Monthly Archives: <span>January 2017</span>

Waivers Of Subrogation Endorsements Are Like Onions

A recent Texas Court of Appeals decision parsing the wording of a workers’ compensation policy’s waiver of subrogation endorsement reminds us that, like an onion, a waiver endorsement has many layers and should be peeled back fully before giving up …

Higher Frequency Doesn’t Equate to Stronger Hurricanes for Atlantic Coast

Active Atlantic hurricane periods, like the one we are in now, are not necessarily a harbinger of more, rapidly intensifying hurricanes along the U.S. coast, according to new research performed at the University of Wisconsin-Madison. In fact, the research — …

Allstate Recently Acquired Mobile Device Insurer Reveals 5 Years of Losses

Allstate Corp. said that the mobile device insurer that it acquired for $1.4 billion had posted five years of losses before the deal. SquareTrade Holding Co.’s annual loss narrowed to $26.5 million in 2015 from $37.4 million in 2014, Northbrook, …

BMW Will Deploy Self-Driving 7-Series on Roads This Year

BMW AG will dispatch a fleet of autonomous vehicles to U.S. and European cities in this year’s second half, the next step in its partnership with Mobileye NV and Intel Corp. to introduce fully self-driving vehicles by 2021. The German …

Federal Appeals Court Finds Luxury Condo Owner’s Suit Filed too Late Against Insurer

A luxury high rise condominium located in Las Vegas, Nevada, was found to have been barred from recovery of its $5 million window damage claim, according to a ruling by the Ninth Circuit of the U.S. Court of Appeals. The …

Munich Re: 2016 Global Natural Catastrophe Losses Climb, Total $175B

A number of devastating earthquakes and powerful storms made 2016 the costliest twelve months for natural catastrophe losses in the last four years, according to Munich Re. Losses totaled $175 billion, more than two thirds above the previous year and …

Utah Pet Advocates Push Dog Shelter Rules for Owners

Utah’s animal protection advocates are pushing for a new law that would require dog owners to provide adequate shelter for their pets during extreme weather or face animal-cruelty charges. Current law already requires shelter, but fails to define what that …

After Source of Explosion is Found, SpaceX Plans New Launch

SpaceX plans to resume flights as early as next week after finding the cause of an explosion that destroyed a rocket and satellite on a Florida launch pad in September. The Hawthorne, California-based company is aiming for a Sunday, Jan. …

U.S. to Study Using Sand From Bahamas to Protect Florida Coast

A potential solution to a troublesome sand shortage off Southeast Florida is tucked away in a massive water resources funding bill President Barack Obama signed into law last month. The 2016 Water Resources Development Act authorizes the Army Corps of …

Cause of Death Released in Colorado Ski Lift Fall

A Texas woman who fell from a chairlift at a small Colorado ski resort last week died from a rupture of the aorta and other traumatic injuries, an autopsy has concluded. Kelly Huber, 40, of San Antonio fell 20 feet …