Monthly Archives: <span>November 2015</span>

Florida to Put Fences Around Train Tracks After Fatal Crashes

The Florida Department of Transportation says it is planning to install fences around train tracks to avoid more fatal crashes. The Orlando Sentinel reports about $300,000 will go toward the fencing project that will install 6-foot chain-link fences. Steve Olson, …

Blankenship Case in Limbo in West Virginia as Jurors Struggle to Reach Verdict

After a third full day of deliberations, a jury recessed Friday without reaching a verdict in the criminal trial of ex-Massey Energy CEO Don Blankenship. Jurors had been trying since Tuesday, Nov. 17, to reach a decision. Blankenship is charged …

3 Tennessee Agents Face Disciplinary Actions, $680K in Fines by TDCI

The Tennessee Department of Commerce and Insurance (TDCI) announced disciplinary actions taken against three former Tennessee agents for misappropriation, failure to report administrative actions, and felony convictions involving fraud. The punishments were the result of months of work by TDCI’s …

South Carolina’s Agricultural Flood Loss Estimate Reaches $587M

South Carolina’s estimated agricultural losses from last month’s floods have doubled and farmers statewide are hurting, officials said. State Agriculture Commissioner Hugh Weathers initially estimated losses at $300 million, multiple news media outlets reported. Officials with his agency, however, told …

U.S. to Pursue Covered Agreement with EU for Re/Insurers

The U.S. Treasury and U.S. Trade Representative announced plans on Friday to negotiate a covered agreement on insurance with the European Union, a move it said will “level the regulatory playing field for U.S-based insurers and reinsurers.” Insurers and regulators …

FAA Task Force Recommends Requiring Registration for Most Drones

Owners of all but the smallest toy drones will have to register them with the U.S. government before the end of the year if the Obama administration adopts proposals issued by a task force it appointed. Registration — designed to …

Markel Names Gayner and Whitt as Co-CEOs; Crowley as President

Markel Corp. reported that, Thomas S. Gayner, 53, president and chief investment officer, and Richard R. Whitt, III, 51, president and co-chief operating officer, will serve as co-chief executive officers of the company starting in the new year. In addition, …

California Worker Injury Rate Lowest in 13 Years

The California Department of Industrial Relations has posted the state’s 2014 occupational injury and illness data, which offers a look at employer-reported injuries involving days away from work. The data shows that the incidence of occupational injuries remained at its …

If AIG Is Selling, Greenberg Is Listening, Says Lawyer

Maurice “Hank” Greenberg, who spent four decades at American International Group Inc., would consider investing in the insurer he helped build into the world’s largest before the financial crisis, his lawyer David Boies said. “If they’re selling, I think Hank …

Court Denies Uber’s Appeal of Class Action Filed by Aspiring Employees

A U.S. appeals court this week denied ride service Uber’s request to immediately appeal an order approving class certification in a lawsuit filed by drivers who wish to be deemed employees. The ruling, from the 9th U.S. Circuit Court of …