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U.S. Eyes China, Russia Sanctions Over Cyber Attacks
The United States is considering sanctions against both Russian and Chinese individuals and companies for cyber attacks against U.S. commercial targets, several U.S. officials said on Monday. The officials, who spoke on condition of anonymity, said no final decision had …
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TDI Posts Summary of Bills Affecting Property/Casualty Insurers
The Texas Department of Insurance has produced a summary of various bills passed by the Texas Legislature this year that impact property/casualty insurance companies. Many but not all of the following were effective Sept. 1: House Bills HB 1733 Auto Liability …
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Trinity Says Virginia Orders More Tests for Highway Guardrails
Trinity Industries Inc.’s guardrail system will undergo additional crash testing by Virginia, raising new questions about a device on roadways across the country. Some of Virginia’s six proposed tests on the ET-Plus, scheduled to begin in mid-September, will be different …
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Conn. Troopers Issued 1,930 Speeding Tickets During Labor Day Weekend
The Connecticut troopers have issued 1,930 speeding tickets during the 2015 Labor Day weekend, the Connecticut State Police announced. The troopers patrolled the highways and roads in Connecticut over the Labor Day weekend. During this enforcement operation, troopers utilized both …
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El Nino in Pacific Strongest Since Record Event in 1997-1998
The El Nino that’s changing weather across the globe is now the strongest since the record event almost two decades ago. Sea temperature anomalies in the central Pacific Ocean are now at their highest since 1997–98, Australia’s Bureau of Meteorology said in …
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Woodford Investment Mgmt Cashes in Amlin Stake After Record Takeover Offer
Neil Woodford cashed in his entire 107.5 million-pound ($166 million) stake in Amlin Plc after Tuesday’s takeover offer by a Japanese competitor sent the Lloyd’s of London insurer’s shares to a record high. The fund manager sold 16.4 million Amlin …
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Washington Judge Sets Limits in Civil Case over Deadly Oso Mudslide
A King County Superior Court judge is considering which claims can be brought in a civil trial that will explore whether anyone should be held responsible for the deadly Oso, Wash. mudslide. The Daily Herald reported that Judge Roger Rogoff …
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QBE North America Names Fireman’s Fund’s Zortman as President, Standard Lines
QBE North America said that it has named former Fireman’s Fund executive Kathleen O. Zortman as president, Standard Lines, for property/casualty insurance. Zortman will have responsibility for QBE North America’s commercial, personal, program and agriculture businesses. Zortman has been an …
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Penn. Advises Homeowners to Reduce Property Hazards, Avoid Coverage Loss
Pennsylvania Insurance Commissioner Teresa Miller is advising consumers that the Pennsylvania Insurance Department is available to help homeowners adhere to reasonable requests by insurers to make their properties safer and avoid possible cancellation or non-renewal of their homeowners’ coverage. Miller …
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Hurricane Season’s Peak: Gone with the Wind Shear
The day during the Atlantic hurricane season when a tropical storm or worse is most likely to be swirling around the basin may come and go with a whimper. The best the Atlantic probably will come up with by Thursday, …
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