2014 not to “initiate …

People Moves: Fred C. Church Promotes Burbine; Rodriguez Reappointed Chair of New York Workers’ Comp

Fred C. Church Insurance Promotes Burbine to SVP, Sales Leader Fred C. Church Insurance, headquartered in Lowell, Mass., promoted Bill Burbine to senior vice president, sales leader. Burbine’s insurance career began in 2002 with Banknorth Insurance Group of Portland, Maine. …