News

New York-Based Insurer Says U.S. Has Lifted Sanctions for Iranian Oil Cargoes

A U.S.-based insurer to the global shipping industry said it got government authorization to cover non-American companies transporting oil from Iran, potentially helping the Persian Gulf country to revive exports of crude and petroleum products following the lifting of sanctions …

Tennessee Warns of Hoverboard Dangers After 2 Nashville Home Fires

The Tennessee State Fire Marshal’s Office (SFMO) has renewed a consumer alert about the potential fire hazards of so-called “hoverboard” toys after two fires were caused by these devices in the past three months in Nashville. One of the fires …

Everest’s Crop Insurance Unit Partners with Global Ag Risk Solutions

Everest Re Group, Ltd. has formed a strategic alliance between its U.S. crop insurance unit, Heartland Crop Insurance, Inc., and Global Ag Risk Solutions (GARS). The new partnership will deliver GARS Production Cost Insurance to farms across the U.S. through …

Self-Employed Who Are Ineligible for ACA Subsidies Worry About Costs

George Banyas is self-employed, having run a successful optometry business in Richland, Pennsylvania, for the past 15 years. He and his wife have two children, both in their early 20s and attending college. While his business has afforded his family …

Missouri Senators Debate Government Role in Road Safety

Bills governing seat belt use, texting while driving and helmet requirements for motorcyclists prompted debate in a Missouri Senate committee over whether the government should play a larger role in road safety. Two bills — one sponsored by Republican Sen. …

Louisiana Using New Way to Collect Fines for Auto Insurance Lapses

Louisiana has implemented new ways of collecting fines from people the state believes are driving without insurance. The Advocate reports the recently formed Office of Debt Recovery has the authority to extract money from bank accounts, intercept tax refunds and …

Buildings, Tractors Burn in Louisiana Wildfires

Louisiana state forestry officials reported another wildfire in Natchitoches Parish, along Louisiana Highway 117 southwest of Natchitoches. Firefighters were dispatched to the scene after a building fire spread into a wooded area. Earlier this week about 871 acres, four buildings, …

Connecticut Announces Its 10th Captive Insurer

The Connecticut Insurance Department announced that a Syosset, New York-based construction services firm, RC Structures, is establishing its captive insurance operations in Connecticut. The new captive, called RCX Insurance Company, is the 10th licensed captive insurer in Connecticut. “RC Structures …

Houston Jury Awards Family $53M for Kyle Field Demolition Fatality

Relatives of a demolition worker have been awarded $53 million over his 2013 death after falling four stories during renovation of Texas A&M’s Kyle Field. Jurors in Houston on decided on damages in the negligence lawsuit filed on behalf of …

Chicago Taxis Aim to Counter Ride-Hailing Industry with Apps

Chicago’s taxicab industry has rolled out two official ride-hailing apps to compete with the likes of Uber and Lyft. The department that regulates Chicago’s taxi industry announced a marketing campaign to publicize the apps, Arro and Curb. The city chose …

News Archives by Month