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Bike Advocates Applaud Passage of Safety Bill in Maine
Bike safety advocates are celebrating a new law in Maine that they say will make the roads safer for bikers and pedestrians. Brian Allenby of the Bicycle Coalition of Maine tells the Maine Public Broadcasting Network that the new law …
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Marsh & McLennan Agency Enters Canadian Market with Purchase of Vézina
Marsh & McLennan Agency LLC*, a subsidiary of Marsh, has acquired Vézina, a Montreal, Quebec-based independent insurance brokerage firm. The acquisition includes the property/casualty brokerage division Vézina Assurances Inc. and group benefits division Vézina & Associes. Terms of the transaction were …
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Uber Says ‘So Long’ to One of Florida’s Largest Counties
The popular ridesharing service Uber has announced it is leaving Broward County. The company announced July 6 that it will withdraw completely from the county on July 31. Uber had previously agreed to withdraw from the airport and port in …
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North Carolina Salmonella Outbreak Kills 1, Sickens Nearly 250
State health officials say one person has died in connection with a salmonella outbreak at a North Carolina barbecue restaurant. The N.C. Department of Health and Human Services announced the death on its website, but provided no additional details. According …
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Texas Court Approves $84.4M Settlement in Farmers Case
A Travis County, Texas district court has granted preliminary approval of a settlement with Farmers Insurance Group that will return $84.4 million to policyholders stemming from a 2002 homeowners insurance rate case. The case stems from a 2002 lawsuit by …
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As Strong El Nino Looms, Cloud Seeding Gets a Tailwind
Circling thousands of feet above Tasmania’s farmland in a light aircraft, Christina Nebel prepares to release tiny chemical particles as part of a cloud-seeding scheme estimated to have helped boost rainfall on the Australian island by at least 5 percent. …
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IMF Urges U.S. Adopt Tougher Rules for Insurers
The U.S. needs to follow through on plans to impose tougher rules on non-bank financial institutions such as mutual funds and insurers that are increasingly posing a risk to the financial system, the International Monetary Fund said. It’s critical that …
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How Rental Car Insurance Offered by Credit Cards Varies
In the midst of moving from Atlanta to St. Louis last year, Thomas Nitzsche discovered his parked rental car had been hit by another car, causing $791 in damage. To keep costs low, he had rejected the “collision damage waiver” …
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Small Quake Shakes Central Oklahoma
An earthquake has rattled part of central Oklahoma. The U.S. Geological Survey says the 2.8 magnitude earthquake was recorded about 8:13 a.m. Sunday about four miles east-southeast of Jones in Oklahoma County. Geologists say the temblor occurred at a depth …
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Altitude Risk Adds General Insurance Corp. of India to Capacity Providers
Altitude Risk Partners, Castel’s global aviation and space underwriting business, announced that it “has added the General Insurance Corporation of India [GIC], the world’s 15th largest reinsurer, to its aviation capacity providers. “The Indian government owned business joins existing capacity …
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