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

The New Cyber Insurance Paradigm

Across industries, many mature organizations have become acutely aware that their industrial-based business models, which strive for control, efficiency and scale, are not designed for speed, innovation or individualized customer experiences. Corporate leaders have no option but to consider using cloud-based platforms, but that introduces new vulnerabilities.
May 18, 2018 Excess & Surplus Lines

Loaded School Bus Torn Apart In Collision With Dump Truck, Two Dead

A student and a teacher were killed and 43 others injured when a school bus with preteens on a field trip collided with a dump truck on a New Jersey highway on Thursday, ripping the bus apart and leaving students dangling by seat belts, officials said.
May 18, 2018 Auto Excess & Surplus Lines Liability New Jersey

Tons Of Contaminated Soil Removed From Fort Peck Reservation Oil Spill Site

Cleanup crews have so far removed an estimated 1,435 tons of soil that was tainted by an oil spill discovered on the Fort Peck Reservation on April 27.
May 17, 2018 Excess & Surplus Lines Liability Montana

$50K In Fire Damage After Lightning Strikes Apartments

Dawn DiIenno of Mill Creek said she heard a huge crack Saturday night and saw a light that lit up the whole house. She ran upstairs to make sure her roof wasn’t on fire.
May 14, 2018 Excess & Surplus Lines Property Delaware

Central Pennsylvania Welding Fire Destroys Truck Shop, Causes $1.2M In Damage

A welding fire set off a two-alarm blaze Tuesday afternoon that destroyed a central Pennsylvania truck shop and caused $1.2 million worth of damage.
May 10, 2018 Excess & Surplus Lines Property Pennsylvania

13 Businesses Damaged By Building Fire In North Kansas City, Missouri

Smoke filled the air Tuesday for miles after a building in the heart of downtown North Kansas City caught fire.
May 9, 2018 Excess & Surplus Lines Property Missouri

$500K Worth Of Jewelry Taken In Smash-And Grab Inside North Carolina Mall

A couple of burglary suspects managed to steal half a million dollars worth of merchandise from one North Carolina jewelry store.
In just six minutes, the owners of Artisan Jewelers in Cary say the thieves made off with hundreds of thousands worth of gold, diamonds and watches.
May 8, 2018 Excess & Surplus Lines North Carolina

Brick Wall Collapse Crushes 7 Cars In North Columbus, Ohio

The wind might be to blame for a brick wall collapse that smashed seven parked cars in north Columbus. It happened Friday afternoon at the Harvard Square apartment complex off of West Henderson Road. Some people spent the day digging out their cars from under the brick.
May 7, 2018 Auto Excess & Surplus Lines Liability Subrogation Ohio
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