Monthly Archives: <span>September 2016</span>

Presidential Veto of 9/11 Saudi Arabia Lawsuit Bill Faces Possible Override

President Barack Obama on Friday vetoed legislation allowing families of victims of the Sept. 11 attacks to sue Saudi Arabia, which could prompt Congress to overturn his decision with a rare veto override, the first of his presidency. Obama said …

Protests Over Police Shooting Shut Down Downtown Charlotte

Streets appeared calm early Thursday in downtown Charlotte after a second night of violent protests over the deadly police shooting of a black man, although at least three major businesses were asking their employees to stay home for the day …

QBE North America Adds Manufacturing E&O Endorsement to Product Liability Coverage

QBE North America’s Commercial Insurance business has introduced a manufacturing E&O endorsement to its product liability product offering. The manufacturing E&O endorsement is a claims made coverage form providing broad coverage on a simple rating basis. This endorsement closes a …

Texas DPS Pledges to Work on Preventing Profiling of Motorists

The Texas Department of Public Safety says it will regularly review traffic stop data to ensure minority motorists aren’t being stopped and searched at higher rates than white drivers. DPS now will review traffic stops for individual troopers, rather than …

Tulsa Geoscience Center Gets Earthquake Sensor; Area Now Has 3

With no signs earthquakes will stop rumbling in the state anytime soon, Oklahoma museums and schools are being targeted to participate in a nationwide citizen science project that tracks — or catches — seismic activity to learn more about quakes …

Ag Disaster Declared in 24 Louisiana Parishes, 2 Texas Counties

The U.S. Department of Agriculture has named 24 Louisiana parishes and two Texas counties agricultural disaster areas because of last month’s storms and flooding. Eleven parishes are primary disaster areas, and the others are adjacent to them, the Louisiana Department …

Canada’s Regulator Tightens Capital Requirements for Mortgage Insurers

Canada’s financial services regulator released new draft capital requirements for federally regulated mortgage insurers to better reflect growing risks in the country’s housing markets. The Office of the Superintendent of Financial Institutions said Friday the new requirements, which will come …

New Mexico to go after $193M in Premium Taxes

New Mexico failed to collect at least $193 million in taxes on insurance premiums over the past five years, even as the state struggles this year to close a major budget shortfall, according to an independent review of collections. New …

Hailstorm Caused $4M in Damage to City in New Mexico

A small city in southeastern New Mexico is recovering after being hit with a strong hailstorm. The Hobbs News-Sun reported that Jal was struck this weekend with hailstones bigger than golf balls that caused an estimated $4 million in damage. …

Exxon to Pay $12M to Settle over Yellowstone Oil Spill

Exxon Mobil Corp. will pay $12 million for environmental damages caused by a pipeline break that spilled 63,000 gallons (238,474 liters) of crude into Montana’s Yellowstone River and prompted a national debate over lax pipeline safety rules, officials said Wednesday. …