News

North, South Carolina Insurance Chiefs Ready for Hurricane Florence

Hurricane Florence could be one of the largest storms to hit the Carolinas in decades and state insurance officials say they are ready for whatever it will bring to their regions. In interviews with Insurance Journal on Tuesday, South Carolina …

Update: Hurricane Florence Slows to Category 2; Dangerous Storm Surge, Rainfall Still Expected

Thurs., Sept. 13, 11 am: Hurricane Florence was downgraded to a Category 2 hurricane yesterday as its maximum sustained winds decreased today to about 110 mph, according to NOAA. The winds were clocked at 105 mph today. Florence’s rains have …

Kentucky, West Virginia Offer Discounted Lodging Rates for Florence Evacuees

Kentucky and West Virginia are offering discounted rates on lodging at their state parks for people seeking shelter from Hurricane Florence. The Kentucky Tourism, Arts and Heritage Cabinet said the discounted nightly rate for lodge rooms is $49.95 for residents …

Climate Forces Behind Florence Look Like Those of Harvey, Sandy

As Hurricane Florence barrels toward North Carolina, it’s being strengthened and guided by a one-two punch of climate factors scientists have been tracking for years. Florence, which threatens to be the most severe storm to hit North Carolina in more …

Federal Judge Rules Cryptocurrency Falls Under Securities Law

U.S. securities law can be used to prosecute fraud cases over cryptocurrency offerings, a New York federal judge ruled on Tuesday in what appeared to be the first court decision to address the issue. The ruling from U.S. District Judge …

7 Ways to Help Clients Survive Hurricanes (and Other Disasters)

The threat of Hurricane Florence is bringing into sharper focus the often-unfulfilled need for adequate disaster insurance for businesses – and the related opportunity for insurance agents and brokers to help clients take proper precautions. The peak of the U.S. …

Duck Boat Operators Fight Back, Call Missouri AG’s Lawsuit ‘Irresponsible’

The operators of a Missouri duck boat that sank in July, killing 17 people, say in a court filing that a lawsuit from Missouri’s attorney general is “irresponsible” and “littered with factual inaccuracies and innuendo.” Attorney General Josh Hawley’s lawsuit …

Ohio Misses Sept. 8 Deadline to Launch Medical Marijuana Program

While Ohio blew past the deadline Saturday for rolling out its medical marijuana program, the pot industry is confident greener days are coming soon. It’s not uncommon for states’ marijuana programs to be delayed, sometimes for years, by legal, regulatory …

Pipeline Spill Dumps 8K Gallons of Jet Fuel Into Indiana River

A Texas company says one of its pipelines has spilled more than 8,000 gallons of jet fuel into a river in the northeastern Indiana city of Decatur. Houston-based Buckeye Pipe Line says it immediately shut down the line Friday evening …

$6.95M Settlement Proposed in Lawsuit Against Oklahoma’s Chesapeake Energy

A proposed $6.95 million settlement has been filed to end a class-action lawsuit alleging Oklahoma City-based Chesapeake Energy co-founders Aubrey McClendon and Tom Ward conspired to rig bids on leases for land to explore for oil and natural gas in …

News Archives by Month