Insurers To Pay Nearly $1B For World Trade Center Developer’s 9/11 Claims

The developer of the World Trade Center in New York has reached a $95.2 million settlement of all claims against American Airlines Group Inc, United Continental Holdings Inc and other aviation defendants stemming from the Sept. 11, 2001 attacks, which involved the carriers’ hijacked planes.
November 22, 2017 Excess & Surplus Lines Litigation New York

Fire Follows Explosions At New York Cosmetics Plant, 33 Injured

Emergency crews responded to the scene of an explosion and fire that killed one man and injured more than 30 people, including firefighters, at a manufacturing plant in New York’s Hudson Valley.
November 21, 2017 Excess & Surplus Lines Workers' Compensation New York

3 Dead After Medical Helicopter Crash In Eastern Arkansas

Officials say a medical helicopter has crashed in rural Arkansas, killing all three people on board. The Arkansas Department of Emergency Management confirms the helicopter went down Sunday night near the Arkansas County town of DeWitt, about 60 miles (100 kilometers) southeast of Little Rock.
November 20, 2017 Excess & Surplus Lines Workers' Compensation Arkansas

Blaze Guts Manhattan Apartment Building

A tenant who was missing after their upper Manhattan apartment building went up in flames has been accounted for, police said Saturday, meaning no one is believed to have been killed in the massive blaze.
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November 20, 2017 Excess & Surplus Lines New York

Keystone Pipeline Springs A Leak In South Dakota

A total of 210,000 gallons of oil leaked Thursday from the Keystone pipeline in South Dakota, the pipeline’s operator, TransCanada, said. The leak comes just days before Nebraska officials announce a decision on whether the proposed Keystone XL Pipeline, a sister project, can move forward.
November 17, 2017 Excess & Surplus Lines South Dakota

Fuel Tanker Causes Pileup On Foggy Georgia Parkway

In a mid-morning update, Gainesville Police said there were 10, possibly 12, vehicles involved in a traffic accident on Ga. 60/Queen City Parkway that sent several people to the hospital this morning.
November 16, 2017 Auto Excess & Surplus Lines Liability Georgia

Insurance Experts Monitor Evolving Cyber, Environmental Risks

Evolving ransomware risks remain a significant concern for the cyber insurance market, while environmental insurers are carefully monitoring developing mold claims.
November 15, 2017 Excess & Surplus Lines

Worried About Hackers, States Turn To Cyber Insurance

As the threat from hackers and cybercriminals intensifies, a growing number of states are buying cyber insurance to protect themselves — and taxpayers. “It’s expensive. It’s a big budget item for us. But it’s absolutely worth it,” said Michael Hussey, Utah’s chief information officer. “You’re seeing breaches now that cost companies and states millions and millions of dollars.”
November 14, 2017 Excess & Surplus Lines Georgia Montana Utah Wyoming

Small Plane Crashes In Southern Kentucky, 4 Dead

A small, single-engine plane has crashed in Barren County, Kentucky. A Piper PA32 destined for the Lake Cumberland Regional Airport in Somerset crashed just before 2:30 p.m. near Glasgow, according to the Federal Aviation Administration.
November 13, 2017 Excess & Surplus Lines Kentucky

Partiers Collapse Third Floor In Texas College Apartments

A party in Denton turned into terror and chaos when the third floor at a student housing complex collapsed. Most of the people affected by the collapse at the Ridge Apartments are okay, but now, dozens of University of North Texas students don’t have a home.
November 13, 2017 Excess & Surplus Lines Texas

Reported Costs Of Cyberattacks Are ‘Tip Of The Iceberg’ — QBE

The mass media only reports the tip of the iceberg when it comes to cyberattacks. The real cost of a cyber claim remains drastically underreported, according to Scott Pidduck, senior underwriter at QBE Insurance Group.
November 9, 2017 Excess & Surplus Lines Risk Management

Roy Halladay, Ex-Major League Pitching Star, Dies In Plane Crash Off Florida

Retired Major League Baseball pitcher Roy Halladay, who twice won the game’s top pitching award and threw one of only two no-hitters in postseason history, died on Tuesday when his small plane crashed off the west coast of central Florida. He was 40.
November 8, 2017 Excess & Surplus Lines Florida

Moving Dangerous Product By Rail Continues To Be Popular, Despite Lac-Mégantic Disaster

Despite the Lac-Mégantic train derailment in July 2013 that claimed the lives of 47 people, destroyed more than 30 buildings and released about 6.3 million litres of oil into the environment, “moving any type of dangerous product by rail continues to be a very popular endeavour,” a speaker said last week at the Canadian Risk and Insurance Education Forum.
November 7, 2017 Excess & Surplus Lines Liability

Eight New Pickups Stolen From Georgia Dealership

Police are searching for several suspects after as many as eight new Chevrolet and GMC pickup trucks were stolen from a dealership in Newnan early Monday morning.
November 6, 2017 Excess & Surplus Lines Georgia

Trio Of Dodge Challenger SRT Demons Burned On Transport Truck

A trio of new Dodge Challenger SRT Demons were destroyed in a hellacious blaze while they were being shipped to their owners, but all three will be resurrected.
November 3, 2017 Excess & Surplus Lines Michigan
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