Insurance News from May 21, 2018
National News
Big Batteries Could Pose Big Fire Risk for Cities
The new era of big batteries has already drawn scrutiny after fiery electric-car...
U.S. Cyber Market Grew 32% in 2017 But Most Small-Medium Firms Opted Out: A.M. Best
Supreme Court Backs Employers on Forced Arbitration, Limiting Employee Class Actions
Lemonade Proposes Open Source Insurance Policy for All to Change, Adopt
Icahn Sues AmTrust Directors, Claims Privatization Plan Hurts Investors
International & Reinsurance News
Adviser to China Central Bank Urges Two-Track Opening for Financial Services
China's financial services market should be opened further to foreign competition, but...
East News
Investigators Probe Cause of New Jersey School Bus Crash That Killed Two
First, a scraping sound. Then, chaos and panic as a bus taking a group of fifth-graders...
West News
Washington Orders Microsoft to Stop Using Captive Insurer
Washington's insurance commissioner issued a cease and desist order against Microsoft...
Southeast News
North Carolina Steps Up Workers’ Comp Fraud Investigations, Fines for No Coverage
North Carolina has stepped up its efforts to identify businesses not complying with...
Texas / South Central News
Gas Leak Was Cause of Explosion at Houston-Area Plant, Company Says
Officials say a gas leak caused an explosion and brief flash fire at a chemical plant...
Midwest News
Wisconsin Family Sues Over Stun Gun Death of Mentally Ill Man
The family of a mentally ill man who died after Milwaukee, Wis.-area police officers...