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‘Obamacare’ Premiums to Decrease in Louisiana Next Year

Many Louisianans with health insurance through the Affordable Care Act’s individual exchange are set to see premiums drop. The Advocate of Baton Rouge reports premiums are expected to drop by an average of 6.9 percent next year. The Louisiana Department …

West Texas Natural Gas Pipeline Explosions Injure 7

The number of people injured in a series of explosions on a West Texas natural gas pipeline has risen to seven. Authorities initially said five people — a volunteer firefighter and four pipeline employees — were hurt Wednesday when the …

3 Companies in Cited in Fatal Oklahoma Rig Explosion Case

The Occupational Safety and Health Administration has issued citations to three companies involved in a natural gas rig explosion in Oklahoma that killed five workers. OSHA announced that it’s fined Patterson-UTI Drilling, Crescent Consulting LLC and Skyline Directional Drilling LLC …

Coast Guard: Missouri Duck Boat in Violation of Inspection Terms

A tourist boat was on the lake despite wind speeds far exceeding allowable limits when it sank last month in Missouri, killing 17 people, according to a certificate of inspection made public on Aug. 1. The U.S. Coast Guard announced …

Anderson Assumes Executive VP, CFO Roles at CNA

James Anderson has assumed the role of executive vice president and chief financial officer at Chicago-based commercial insurer CNA, effective Aug. 1. Anderson, who most recently served as senior vice president and head of Financial Planning & Analysis and Corporate …

AIR Releases New Reinsurance Catastrophe Modeling Software, Touchstone Re

Catastrophe risk modeling firm AIR Worldwide announced that it has released Touchstone Re™, a new catastrophe modeling software application designed for estimating the loss potential of reinsurance contracts and portfolios, industry loss warranties, and insurance-linked securities. AIR Worldwide said Touchstone …

At Least 3 Tornadoes Confirmed in Colorado

People on the plains of northeastern Colorado were cleaning up this week from a powerful storm that spawned at least three tornadoes, ripped off roofs and flipped trucks and small airplanes. No serious injuries were reported in Sunday’s storm, and …

Los Angeles to Begin Licensing Marijuana Growers

Los Angeles began accepting license applications from marijuana growers, manufacturers and testing companies this week, after months of delays that left many businesses in the state’s largest legal marketplace struggling to survive. The start of the process arrived with a …

Laptop Battery Fire in Checked Luggage Could Bring Down an Airliner: Study

A single personal electronic device that overheats and catches fire in checked luggage on an airliner can overpower the aircraft’s fire suppression system, potentially creating a fire that could rage uncontrolled, according to new government research. Regulators had thought that …

London Market Group Appoints JLT Specialty’s Lebecq as CEO

London Market Group (LMG) has appointed of Clare Lebecq as CEO. Lebecq, who will take on the role on a permanent basis, will start on Nov. 1 and replaces Chris Beazley, who will return to MS Amlin as CEO of …

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