June 7, 2016
Applying New York law, the United States Court of Appeals for the Second Circuit held that there was no advertising injury indemnity insurance coverage for nearly $35 million in judgments against an off-price luxury goods vendor, insured Ashley Reed Trading, …
June 7, 2016
In 2011, the U.S. Army Corps of Engineers was hanging on to the Missouri River like an experienced horseman reining in a wild stallion. Through the spring and a long wet summer, the corps used every mechanism and feature it …
June 7, 2016
Stormy weather swept across much of Texas over this past week, and a new weather app is designed to help with flash flooding. University of Texas at Arlington associate professor D.J. Seo has launching the crowdsourcing app, iSeeFlood, that will …
June 7, 2016
Legislation before state lawmakers in New York would significantly change medical malpractice law by allowing patients to sue years after an alleged misdiagnosis or mistreatment. Patients currently must file lawsuits within 21/2 years after the alleged malpractice. The bill would …
June 7, 2016
Illinois lawmakers have convened a task force to investigate a spike in the theft of recyclable metals. There was a spike in thefts a few years ago when the price of copper and other recyclable metals rose. Copper wiring and …
June 7, 2016
The Legislature is close to repealing an annual tax break worth tens of millions of dollars that was inadvertently given to auto insurers four years ago, a move agreed to as part of a state budget deal. The Republican-led House …
June 6, 2016
Continued Zika virus warnings may dampen summer sporting events, such as the Summer Olympics which is set to be hosted by Rio de Janeiro in August, as insurers weigh the risk of insuring such events in the midst of another …
June 6, 2016
The swollen Seine River kept rising Friday, spilling into Paris streets and forcing one landmark after another to shut down as it surged to its highest levels in nearly 35 years. Across the city, museums, parks and cemeteries were being …
June 6, 2016
California’s Modesto Metropolitan Statistical Area (MSA) had the nation’s highest per capita vehicle theft rate in 2015, according to the National Insurance Crime Bureau’s (NICB) latest Hot Spots report. Moreover, California owned eight of the top 10 hot spots for …
June 6, 2016
The push by U.S. auto safety regulators to replace potentially dangerous Takata air bag inflators in millions of vehicles is running into resistance from General Motors Co, documents released on Thursday show. GM’s response highlights the challenges that the Takata …