Yearly Archives: <span>2017</span>

Trump Effort to Roll Back Rail Safety Rules Questioned Following Amtrak Crash

As investigators sift through the wreckage of this week’s Amtrak train crash in Washington state, critics have begun questioning President Donald Trump’s recent efforts to roll back or delay finalizing U.S. rail safety regulations. Making American railroads safer drew renewed …

Prosecutor Claims Tennessee School Bus Driver in Deadly Crash Was on Phone

The driver in a Tennessee school bus crash that killed six elementary school students took a cell phone call at the time of the crash, a prosecutor said Tuesday. According to the Chattanooga Times Free Press, Hamilton County District Attorney …

Tennessee Returns $6.5M in Restitution to Insurance Consumers in 2017

Tennessee consumers received $9.4 million in restitution and the recovery of life insurance benefits in 2017, according to the Tennessee Department of Commerce & Insurance’s (TDCI) Consumer Insurance Services Section. Over $6.5 million was returned to Tennessee consumers in 2017 …

Weather Service Reports Possible Tornado in Southern Mississippi

The National Weather Service says a possible tornado has touched down in southern Mississippi. Forecaster Robert Ricks says people saw a funnel cloud north of the Salem community in Walthall County. Ricks says radar indicates a possible tornado formed around …

Delta Projects Revenue Hit of Up to $50M From Atlanta Airport Outage

The CEO of Delta Air Lines says the company will seek compensation for its losses after a power outage knocked out the Atlanta airport’s power supply and also its backup electricity for about 11 hours Sunday. The blackout stranded thousands …

California Commissioner Asks Insurers to Forego Detailed Home Inventories in Wake of Wildfires

California Insurance Commissioner Dave Jones is asking insurers to help California wildfire survivors by providing relief from detailed home inventories and to provide up to 100 percent of contents coverage limits without a detailed inventory. “These families have endured unimaginable …

Microsoft Wants to Pit AI Against Climate Change

Red and green make yellow. And depending on how one feels about climate change, it could be considered a cautionary tale for the U.S. that China plans to create the world’s largest carbon market, possibly making it the lead nation …

Congress OKs Stop-Gap Funding to Avoid Government Shutdown

The Senate gave final approval Thursday night to a short-term extension of federal funding to keep the government running for three more weeks while shoving a raft of fiscal and policy fights into the new year. The spending measure, which …

The Hilb Group Acquires Indiana’s Insurance Trustees

The Hilb Group LLC (THG) announced today the acquisition of Insurance Trustees Inc. in Garrett, Indiana. Founded over 100 years ago, Insurance Trustees offers a wide range of property/casualty and employee benefits insurance products and services for businesses and individuals …

Ironshore’s Pembroke Agency & GIC Re Get Nod from Lloyd’s to Form Syndicate

Ironshore Inc. announced that its Pembroke Managing Agency has been granted “in principle” approval by the Lloyd’s Franchise Board to create GIC Re’s syndicate at Lloyd’s. “The combination of Pembroke’s specialty lines underwriting capability and GIC Re’s regional expertise will …