Archive for May 2018
Officials in Harvey-Hit County Pick August for Flood Control Bond Vote
Officials in the Texas county hardest hit by Hurricane Harvey voted on Tuesday to request that an August special election be set for a bond referendum in which residents could be asked to approve as much as $2.5 billion to … Source: Claims Journal
Read MoreN.Y. Regulators Say NRA-Branded Liability Insurance Program Is Unlawful
A National Rifle Association-branded insurance program unlawfully provided liability coverage to gun owners in the event they were charged with a crime involving their firearms, according to New York state regulators. Lockton Cos., which administered the insurance, and an affiliate … Source: Claims Journal
Read MoreSouthwest Jet With Cracked Window Diverts for Inspection
A Southwest Airlines Co. jetliner made an unscheduled landing after a window cracked, two weeks after an accident on a separate plane in which a passenger was partially sucked out of a destroyed window and died. Flight 957 from Chicago-Midway … Source: Claims Journal
Read MoreIllinois House OKs Bill to Develop State-Financed Workers’ Comp Insurer
Illinois’ House of Representatives has passed a bill that would create a state-monitored insurance company with the intention of driving down workers’ compensation insurance costs in the state. The House voted 62-43 on a plan that would establish an independent … Source: Claims Journal
Read MorePennsylvania Governor Vetoes Bill to Adopt Workers’ Comp Drug Formulary
Gov. Tom Wolf is vetoing a bill that would have directed prescription drugs to be ordered off a formulary under Pennsylvania’s workers’ compensation program. Wolf, a Democrat, said in a statement Friday that the drug formulary proposal would have saved … Source: Claims Journal
Read MoreCrashes Seem to Slow Self-Driving Car Pioneers’ Progress
A series of high-profile accidents involving self-driving cars are slowing the mad rush into the autonomous vehicles business, according to a report issued Wednesday. The accidents, some of them fatal, have ignited a debate about how to regulate the safety … Source: Claims Journal
Read MoreTexting While Driving on the Rise Despite More Laws Banning it
It’s going to be a banner year for trial lawyers and a tough year for auto insurers. More than 3,000 people are killed on U.S. roads every year in distracted driving crashes, and the use of cellphones while driving has … Source: Claims Journal
Read MoreCalifornia DOI Approves First Coverage Protecting Landlords Leasing to Marijuana Industry
The first insurance coverage for commercial landlords that addresses risks specific to renting to cannabis businesses, has been approved by California Insurance Commissioner Dave Jones. California Mutual Insurance Company is the first insurer in the state approved to add Lessor’s … Source: Claims Journal
Read MorePCI: Aftermarket Parts Legislation Could Impact R.I. Auto Insurance Rates
According to a newly released research brief by the Property Casualty Insurers Association of America (PCI), the negative impacts of 20 pieces of legislation promoted by the Auto Body Association of Rhode Island (ABARI) that have become law since 2003 … Source: Claims Journal
Read MoreWeather May Have Brought About Reduction in Motorcyclist Traffic Deaths Last Year
Motorcyclist deaths reportedly declined an estimated 5.6 percent in 2017, according to a new report from the Governors Highway Safety Association (GHSA) that projected that 4,990 people were killed on motorcycles in 2017. This number, based on preliminary data provided … Source: Claims Journal
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