Monthly Archives: <span>March 2016</span>

Missouri Bar Owner Struggles Financially After 2015 Flood

Bar owner Scott Coleman once had no problem giving money away. But that was before the flood. The St. Louis Post-Dispatch reports that when a regular walked into his Some Other Place Bar and Grill after disappearing for a few …

Oklahoma Releases Another Plan to Reduce Temblors

State regulators asked oil and natural gas producers in central Oklahoma to decrease their wastewater disposal operations to try to temper the sharp increase in the number and severity of earthquakes in the energy-rich state. The proposal released by the …

Bad Faith Suits Begin Targeting Coverage Counsel

A new trend has emerged in which coverage counsel are being sued by third parties for aiding and abetting insurer clients’ bad faith, according to a panel session on the subject hosted by the American Bar Association’s annual Tort Trial …

Business News

PDA Extends Appraisal Services to Financial Sector Property Damage Appraisers (PDA) is spreading the word about one of its core business practices that many may not know about – financial services. PDA’s appraisal services are ideal for banks, credit unions …

Volunteer Storm Spotters Help Experts Track Bad Weather in Texas

Tricia Clarke stood on a Lakeway hilltop, winds threatening to snatch the ball cap from her head, and pointed across miles of rolling, scrub-covered limestone countryside, past the distant blue line of Lake Travis, to a spot nearly 55 miles …

More People Threatened by Sea Level Rise Than Previously Thought

More people live close to sea coast than earlier estimated, assess researchers in a new study. These people are the most vulnerable to the rise of the sea level as well as to the increased number of floods and intensified …

AIG CEO Frees Up Capital With Swiss Re Risk-Share Deal

American International Group Inc., the insurer stung by losses on higher-than-expected claims costs, said Swiss Re AG has agreed to take on some of the company’s risks tied to casualty policies. The two-year reinsurance deal will help AIG be more …

Stricter Rules Proposed for Drone Users in Senate Bill

All U.S. drone operators would for the first time have to prove they understand aviation regulations under broad legislation introduced Wednesday in the Senate. A bill setting policy for the Federal Aviation Administration includes several new drone provisions, including a …

Risk of Being in an Avalanche Drops in Groups of 2 or Less

Avalanches are the primary hazard for winter backcountry recreationists and cause numerous deaths and injuries annually. As winter backcountry activities increase in popularity, avalanches are a very real risk for adventurers who choose to travel off the beaten path. A …

Farmers Data Outlines Hazards Related to Spring Weather

The start of spring means it’s the season for wet and often wicked weather, which can be unpredictable and may include sudden, severe and damaging hail storms that homeowners must endure, according to the Farmers Insurance Seasonal Smarts Digest. Farmers …