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California’s Cannabis Insurance Marketplace Continues To Grow With Commissioner’s Latest Approval

Insurance Commissioner Dave Jones announced today he has approved the first Cannabis Business Owners Policy (CannaBOP) in the State of California. The American Association of Insurance Services (AAIS) designed the new CannaBOP program for cannabis dispensaries, storage facilities, processors, manufacturers, distributors, and other cannabis-related businesses operating in the state.
June 5, 2018 Excess & Surplus Lines Liability Property California

Cracked Windshield Forces American Airlines Emergency Landing

A hail storm cracked the windshield of an American Airlines jetliner headed to Phoenix and forced it to divert to El Paso, Texas, Sunday night, officials said.
June 4, 2018 Excess & Surplus Lines Arizona Texas

Weinstein’s Clash With Insurance Companies Rages On

Already at the mercy of mounting legal bills, embattled former film producer Harvey Weinstein also has to contend with his insurers – which have not only denied him coverage for legal costs, but have also launched lawsuits of their own against him.
May 31, 2018 Excess & Surplus Lines Liability Litigation California

Crane Collapses Upon Two Lauderhill, Florida Homes

A massive task was at hand Wednesday night as crews worked to dismantle a crane that somehow toppled over and fell on two homes in Lauderhill causing minor injuries to two people.
May 31, 2018 Excess & Surplus Lines Liability Property Subrogation Florida

Four Takeaways From The ‘Roseanne’ Cancellation

On Tuesday afternoon, one of the strangest chapters in recent TV history came to a swift and ignominious end. In the wake of a racist Twitter post by Roseanne Barr, Roseanne, the sitcom revival turned latest front in an ongoing culture war, was canceled.
May 30, 2018 Excess & Surplus Lines Liability

4 Killed, 13 Injured In Fiery Pileup On Louisiana Highway

A horrific crash on a Louisiana highway Saturday left several cars little more than a pile of ash and twisted metal. Four people were killed and 13 others were injured in the accident, which involved two tractor trailers and multiple cars, officials said.
May 29, 2018 Auto Excess & Surplus Lines Liability Subrogation Louisiana

How One Recalled SUV Destroyed $45M In Cars, Burned A Massive Ship, And Sparked A Legal Battle Between Ford And BMW

Mary didn’t know anything was wrong with her old Ford SUV when it was loaded onto a container ship in Europe in mid-2015. But she found out the hard way when it caught fire below deck, taking $45 million worth of other cars with it, causing another $55 million in damage to the vessel and its cargo, and sparking a legal fight between two car companies and the U.S. Department of Justice that remains ongoing.
May 25, 2018 Excess & Surplus Lines Liability Litigation Marine Subrogation

NTSB Advocates For Seat Belts On School Buses In Wake Of Fatal Wrecks

For the first time, the National Transportation Safety Board is recommending all new school buses be equipped with lap and shoulder seat belts, after the agency released findings from a special investigation report prompted by two deadly 2016 crashes.
May 24, 2018 Excess & Surplus Lines Legislation & Regulation Alabama Alaska Arizona Arkansas California

Cyber Insurance Providers May Face Greater Risk Than Natural Disasters

Data increasingly shows that the cost of a massive cyberattack can be more costly than a hurricane.
May 24, 2018 Excess & Surplus Lines Technology

Driver In Fatal New Jersey School Bus Crash Had 14 License Suspensions

The reported driver of the New Jersey school bus that collided with a dump truck last week, leaving two dead, has a long history of tickets, moving violations and license suspensions, the New Jersey Motor Vehicle Commission confirmed Tuesday.
May 24, 2018 Excess & Surplus Lines Liability Litigation New Jersey

$40 Million Settlement In Seattle Helicopter Crash

Two men injured in the 2014 KOMO helicopter crash obtained a $40 million settlement yesterday. The settlement was reached during a trial spread over the course of five weeks.
May 23, 2018 Excess & Surplus Lines Liability Litigation Oregon Washington

Americans Survive Private Jet Crash In Honduras

A private jet carrying a group of Americans from Texas crashed off the end of the runway at Tegucigalpa’s airport Tuesday, but the crew and passengers were rescued, according to Honduras emergency management agency.
May 23, 2018 Excess & Surplus Lines Liability Texas Utah

Michigan Auto Parts Plant Fire: $8 Million In Losses

An explosion during an auto parts plant fire that ultimately stopped production of the Ford F-150 was so violent that it threw a worker through the air into a door jamb. Vehicles in the parking lot caught fire and were damaged by flying debris.
May 22, 2018 Excess & Surplus Lines Property Workers' Compensation Michigan

Lava Creeps Onto Geothermal Plant Site On Hawaii’s Big Island

Molten lava from the erupting Kilauea Volcano on Hawaii’s Big Island crept onto a geothermal power plant site on Monday, as workers rushed to shut down the facility to prevent the uncontrollable release of toxic gases.
May 22, 2018 Excess & Surplus Lines Property Hawaii

The Challenge With Insuring Autonomous Ships

The large body of regulations known as maritime law should be addressed before or in concert with insurance considerations when it comes to autonomous vessels, British Columbia-based author Blake Desaulniers told Canadian Underwriter last week.
May 21, 2018 Excess & Surplus Lines Legislation & Regulation Technology
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