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Los Angeles Will Pay $7.5M To Paralyzed Cyclist

Los Angeles will pay $7.5 million to a bicycle rider who was paralyzed when he crashed after hitting uneven pavement. The Los Angeles Times reported says the City Council voted this week to approve a payout to settle William Yao’s …

King Tides, Heavy Rain Cause Flooding in Areas Hit by Irma

Heavy rainfall over much of South Florida has led to flooding in areas hit hard by Hurricane Irma. Flooding due to heavy rain and the annual “King tides” is being reported along low-lying streets from Key West to Fort Lauderdale. …

Left Out of Disaster Tax Relief Program, Louisiana Offers Bigger Flood Aid Loans for Small Businesses

Gov. John Bel Edwards’ administration is boosting the size of loans available to small businesses damaged by last year’s flooding in Louisiana and is extending the deadline for applications. The Restore Louisiana Small Business Program offers interest-free, partially forgivable loans …

Dakotas High on List of States with Most Deer-Vehicle Collisions

Motorists are more likely to crash into a deer in the Dakotas than in most other states. State Farm has released its annual ranking of states in terms of the likelihood of deer-vehicle collisions. The insurer uses claims data and …

Citrus Crop Thefts a Growing Problem in South Texas

When it comes to commodity theft, Texas probably is best-known for cattle rustling. The Valley Morning Star reports now the state — or at least the Rio Grande Valley — is earning a reputation for citrus thievery, too. Texas is …

More than 1M Chickens Killed in Indiana Fire

An official says more than a million chickens died in a fire that destroyed several large barns at a northern Indiana egg-producing facility. Crews responded late on Oct. 2 to the fire at Hi-Grade Egg Producers near the Wabash County …

USI Insurance Services Hires Cunningham, Hyer in Ohio

Insurance brokerage and consulting firm, USI Insurance Services (USI), has added Michael Cunningham and Brent Hyer in its Independence, Ohio, office. Cunningham joins USI as an employee benefits consultant. Previously, he was an account executive with Liazon, a private benefits …

Head of Texas’ Harvey Recovery Effort Says Agents Need to ‘Step Up’ on Damage Claims

The insurance industry in Texas is not happy with the state’s so-called Hurricane Harvey recovery czar. Texas A&M University Chancellor John Sharp, who was named by Gov. Greg Abbott to lead the Commission to Rebuild Texas, drew a quick response …

Buffett’s Berkshire to Buy 9% Stake in Italian Insurer Cattolica

Warren Buffett is expanding his wager on Italy. The billionaire’s Berkshire Hathaway Inc. said Thursday it agreed to buy about 9 percent of Italian insurer Societa Cattolica di Assicurazioni Scrl from Banca Popolare di Vicenza SpA, one of two failed …

Worldwide Facilities in California Names Answer Financial’s Galaviz CFO

Worldwide Facilities LLC has named John Galaviz its new chief financial officer. He is based in the firm’s Los Angeles, Calif. headquarters. Galaviz was chief financial officer for Answer Financial prior to joining Worldwide Facilities. His background includes corporate development …

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