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07, 2016
BHSI Launches Commercial Output Policy for Inland Marine Exposures
Berkshire Hathaway Specialty Insurance (BHSI) has introduced its Commercial Output Policy (COP) that combines the company’s new admitted property insurance policy with its inland marine coverages. BHSI’s COP uses American Association of Insurance Services (AAIS) wording and responds to property …
18
07, 2016
Autopilot Warning May Not Help Tesla in Crash Defense
Telling Tesla drivers its Autopilot feature doesn’t mean their cars can drive themselves may not be enough to keep Elon Musk off the hot seat if the technology comes up short. This month, two Teslas equipped with Autopilot veered into …
18
07, 2016
North Carolina Governor Signs Duke Energy Coal Ash Cleanup Compromise
North Carolina will offer less expensive ways for Duke Energy to clean up coal ash pits at seven sites while ensuring drinking water is piped to residents near the ponds, a compromise that has appeased the General Assembly but leaves …
18
07, 2016
SBA Sets August Deadline for Mississippi Disaster Loans From Spring Floods
People whose south Mississippi homes or businesses flooded in late April or early May have until Aug. 8 to apply for Small Business Administration disaster loans. The low-interest loans are available in Harrison, Hancock, Jackson, Pearl River and Stone counties, …
18
07, 2016
Insurer Competition Vital for Healthcare Consumers: U.S. Health Official
The Obama administration’s top health official highlighted the importance of competition to insurance markets, as the Justice Department is poised to decide on two massive deals among four of the health-plan industry’s biggest players. Health and Human Services Secretary Sylvia …
18
07, 2016
Mayor of Florida City Charged With Insurance Fraud, Suspended by Governor
Florida Gov. Rick Scott has suspended from office the mayor of the central Florida city of Tavares after he was charged with insurance fraud. Scott issued the executive order on July 14, one day after Mayor Robert Wolfe was arrested …
18
07, 2016
Truck Driver in Deadly Georgia Crash Gets 5 Year Prison Sentence
A Louisiana truck driver charged in a fiery interstate crash that killed five nursing students in southeast Georgia was sentenced to prison Thursday – one year for each life lost – after he pleaded guilty to first-degree vehicular homicide and …
18
07, 2016
Former Travelers’ CEO Fishman Bringing Fight Against ALS to Golf Course
Jay Fishman finds it more comfortable these days to use a wheelchair to get around, and has begun getting some help breathing from a portable ventilator. The former Travelers CEO says he’s in “the final innings” of his battle with …
18
07, 2016
Man Playing Pokemon Go While Driving in NY Crashes Car Into Tree
A man is recovering from minor injuries he suffered when he crashed his brother’s car into a tree in central New York while playing Pokemon Go on his smartphone. Police in Auburn in the Finger Lakes region tell The Citizen …
18
07, 2016
New Jersey Storms Spawn Tornado, No Injuries Reported
Weather forecasters have confirmed a tornado touched down in New Jersey. The National Weather Service says a tornado with 75 mph winds was confirmed near White Township on July 14. Tom Smith says he saw a twisting black cloud sweep …