Yearly Archives: <span>2017</span>

BHSI Launches Financial Institution Professional Indemnity Insurance in Asia

Berkshire Hathaway Specialty Insurance Co. (BHSI) announced it has introduced Financial Institution Professional Indemnity (FIPI) insurance in Asia. “Financial institutions are seeing an increase in both the frequency and severity of professional indemnity claims,” said Scotland Walsh-Riddle, head of Executive …

Uncertainty Hangs Over Florida Citrus Growers After Irma’s Damage to Crops

Although the 2017-18 citrus harvest has barely begun, growers are already planning for the 2018-19 season, and they have critical decisions to make in the coming months that will affect next season’s crop and perhaps others in years to come. …

Alabama Private School Fire Sparked by Leaking Gas Injures 5

Authorities say five people were injured by a sudden fire sparked by leaking gas at a Catholic school on the Alabama coast. News outlets report the flames erupted Saturday inside a kitchen at St. Vincent de Paul School in Mobile. …

New AIG Cyber Model to Evaluate, Score Client Cyber Risk

American International Group, Inc. has launched a new cyber benchmarking model that quantifies and scores client cyber risk. The AIG model evaluates a client’s cyber security maturity against 10 common attack patterns across 11 commonly used technology devices. The model …

Arkansas Medical Board OKs Draft Regulations Aimed at Curbing Opioid Abuse

The Arkansas State Medical Board has approved draft regulations aimed at reducing opioid abuse. The board unanimously voted in favor of the regulations on Dec. 7. The requirements are based on guidelines issued last year by the federal Centers for …

5 Sentenced in Ohio for Insurance Fraud

The Ohio Department of Insurance reported that five people were recently sentenced for insurance-related crimes following investigations by the department. Clermont County/Shandell Thomas and Aaron Thomas In October, Shandell Thomas, of Cincinnati, was sentenced in court to five years of …

Texas Workers’ Comp Commissioner: Post-Harvey Deadline Extensions to End in January

The Texas Department of Insurance – Division of Workers’ Compensation has issued a bulletin announcing a date for the end of extensions for workers’ comp deadlines and procedures related to Hurricane Harvey. Due to gubernatorial disaster proclamations issued after Hurricane …

Safety Group Says GM’s In-Car Shopping App Encourages Distracted Driving

A new in-car application from General Motors Co. that lets drivers order coffee and browse for hotels while behind the wheel has been met with outcry from a prominent safety group. The app, dubbed Marketplace, allows drivers to browse deals …

Special Reuters Report: The High Cost of Building in High Flood Risk Areas

When Hurricane Harvey sent two feet of water rolling into this small community about 35 miles north of Houston, Alfredo Becerra had to flee his modest 1,500-square-foot house. Muddy floodwater submerged the furniture and ruined carpet inside the construction worker’s …

Woman Wounded in Las Vegas Shooting Drops ‘Bump Stock’ Maker from Suit

The maker of a rapid-fire gun accessory that police say was used in the Oct. 1 mass shooting that killed 58 people and left hundreds injured at an open-air concert on the Las Vegas Strip has been removed from a …