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

No Advertising Injury Coverage For Sale of Counterfeit Goods

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, …

Missouri River Dams Credited With Mitigating 2011 Floods

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 …

Texas College Launches Flash Flood App

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 …

New York Bill Seeks to Extend Medical Malpractice Lawsuit Deadline

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 …

Illinois Task Force Rattled by Spike in Metal Thefts

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 …

Michigan House OKs Repeal of Inadvertent Auto Insurance Tax Credit

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 …

Zika Risk May Lead to Limited Insurance Coverage for Sporting Events

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 …

Paris Landmarks Shut Down as Seine Rises to Highest Level in 35 Years

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 …

California Tops NICB’s 2015 Hot Spots Vehicle Theft Report

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 …

GM, Regulators Disagree on Latest Takata Airbag Recall

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 …