Monthly Archives: <span>January 2014</span>

NSM Insurance Group Acquires American Collectors Insurance

The acquisition of American Collectors Insurance triples the collector car business NSM Insurance Group currently insures. American Collectors Insurance has been insuring collector cars and other collectibles for over 40 years. American Collectors has earned the reputation for in depth …

Historic Florida Seawall Renovated

A St. Augustine, Fla., seawall built between 1837 and 1846 has been renovated and will soon be open to the public. The wall was damaged by Hurricane Floyd in 1999 and parts of it collapsed during Tropical Storm Gabrielle in …

NFL’s $914 Million Concussion Deal Submitted for Court Approval

The National Football League could spend more than $914 million to settle claims brought by former players over head injuries, according to a proposed agreement submitted for court approval. The amount includes $675 million to compensate players for a specified …

Disasters Caused Less Damage in 2013: Munich Re

Natural catastrophes like floods and storms claimed more than 20,000 lives and caused around $125 billion in damage worldwide in 2013, well below the average of the last decade, reinsurer Munich Re said on Tuesday. The world’s largest reinsurer said …

Utah Mine Landslide Triggered Earthquakes

Last year’s gigantic landslide at a Utah copper mine probably was the biggest nonvolcanic slide in North America’s modern history, and included two rock avalanches that happened 90 minutes apart and surprisingly triggered 16 small earthquakes, University of Utah scientists …

Using Data and Analytics in Workers’ Compensation

In the workers compensation space, not only have claim costs increased because of medical issues, but the landscape has also become much more complex. Along with the elevated incidence of fraud, economic fears, and a growing dependency on prescription drugs, …

Frigid Weather Could Lead to Burst Pipes and Fallen Trees

Dangerously low temperatures, such as those enveloping the central, eastern and even southern United States, bring with them potential hazards for homeowners and drivers alike, according to the Insurance Information Institute (I.I.I.). “Severe winter weather is the third-largest cause of …

Traffic Deaths in Tennessee Down in 2013 to 988

Preliminary figures from the Tennessee Department of Safety and Homeland Security show the state had 988 traffic fatalities in 2013. That’s only the fourth time in 50 years the number has dipped under 1,000. The 2013 number is a more-than-2 …

Florida Church Closed Due to 2 Sinkholes

A church in Tarpon Springs, Fla., is closed indefinitely following the discovery of two sinkholes on the property. The Tampa Bay Times reports that the Unitarian Universalist Church of Tarpon Springs discovered the sinkholes while remodeling. The 80-member congregation is …

Heavy Rain Causes Damage at Paragould City Hall

Arkansas officials say heavy rainfall has caused major water damage at Paragould City Hall. Mayor Mike Gaskill says the damage has caused ceiling tiles and insulation to fall, and the building can’t be heated because of the damage. Gaskill says …