Monthly Archives: <span>March 2019</span>

Judge Nixes Trump Administration’s Low-Cost Association Health Plans for Small Firms

A federal judge has struck down a small-business health insurance plan widely touted by President Donald Trump, the second setback in a week for the administration’s health care initiatives. U.S. District Judge John D. Bates wrote in his opinion late …

Fire Knocks Out Power to 22K People in South Florida

Authorities in Florida say a fire at a power utility substation left thousands of people without power in Broward County. News outlets report an explosion at a Florida Power & Light substation in Fort Lauderdale late Tuesday interrupted service and …

Strong Storm Causes Hail Damage in Central Florida

A series of hail storms in central Florida dinged up car windshields and blew off pool screens in an unusual sight for the Sunshine State. In tiny Trenton, the streets were covered in so much hail that it resembled a …

New Investment Management Coverage from Berkley Targets Asset, Fund Managers

Berkley Professional Liability, a Berkley Company, has expanded its product offerings to include a primary management liability policy for investment advisors and funds. The new customizable policy offers a choice of coverage options, including investment adviser professional liability, fund professional …

Missouri Bill Could Exempt 1M Vehicles from Safety Inspections

Mandatory safety inspections would no longer be required for more than a million vehicles on Missouri’s roads under legislation passed by the state House. Safety inspections currently are required every other year for all vehicles more than five years old. …

CEO of Texas Petrochemical Tank Facility Apologizes for Fire

The chief executive of a Houston-area petrochemical storage company has apologized more than a week after a fire erupted, causing school closures, an order for residents to stay indoors and the partial closure of a critical commercial waterway. Intercontinental Terminals …

Rare Manuscript Museum in St. Louis Badly Damaged by Fire

A 107-year-old St. Louis, Missouri, building that houses rare manuscripts was badly damaged in a fire, but the museum’s owner says the manuscripts were spared and he plans to rebuild. The fire broke out Tuesday night at the Karpeles Manuscript …

Michigan’s Unique Auto Fee Will Rise to $220 per Vehicle in July

Michigan’s mandatory fee to cover unlimited medical benefits for catastrophically injured drivers is rising to a record $220 per vehicle, which is more than double what it was a decade ago. The Michigan Catastrophic Claims Association, a state-created entity that …

Surplus Lines Windstorm/Hail Bills Move Forward in Texas Legislature

Legislation clarifying that eligible surplus lines insurers can provide windstorm and hail insurance, despite available coverage from the Texas Windstorm Insurance Association (TWIA), has moved forward in the Texas legislature, the Surplus Lines Stamping Office of Texas (SLTX) reported. The …

Update: Truck That Exploded in Arkansas Was Carrying Ammonium Nitrate

A commercial truck hauling a chemical commonly used as fertilizer exploded Wednesday on a highway in Arkansas, killing the driver and creating a massive crater in the road, authorities said. The explosion happened west of the city of Camden, or …