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

Officials, Petroleum Council Tout New North Dakota Oilfield Safety Program

The North Dakota Petroleum Council and state officials say a new oilfield safety training program, 18 months in the making, will be a time-saver for tens of thousands of contract workers. Fifty oil companies worked on the standards for the …

Feds Probing Repairs Made on Plane in Hawaii Crash

Federal investigators will review repair and inspection records on the skydiving plane that became inverted before crashing shortly after takeoff on Oahu’s North Shore, killing all 11 people on board in the deadliest civil aviation accident since 2011. The same …

Oregon Lawmakers Repealed Tsunami Zone Building Law

The Oregon Legislature has repealed a nearly 25-year-old law prohibiting new schools, hospitals, jails, and police and fire stations from being built in the state’s tsunami inundation zone. The Statesman Journal reported that coastal legislators, who pushed the bill, say …

Four California Men Involved Alleged Organized Auto Insurance Fraud Ring

Detectives from the California Department of Insurance have arrested Ameer Almassou, Bariq Aleyada, and Ziad Jaber Jaber for allegedly stealing more than $22,000 from auto insurers by filing fraudulent insurance claims. One additional suspect, Muhamed El Gererey, self-surrendered. The scheme …

Topa in California Names Yates Assistant Vice President of Claims

Topa Insurance Co. has named Kelly Yates assistant vice president of claims. Yates will be located in Topa’s Calabasas, Calif. office. Yates has oversight of Topa’s property and commercial auto business and its special investigations unit. He has more than …

Reuters Report: How Judges’ Secrecy Has Added to Toll of Opioids and Other Products

WELCH, West Virginia —The opioid epidemic that has so far killed half a million Americans is routinely blamed on greedy drug makers, feckless doctors and lax regulators. But there’s another group that has contributed to the depth and duration of …

Specialty Broker Ed Expands to Bermuda

Reinsurance and specialty broker Ed said it has received regulatory approval from the Bermuda Monetary Authority for its new operation in Bermuda. Ed Bermuda will provide its multiline broking services through TradEd, its proprietary trading platform. Opening in Bermuda underpins …

Vote Expected on Federal Funds to Test Connecticut Crumbling Foundations

Federal legislation that sets aside $4 million in federal funds to study the effects of the mineral pyrrhotite on concrete aggregate has advanced in the U.S. Congress. Democratic U.S. Joe Courtney, whose eastern Connecticut district includes homeowners with basements crumbling …

World Insurance Associates Acquires New Jersey’s Links Insurance Services

World Insurance Associates LLC (WIA), an independent insurance agency headquartered in Tinton Falls, N.J., has acquired Links Insurance Services LLC of Wall, N.J., on June 13, 2019. Links Insurance Services LLC was established in October 2001. The agency seeks to …

Report Says Major Hurricane Could Cost Virginia $40B

Experts say that southeastern Virginia could suffer $40 billion in losses if it’s struck by a major hurricane. Professors from Old Dominion University said in a recent report that the damages could seriously puncture the regional economy. The June 12 …