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Archive for March 2018

North Dakota DOT Reviews Dangerous Intersection

The North Dakota Department of Transportation is examining an intersection that some consider dangerous between Minot and the Minot Air Force Base. The agency is seeking public input following a recent fatal accident that occurred at the U.S. Highway 83 … Source: Claims Journal

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Axa Purchases XL in $15.3B Deal

Axa SA Chief Executive Officer Thomas Buberl is betting the worst is over for insurance. His $15.3 billion purchase of XL Group Ltd., the company’s biggest ever, will make Axa the top provider of commercial casualty coverage just as premiums … Source: Claims Journal

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Texas Homeowners Concerned About Zoning Changes After Harvey

Some Southeast Texas homeowners have raised concerns about houses in neighborhoods flooded by Hurricane Harvey being changed from residential to commercial zones. Several displaced residents in Dickinson worry that businesses will buy flood-damaged homes and absorb older neighborhoods, The Galveston … Source: Claims Journal

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Uber, Lyft and New York Loss Transfer

Ridesharing has officially arrived in New York, and confusion over New York no-fault insurance and PIP Loss Transfer has arrived with it. On June 29, 2017, the New York State Assembly approved, and Governor Andrew Cuomo signed, the state’s $153 … Source: Claims Journal

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Powerful Nor’easter Leads to Power Outages, Flooding

Tens of thousands of utility workers in the Northeast raced to restore power to more than 1.5 million homes and businesses just days after a powerful nor’easter caused flooding and wind damage from Virginia to Maine. As conditions slowly improved … Source: Claims Journal

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