September 13, 2017
The Indiana Department of Transportation has proposed a way to make a deadly stretch of highway in western Indiana safer. Department officials told the Vincennes Sun-Commercial that an intersection of U.S. 41 near Oaktown may be turned into a J-turn …
September 13, 2017
The remnants of Hurricane Irma forced Atlanta’s international airport – the world’s busiest passenger airport – to cancel nearly 200 flights early Tuesday. The storm also claimed two lives in Georgia and two in South Carolina. The flights canceled at …
September 13, 2017
Five drugmakers are asking a judge to dismiss a lawsuit filed by the Ohio attorney general that alleges they helped perpetrate the state’s addictions epidemic. Attorney General Mike DeWine accuses the companies of intentionally misleading patients about the dangers of …
September 13, 2017
Managing general agency and surplus lines broker J.M. Wilson has added Ryan Gibbons as assistant transportation underwriter in its Westerville, Ohio office. Gibbons is responsible for assisting underwriters on a wide variety of commercial transportation risks, as well as quoting …
September 13, 2017
The U.S. Environmental Protection Agency is investigating whether chemical maker Arkema SA followed safety rules at its Crosby, Texas, plant where chemical containers exploded and burned for days after flooding from Hurricane Harvey, an EPA official said. The EPA sent …
September 13, 2017
Hurricane Harvey could upend a trend of nearly flat commercial insurance prices that has continued since 2015, Willis Towers Watson said in its latest industry survey. “Insurers are bracing for a significant volume of complex commercial property claims, as well …
September 13, 2017
U.S. officials estimate the FEMA-run National Flood Insurance Program will make $11 billion in payments for flooding in Texas caused by Hurricane Harvey, the program’s administrator Roy Wright said. Additionally, in an attempt to make those payments more quickly, homeowners …
September 13, 2017
Sciemus, a specialty Lloyd’s MGA, is forming an investing partnership with HSCM Bermuda, a firm that invests in reinsurance and insurance-linked assets across all lines of business. The deal also calls for Sciemus to change its name as it evolves …
September 13, 2017
The Ohio Supreme Court has ruled that an apology by a medical provider that includes an admission of liability can’t be used in a later lawsuit against the provider. At issue in the court’s Tuesday decision was the state’s “apology …
September 13, 2017
Cayman Islands-based CCRIF (formerly the Caribbean Catastrophe Risk Insurance Facility) will make payments totaling US$29.6 million to six Caribbean nations recovering from Hurricane Irma. CCRIF’s parametric tropical cyclone insurance policies will pay $6.8 million to Antigua & Barbuda; $6.5 million …