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School’s Insurer to Cover Michigan Runner’s $4.5M Injury Lawsuit Settlement

A runner who sued his Michigan high school cross-country coach after he was severely injured during a dark early-morning practice has settled the case for $4.5 million. In 2011, Kersch Ray was a 13-year-old member of the Chelsea High School …

Texas’ Hochheim Mutual Insurers Removed From Credit Watch Negative

S&P Global Ratings has removed Texas-based Hochheim Prairie Farm Mutual Insurance Assn. (HPFMIA) and its subsidiary, Hochheim Prairie Casualty Insurance Co. (HPCIC, collectively Hochheim) from Credit Watch Negative, where the companies were initially placed on Nov. 28, 2017. S&P Global …

Woman Sues Hospital in New Mexico for Resuscitating Her

A New Mexico woman who was brought back to life is suing the hospital for violating her rights. The Albuquerque Journal reports lawyers for Jamie Sams filed a lawsuit last week in New Mexico state district court against Santa Fe’s …

Latest Estimates of Insured Losses from California Wildfires at $9B to $13B

Insured losses from the Camp and Woolsey wildfires in California will be between $9 billion and $13 billion, according to the latest estimates from catastrophe modeler RMS. RMS’ latest estimates released on Monday show $7.5 billion to $10 billion for …

PG&E Says There Was Another Outage on Morning of California Wildfire

California utility PG&E Corp , facing investor concerns over its possible role in the deadly Camp Fire in Northern California, has reported another power-line outage that it experienced on the morning of Nov. 8 when the blaze started. The incident …

Willis Towers Watson Launches Cyber Solution for Airports

In response to cyber and digital risk being identified as the top concern facing airports today¹, Willis Towers Watson has introduced CyFly for Airports, an insurance solution specifically tailored to cover cyber exposures affecting airports around the globe. CyFly is …

Winter Storm Packs Snowy, Icy Punch in Pennsylvania, Making Roads a Mess

Pennsylvanians have dealt with their first taste of wintry weather this season, and the storm brought much more snow than predicted, making roads around the state icy and treacherous. A meteorologist told the Allentown Morning Call the storm was “an …

Thousands of Homes Still Lack Gas Service After Massachusetts Blasts

The company at the center of the natural gas explosions in Massachusetts in September says it has restored gas service to about 60 percent of affected homes, but nearly 1,760 families remain in temporary housing. The Sept. 13 blasts in …

Flood Insurance Program to Lapse Nov. 30 Unless Congress Acts

Once again the fate of the nation’s flood insurance program is coming down to the wire. Authorization for the program is set to expire Friday, Nov. 30 unless Congress acts. The most likely action will be another short-term extension. Sens. …

Head of Connecticut Crumbling Foundations Entity Concerned About Funding Delay

The superintendent of the new entity charged with distributing millions of dollars to Connecticut homeowners with crumbling foundations says he’s within weeks of shutting down if state bonding isn’t released. Michael Maglaras told members of several legislative committees on Friday …

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