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Mississippi City Nixes Storm Shelter Plans

The Ocean Springs Board of Aldermen has dropped plans to pursue a $3.4 million grant to build a city storm shelter which would have doubled as a gymnasium. Citing budget concerns, aldermen voted 5-1 this week to abandon the project. …

Tennessee, North Carolina Football Players Sue NCAA Over Concussions

Three former college football players are suing the NCAA, saying it failed to educate them about the risks of concussions and did not do enough to prevent, diagnose and treat brain injuries. Chris Walker and Ben Martin, who played for …

Commercial Lines Pricing Held Steady in August: MarketScout

August, traditionally a slower month for commercial property/casualty insurance renewals, was true to form as the composite rate for the P/C market held steady at plus 4 percent, matching the index for July, according to MarketScout’s index. By coverage classification, …

Study Finds Big Disparities in What Insurers Pay Hospitals in Same Cities

Kansas City, Missouri, and Indianapolis residents with private health plans face some of the widest disparities in U.S. hospital costs, often being charged twice as much as nearby facilities, a study found. The highest-priced hospitals in 13 cities studied are …

Carriers Urged to End Cyber Exclusion Clause for Energy Firms

Continuing uncertainty surrounding the application of cyber-exclusion clauses is eroding the value of insurance and causing mounting concern among global energy firms, according to Marsh’s latest Energy Market Monitor. The inclusion of so-called “CL380 clauses,” which are currently imposed across …

57th Reinsurance Rendez-vous Kicks Off on Saturday; Excess Capital a Concern

The 57th Reinsurance Rendez-vous, which begins with registration in Monte Carlo on Saturday, promises to be somewhat less stressful than many previous editions. A mass of warm air, combined with significant amounts of dust from North Africa, has meant that …

Advanced E&S Group Adds Maintenance Interruption Coverage for HOAs

Managing underwriter Advanced E&S Group has launched a business income policy for community associations that includes maintenance interruption insurance designed to help condominium and homeowner associations reduce their exposure to loss of assessment income. As community associations prepare their budgets …

Cause Of Rim Fire In California Could Take Months To Determine

There was no evidence of an illegal marijuana grow near the spot where a raging wildfire started near Yosemite National Park, a federal forestry official said Wednesday. Investigators have ruled out the illicit activity as a potential cause, ending speculation …

The Hanover Says It Is Committed to Oklahoma

The Hanover Insurance Group does a lot of business in Oklahoma and plans to keep it that way. Responding to an Insurance Journal article that inaccurately reported the company was pulling out of the state, The Hanover said that was …

Sum Named Acting Chief of Cal/OSHA

Juliann Sum has been named acting chief of Cal/OSHA. Sum will head the Division of Occupational Safety and Health following the resignation of Ellen Widess. Cal/OSHA is a division of the Department of Industrial Relations. Sum will continue as special …

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