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10, 2015
Tennessee Reports Increase in Opioid Overdoses in 2014
Statistics from the Tennessee Department of Health revealed that 1,263 Tennesseans died in 2014 from opioid overdoses despite measures designed to stop the addiction. In 2014, the state saw 97 more deaths caused by opioid overdoses than in 2013, The …
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10, 2015
XL Innovate, XL Group’s Venture Capital Company, Acquires New Energy Risk
Dublin-based XL Group plc announced that XL Innovate*, the venture capital fund sponsored by the company, has acquired all of the shares of New Energy Risk Inc. “New Energy Risk has developed and delivered to the market unique performance warranty products …
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10, 2015
Kentucky Judge Says Attorney’s Traffic School Can’t Dismiss 2,300 Cases
A Kentucky district court judge is challenging a county attorney’s revenue-generating traffic school in the state. Kentucky news outlets report Judge Sean Delahanty is opposed to the operation of Jefferson County Attorney Mike O’Connell’s traffic school which allows Louisville traffic …
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10, 2015
York Risk Services Group Acquires Mississippi-Based Quick Cat
York Risk Services Group, a provider of claims management, managed care and risk management services, has acquired Brandon, Miss.- based Quick Cat LLC. Quick Cat provides commercial daily and catastrophe claims services on a national basis and can expand their …
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10, 2015
California Commissioner Announces Bid for State Attorney General
California Insurance Commissioner Dave Jones announced via a mass email late Thursday that he’s running for the office of California Attorney General in a little over two years. “I am very excited at the prospect of working to make California’s …
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10, 2015
Watchdog Says Corporations Say One Thing, Do Another on Climate Change
It’s all a masquerade. The business world has not embraced action on climate change as statements from some corporations seem to indicate. So says a new watchdog group out of London. Nonprofit InfluenceMap late last month launched a website, along …
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10, 2015
Jury Awards $1.8M Exploding e-Cigarette Trial in California
A Superior Court jury in Riverside, Calif. awarded $1.885 million in a lawsuit over an e-cigarette product that exploded while charging, physically burning and emotionally scarring her, attorneys for the woman said on Thursday. Jennifer Ries was traveling to the …
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10, 2015
13 Specialty Insurers Emerging As Takeover Targets: S&P
Standard & Poor’s sees a number of specialty insurers as potential takeover targets by both rival carriers and investors seeking to expand in the segment, thanks to stellar operating performance versus the P/C industry as a whole. The ratings entity …
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10, 2015
ACE-Chubb Deal Clears Antitrust Hurdle
The Federal Trade Commission (FTC) has given the green light to ACE Limited’s $28 billion acquisition of rival insurer Chubb Corp. In a regulatory filing, ACE reported that it received notice on Sept. 30 from the FTC that it had …
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10, 2015
Eastern U.S. Soaked by Rain as Hurricane Joaquin Gains Force Near Bahamas
The weather outlook for the eastern U.S. is starting to resemble the plot of a 1970s disaster movie in which everything that could go wrong did. From the mid-Atlantic to the Northeast, the coastal states have been soaked by rain. …