News

Grass Fires Burn 2,100 Acres in Oklahoma, Close I-35

Wildfires scorched thousands of acres of land in central Oklahoma on Jan. 18, prompting evacuations, damaging buildings and forcing the closure of busy Interstate 35 in Logan County for more than an hour. Two fires began near Guthrie in the …

Bank Customer Car Burglary Ring Busted in Louisiana

Police in Lake Charles, La., say they have broken up a crime ring that would scout banks for people leaving with money, follow them, then burglarize their unattended vehicles. The American Press reports Lake Charles Police Chief Don Dixon discussed …

Earthquake Risk in North Texas Likely to Be Upgraded

The U.S. Geological Survey is considering raising its risk projections for earthquakes in North Texas. The Dallas area has experienced more than 120 quakes since 2008. The Dallas Morning News reports that USGS will likely upgrade the risk of an …

Boston Taxi Owner Suit Latest Legal Salvo in Rideshare Wars

Taxi owners accused Boston officials of violating their constitutional rights by permitting Uber Technologies Inc. and other ride-sharing services to operate on city streets. The cabbies, in a lawsuit filed last Friday by the Boston Taxi Owners Association, fault the …

Reinsurance Execs See Market Adjusting to New Realities

Aon Benfield’s Reinsurance Market Analysis describes the participants as having “reached the end of a 15 year journey, featuring chronological stages of alternative capital’s significance, completion and finally disruption.” From the interviews with two reinsurance industry executives that seems to …

Arky Joins Alliant Insurance Services in California

Newport Beach, Calif.-based Alliant Insurance Services has named Nancy Arky the company’s Tribal First group as a casualty underwriting manager. She will oversee the group’s casualty underwriting department, including the management of staff, coordination of sales distribution and establishment of …

WCIRB: Continued Increase in California Claim Frequency

Workers’ compensation indemnity claim frequency in California has continued to rise unlike in most other states, according to the California Workers’ Compensation Insurance Rating Bureau. The WCIRB recently issued an update to its Analysis of Changes in Indemnity Claim Frequency …

Minnesota Diocese Files Chapter 11 over Sexual-Abuse Claims

The Archdiocese of Saint Paul & Minneapolis is the 12th U.S. diocese to seek bankruptcy protection to deal with sexual-abuse claims. The Chapter 11 filing on Jan. 16 in St. Paul follows legislation passed by Minnesota in May 2013 that …

5.8 Quake Struck in Remote Alaska

An earthquake struck in a remote area of Alaska’s Aleutian Island chain and there were no reports of damage or injuries. The U.S. Geological Survey says the magnitude-5.8 temblor occurred at 6:47 p.m. Friday and was centered about 65 miles …

Politicians Vow to Block FEMA From Taking Mistaken Sandy Aid

About 3,000 Superstorm Sandy victims who were either wrongly given storm recovery aid or who were overpaid would not have to repay the federal government under legislation to be introduced this week by two New Jersey Congressmen. U.S. Sen. Robert …

News Archives by Month