United States News

When Main Street Met Washington

Amid wind-whipped exhaust fumes and an early March cold front, Connecticut insurance agent Michael Gergler ducks inside the lobby of the Wardman Park hotel in Washington, D.C. and surveys the lobby where roughly 150 other insurance agents have gathered. It’s …

Cameras Make Chicago Most Closely Watched U.S. City

In less than a decade and with little opposition, Chicago has linked thousands of cameras in a network covering most of the city, creating the most extensive and sophisticated video surveillance system in the United States and one that is …

Brown & Brown Elects Bridges Western Regional President

The Board of Directors of Brown & Brown Inc. has elected C. Roy Bridges regional president responsible for most of the company’s retail operations in the western United States. He will continue to have regional oversight responsibility for certain offices …

At Least 25 Dead in West Virginia Coal Mine Blast

An explosion ripped through a West Virginia coal mine owned by Massey Energy, killing at least 25 miners in the deadliest U.S. mining disaster since 1984. Governor Joe Manchin said Tuesday morning that four miners remained missing deep underground and …

South Korea Sends Destroyer After Pirates Seize Oil Tanker

South Korea has sent a destroyer to intercept a supertanker carrying as much as $170 million worth of crude oil that was seized by Somali pirates, officials said on Monday. The South Korean-operated, Singapore-owned Samho Dream, which can carry more …

U.S. High Court Weighs Foreign Investors Suing in U.S. Courts

The Supreme Court indicated this week it could prohibit foreign investors from using U.S. securities law and American courts to sue a foreign bank for fraud. The court heard argument in a challenge from Australian investors who want to sue …

Insurer’s Study Shows U.S. Refineries Plagued by Deadly Accidents

U.S. oil refineries have an ongoing problem with accidents that turn deadly, losing four times as much money from such incidents than refineries in the rest of the world, according to an insurance company report obtained by The Associated Press. …

Washington Tesoro Refinery Blast That Killed 5 Under Investigation

A Tesoro Corp. oil refinery blast and fire that claimed five lives is now the subject of state and federal investigations. The company, and the state Department of Labor and Industries has also launched its own probe. The refinery was …

U.S. Fines Toyota $16M for Not Reporting ‘Sticky Pedal’ Defect

The National Highway Traffic Safety Administration (NHTSA) is seeking the maximum civil penalty of $16.375 million against Toyota Motor Corp. for failing to notify the auto safety agency of the dangerous “sticky pedal” defect for at least four months, despite …

Lessons in Insuring Skateparks and Other Extreme Sports Events

Specialization, Claims Management and Understanding the Risk Are Keys to Market Success “Too dangerous.” “They’re scary.” “Those kids try too many tricks.” While many carriers use these descriptors for skateparks, I do not feel the same way. When I think …