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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

Claims Costs In Oil And Gas Industry Increasing Despite Downturn

Despite the downturn in the oil and gas industry, claims costs are increasing, a speaker said on Thursday at the Canadian Risk and Insurance Education Forum.
November 3, 2017 Excess & Surplus Lines Liability

More Than 300 iPhone Xs Stolen From UPS Truck In San Francisco

Well, that’s one way to skip the iPhone lines. Three "husky" men in hoodies driving a white Dodge van broke into a UPS truck Wednesday while it was parked outside a San Francisco Apple Store. It was delivering 313 of Apple’s new iPhone X devices, according to a police report.
November 3, 2017 Excess & Surplus Lines California

California’s Marijuana Industry Gets Its First Insurer

Since last year, Californians are allowed to grow and possess marijuana. Now, the most populous U.S. state has taken another step to bolster the cannabis business by deciding to give insurance cover to the multi-billion dollar industry.
November 3, 2017 Excess & Surplus Lines California

More Wine Country Wildfire Victims File Suits Against PG&E

All it took Lars and Ulla Tandrup was a single glance at the blazing facade of their Quietwater Ridge home early Oct. 9 to realize they couldn’t reach their cars and would have to run for their lives.
November 2, 2017 Catastrophe Excess & Surplus Lines Liability Litigation Property California

Developer Sues Miami-Based Contractor Over Hurricane Irma Damage

Developer South Beach Group Hotels (SBGH) has filed a lawsuit against a contractor over hurricane-related damage at a construction site in Miami Beach. The developer and its affiliates alleged that the contractor, Miami-based Allied Roofing’s Fidelity GBH Group, was negligent in its duties and had breached its contract.
November 1, 2017 Excess & Surplus Lines Litigation Florida

Fuel Tankers Involved In Fiery 14-Vehicle Crash On Ontario Highway

At least two people are dead after a fiery crash involving at least 14 vehicles on Highway 400 south of Barrie and Ontario Provincial Police are warning that the death toll could rise. It happened on the northbound lanes of the highway north of Highway 88 at around 11:30 p.m. on Tuesday.
November 1, 2017 Auto Excess & Surplus Lines Liability

Tree Limb Falls On School Bus Amid High Winds

Nearly a dozen people, most of them children, were fortunate to escape with only minor injuries when a huge piece of a tree crushed their small school bus in Queens Monday, according to officials and video from the scene.
October 30, 2017 Excess & Surplus Lines New York
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