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$150M Awarded in 1998 Arkansas School Shooting Lawsuit

A judge overseeing a civil lawsuit in northeast Arkansas on Monday awarded $150 million to the families of five people who were fatally shot outside an Arkansas school in 1998. Andrew Golden and Mitchell Johnson set off a fire alarm …

12th Annual Texas Hurricane Tour Begins

The Insurance Council of Texas (ICT) will lead a team of insurance experts and meteorologists in educating coastal Texans about the need for insurance coverage and hurricane preparedness as part of our 12th annual Hurricane Tour. The purpose is to …

Using Big Data to Predict and Prevent Power Outages

High-speed winds during a thunderstorm may cause trees around an electric grid to crash into the distribution system feeders causing an outage in that area. Currently, most utility companies diminish such accidents by scheduling regular tree-trimming operations. This effort is …

New Jersey Legislators Tout Flood Insurance Reform Legislation

Five years after Superstorm Sandy devastated towns along the New Jersey shore, Sen. Bob Menendez and Rep. Frank Pallone want changes made to federal flood insurance they said will fix a system that often failed beleaguered homeowners. Speaking Thursday on …

Drugged Driving a Rising Problem

An SUV crashed after all four occupants overdosed on heroin in North Carolina. The same day, a man in Williamsport, Pennsylvania, grabbed the steering wheel after his grandson lost consciousness while driving. Police in the city of 30,000 responded to …

Connected Cars, Roads Could Eliminate Wrong-Way Driving

Kevin Balke turned his SUV southeastward, checked his instruments and confirmed he was ready. Nearly a mile of concrete stood before him with plenty of room to run, but he wouldn’t need all of it to prove his point – …

Business News: Travelers, ISO, IAIABC

Travelers Completes Acquisition of UK-Based Simply Business The Travelers Companies, Inc.completed its previously announced acquisition of Simply Business, a leading provider of small business insurance policies in the United Kingdom, offering products online on behalf of a broad panel of …

Express Scripts Will Limit Drug for First Time Opioid Users

The nation’s largest pharmacy benefit manager will soon limit the number and strength of opioid drugs prescribed to first-time users as part of a wide-ranging effort to curb an epidemic affecting millions of Americans. But the new program from Express …

Louisiana Governor Wants to Broaden Homeowner Flood Grants

Gov. John Bel Edwards announced Wednesday he wants to broaden Louisiana’s flood aid program to include homeowners whose flood insurance proceeds didn’t cover their rebuilding costs and to boost grant amounts. Initial limits setting homeowner eligibility for the rebuilding aid …

Defense Lawyer Questions Charges in Massive Utah Wildfire

A defense attorney questioned misdemeanor charges against a man accused of accidentally sparking a massive Utah wildfire that destroyed 13 homes and cost some $40 million to fight. Attorney Andrew Deiss said after a Tuesday court hearing that part of …

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