February 28, 2017
Karl Siegfried, Senior Vice President of Loss Control & Safety Services at Portland, Maine-headquartered MEMIC Group recently spoke with Insurance Journal about the safety management team that is in place at MEMIC and the ways in which it seeks to …
February 28, 2017
Wildlife refuge officials say a man with a drone caused 1,500 elk to stampede half a mile through the snow. The stampede happened Monday at the National Elk Refuge in western Wyoming. Elk and bison often congregate at the refuge …
February 28, 2017
Washington Attorney General Bob Ferguson says the state is ready to fight if necessary to keep its legal marijuana. Ferguson made the comments after White House spokesman Sean Spicer suggested during a press briefing that President Donald Trump’s administration might …
February 28, 2017
Both the Utah Senate and House have passed a bill to repeal the statue creating the state’s Workers’ Compensation Fund. Following a court battle and several pieces of legislation, the fund has nearly separated from state control and oversight and …
February 28, 2017
Nigeria’s insurance industry is poised to enter a period of consolidation as companies struggle to raise cash to meet new regulatory requirements amid the worst economic contraction in more than two decades. With markets largely shut for companies to raise …
February 28, 2017
Skuld, the Oslo, Norway-based marine insurance provider, announced the appointment of Krester Krøger Kjær as head of Skuld Copenhagen. Krøger Kjær succeeds Helle Lehmann who, after eight years in the role, has decided to step down and pursue new opportunities. …
February 28, 2017
Japan’s Takata Corp. removed a major obstacle to its potential sale or restructuring, pleading guilty on Monday in a U.S. federal court to a felony charge as part of a $1 billion settlement that included compensation funds for automakers and …
February 28, 2017
The disruption in the municipal bond market is punishing some of the most loyal buyers of the debt. The insurance industry has seen more than $5 billion of gains erased on state and local bonds after Donald Trump’s victory in …
February 28, 2017
The National Weather Service has confirmed that a tornado with winds up to 110 mph touched down in western Massachusetts. Meteorologists say the EF-1 tornado touched down Saturday evening in Conway in Franklin County. The weather service says most of …
February 28, 2017
Six University of Connecticut students were charged Friday with alcohol-related offenses connected to the death of a student who was run over by a fire department vehicle after leaving a party last fall. The students had been hosting an off-campus …