Features

New Jersey Supreme Court Issues Ruling in $500M Contamination Lawsuit

The New Jersey Supreme Court has ruled in favor of Givaudan Fragrances Corporation (Fragrances) in a $500 million insurance coverage lawsuit against Aetna Casualty & Surety Company and additional insurers named as defendants. The move affirms that New Jersey policyholders …

Texas Stamping Office Updates Eligible Surplus Lines Insurers List

The Surplus Lines Stamping Office of Texas (SLTX) has identified changes to the list of eligible surplus lines insurers in the state. Approved eligible insurers effective Jan. 1, 2017, include alien insurers Lloyd’s of London Syndicate 2988, Lloyd’s of London …

Brit Launches Lutine Yacht Consortium with Capacity of $250M

Brit Ltd., the London-based specialty insurer, announced the launch of a new Lloyd’s consortium for yachts, called the Lutine Yacht Consortium. The consortium has a capacity of $250 million, offering 100 percent Lloyd’s security to insure motor and sailing vessels …

Test Results Show Pennsylvania Workers Killed by Train Were on Drugs

Both maintenance workers killed by an Amtrak train near Philadelphia, Penn., last year were on drugs when the crash happened, test results show, but that doesn’t appear to have factored into safety lapses and miscommunications being blamed for their deaths. …

EPA to Oklahoma Officials: Do More to Curb Earthquakes

The Environmental Protection Agency told Oklahoma regulators last November to do more to protect the state from a surge in earthquake activity that scientists have linked to the underground disposal of oil and gas wastewater. An EPA administrator sent a …

San Francisco Says Sinking 58-Story Millennium Tower Is Safe to Occupy

San Francisco inspectors say the sinking Millennium Tower is safe to occupy, despite strain on its foundation and electrical systems. The San Francisco Chronicle reported that an inspection report concludes there was no evidence of “life-safety concerns” at the Millennium …

Texas Offers Grace Period for Workers’ Comp Nonsubscribers

The Texas Division of Workers’ Compensation (DWC) is offering a temporary grace period to those employers who have not met workers’ compensation reporting requirements in the past — allowing them to report between Feb. 1 and April 30 without any …

Report: Self-Driving Prototypes Getting Better at Navigating California Streets

Self-driving car prototypes appear to be getting better at negotiating California streets and highways without a human backup driver intervening, according to data made public by California transportation regulators. The data reflect safety-related incidents reported by 11 companies that have …

Southeast Louisiana Hit by Severe Storms, Tornadoes

The National Weather Service confirmed that an EF3 tornado on the enhanced Fujita scale, with winds between 136 mph and 165 mph, touched down in East New Orleans on Feb. 7. The twister was reported to have caused widespread damage …

Washington Insurance Commissioner Fines State Farm, Others

Washington Insurance Commissioner Mike Kreidler issued fines in January totaling $15,000 against insurance companies, agents and brokers for violating state insurance regulations. Following are the entities, the fines and Kreidler’s reasoning for issuing those fines: State Farm Fire & Casualty …

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