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Extraordinary Re’s Extraordinary Idea for Trading Insurance Risks Like Stocks

Imagine there’s a way for institutional investors to trade insurance risks much like they trade stocks. Well, imagine no more. A new and unique reinsurer, Extraordinary Re, has hit upon the novel idea of creating a trading platform run by …

Mississippi Woman Sues Pepperidge Farm Over Contaminated Goldfish Crackers

A Mississippi woman is making a federal case out of a life-threatening bout with salmonella that she blames on Goldfish crackers. The Clarion Ledger reported Friday that 26-year-old Bailey Finch is accusing Pepperidge Farm and one of its manufacturers of …

Bridge Collapses in Genoa, Italy, with 35 Deaths Reported

A bridge on the main highway running down the Italian Mediterranean coast collapsed in Genoa, with the death toll reported to be 35 people while others were trapped in the rubble. A police video showed the viaduct connecting the A10 …

Newspaper: Sturgis Rally Traffic Deaths Likely Higher Than Official Count

A newspaper says the total number of traffic fatalities for this year’s Sturgis Motorcycle Rally in South Dakota may be higher than the state’s official count of four. The Rapid City Journal counted at least nine deaths associated with the …

Judge Dismisses Certain Claims in West Virginia Industrial Fire Suit

A federal judge has dismissed part of a lawsuit in connection with an industrial fire in West Virginia. The Parkersburg News and Sentinel reports U.S. District Judge Thomas E. Johnson dismissed most of the claims made in a class action …

Nashville Grapples with Hepatitis A Outbreak

Tennessee health officials say at least 74 people have contracted hepatitis A in Nashville since last December. Nashville’s Metro Public Health Department said in a statement on Friday that it continues to work with state and local officials to urge …

In Louisiana, Fewer Homeowners Than Expected Seek Flood Aid

Louisiana expects to spend $649 million on homeowner rebuilding aid after the 2016 floods, only about half the federal money Congress set aside for the effort. The Advocate reports 44 percent fewer households than anticipated are expected to access money …

MJ Insurance Relocates Indiana Office, Unveils New Logo

Privately held independent insurance agency, MJ Insurance, has relocated its Indianapolis headquarters to 30,000 square feet at 571 Monon Blvd., located in the newly-expanded Midtown District of Carmel, Indiana. MJ Insurance has also unveiled a complete rebrand with a new …

Nearly Year After Harvey, Recovery Continues in South Texas Town

Armonie Brown in Refugio, Texas, pauses for a second when asked about Hurricane Harvey. The Corpus Christi Caller-Times reports Brown saw friends and teammates lose their homes and all their belongings, while the school he went to was heavily damaged …

Journeay to Lead Austin Insurance Professionals for Coming Year

The Austin (Texas) Association of Insurance Professionals (AAIP) has elected Danny Journeay with Specialty Insurance Managers Inc. as president of the group for 2018/19. AAIP, which celebrates its 75th anniversary in 2018, installed new officers and directors at an installation …

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