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GE faces shareholder lawsuit over insurance shortfall, SEC probe
(Reuters) — General Electric Co. was sued on Friday by a shareholder who accused it of concealing mounting insurance liabilities and a U.S. Securities and Exchange Commission probe, costing shareholders tens of billions of dollars.

POSTED FEBRUARY 16, 2018 1:40 PM
Insurer not obligated to provide cover in phony policy scheme
Evanston Insurance Co. is not obligated to provide professional liability coverage to an insurance agency, one of whose employees sold phony insurance policies and then absconded with the premium payments, says a federal appeals court, in affirming a lower court ruling.

POSTED FEBRUARY 16, 2018 1:37 PM
Fire cleanup crews ordered to stop work over alleged comp violations
Five contractors working to help clean up a fire disaster area in California’s Ventura County were ordered to stop work after investigators alleged multiple workers compensation violations, the county’s district attorney announced.

POSTED FEBRUARY 16, 2018 1:23 PM
OneBeacon unit wins dispute over coverage for sunken tug boat
A federal appellate court has overturned a lower court ruling and ruled in favor of a OneBeacon Insurance Group unit in a dispute with a protection and indemnity insurer over insurance coverage for a sunken tug boat.

POSTED FEBRUARY 16, 2018 12:49 PM
Indiana drug formulary bill advances


POSTED FEBRUARY 16, 2018 12:42 PM
Malicious cyber activity cost US up to $109 billion in 2016: White House


POSTED FEBRUARY 16, 2018 12:33 PM
From claims to cameras: Overweight insurance salesman becomes model
British model Gwilym Pugh used to be an insurance salesman, pudgy and shy, but today he is a svelte fashion model, the Daily Mail reports.

POSTED FEBRUARY 16, 2018 11:17 AM
Intel hit with 32 lawsuits over security flaws


POSTED FEBRUARY 16, 2018 10:26 AM
Allianz considers stance on coal insurance as profit disappoints


POSTED FEBRUARY 16, 2018 9:15 AM
The BI Top 10


POSTED FEBRUARY 16, 2018 8:18 AM

Yahoo News - Latest News & Headlines

Trump Visits Shooting Victims, Local Police En Route To Mar-a-Lago For Long Weekend

Trump Visits Shooting Victims, Local Police En Route To Mar-a-Lago For Long WeekendPresident Donald Trump said he called on victims of Wednesday’s high school shooting in Florida, which left 17 dead, on a hospital visit Friday evening.




POSTED FEBRUARY 16, 2018 8:22 PM

Parkland Could've Been Worse. Vegas Could've Been Worse. They Can Always Be Worse.

Parkland Could've Been Worse. Vegas Could've Been Worse. They Can Always Be Worse.You’ll find little in the way of silver linings in Parkland, Florida, this week, where a gunman killed 17 people and injured 15 more at Marjory Stoneman Douglas High School.




POSTED FEBRUARY 17, 2018 8:00 AM

American Airlines agent saves 2 teenage girls from human trafficking scheme

American Airlines agent saves 2 teenage girls from human trafficking schemeLaw enforcement officials say that a quick-thinking airline employee, aptly named Denice Miracle, likely saved two teenage girls from a human trafficking plot.




POSTED FEBRUARY 16, 2018 10:35 AM

New Manafort fraud allegation could be product of flipped witness

New Manafort fraud allegation could be product of flipped witnessJoyce Vance, former U.S. attorney, talks with Rachel Maddow about the possibility of new allegations of bank fraud against Paul Manafort could be a sign of cooperation by Rick Gates or Robert Mueller.




POSTED FEBRUARY 16, 2018 2:58 PM

Florida High School Students Stage Walkout To Protest Gun Violence

Florida High School Students Stage Walkout To Protest Gun ViolenceHOLLYWOOD, Fla. ― They’re furious about political stonewalling, and most of them aren’t yet old enough to vote.




POSTED FEBRUARY 16, 2018 3:00 PM

'It was about guns': Survivor who hid in closet for two hours blasts response to Florida massacre

'It was about guns': Survivor who hid in closet for two hours blasts response to Florida massacreA teenage girl who survived the massacre at a Florida school by hiding in a closet for two hours on Wednesday has hit back at a conservative commentator's statement that the tragedy was not about guns. Carly Novell, 17, was responding to Tomi Lahren on Twitter after the Fox News pundit dismissed calls for greater gun control after a gunman killed 17 people at Marjory Stoneman Douglas High School with an AR-15 assault rifle.  "Can the Left let the families grieve for even 24 hours before they push their anti-gun and anti-gunowner agenda? My goodness. This isn't about a gun it's about another lunatic," tweeted Lahren, who was among a number of right-wing media figures to say it was too soon to discuss gun control laws. Miss Novell shared the tweet, saying: "I was hiding in a closet for 2 hours. It was about guns. You weren't there, you don't know how it felt. Guns give these disgusting people the ability to kill other human beings. This IS about guns and this is about all the people who had their life abruptly ended because of guns." I was hiding in a closet for 2 hours. It was about guns. You weren't there, you don't know how it felt. Guns give these disgusting people the ability to kill other human beings. This IS about guns and this is about all the people who had their life abruptly ended because of guns. https://t.co/XnzhvuN1zd— carly (@car_nove) February 15, 2018 The tweet has since gone viral, having been shared more than 271,000 times and liked 681,000 times in 17 hours.  Ms Novell went on to say she was not the only one in her family to survive a massacre by hiding in a closet. Thousands gathered for an evening vigil at Pine Trails Park in Parkland, Florida to remember those where were killed and injured in the shooting Credit: Getty Almost 70 years ago, when her grandfather, Charles Cohen, was twelve years old, he also hid in a closet while his whole family was killed during one of America’s first mass shootings by a lone gunman. "These events shouldn't be repetitive. Something has to change," she said.  This is my grandpa. When he was 12 years old, he hid in a closet while his family was murdered during the first mass shooting in America. Almost 70 years later, I also hid in a closet from a murderer. These events shouldn't be repetitive. Something has to change. #douglasstrongpic.twitter.com/nDctTNlUNs— carly (@car_nove) February 15, 2018 The mass shooting Ms Novell referred to was Howard Unruh’s “Walk of Death.” On September 6, 1949, Unruh murdered 13 people and wounded three others in a 20-minute shooting rampage.  “This has been happening repeatedly, there are too many lives being lost because people don’t want to make a difference,” she told Huffington Post. “It happened to my grandpa and it happened to me. People value ‘the right to bear arms’ over people’s lives. I can’t even comprehend it.” Nikolas Cruz appeared in court on Thursday to face formal charges of carrying out the second-deadliest mass shooting at a public school in U.S. history. Ms Novell's plea came as other students from the school voiced their shock and anger at the events that unfolded at Marjory Stoneman Douglas High School on Valentines Day. why was a student able to terrorize my school mr president https://t.co/rwDRYz3ayx— nikki (@nikta04) February 14, 2018 Some students tweeted messages to President Trump asking how Cruz had been able to "terrorise" the school. Others shared stories of how they survived and their disbelief at experiencing the "nightmare" which has traumatised the quiet town, which was voted the safest in Florida last year. A girl who sits behind me in history class was shot. A guy who sits right besides me in math class is missing. This is madness #PrayforDouglas#DouglasStrong— Ashhan Kashif (@KingAshhan) February 15, 2018 I can’t unsee what I saw today or unhear those shots. He did something that will stick with us forever and I hate that. Praying for everyone: victims, friends, classmates, administrators, everyone. #DouglasStrong— Steph (@ohstephany_) February 14, 2018 today i lived in a nightmare. I can’t believe what has happened at my school today & this will forever be the scariest, worst day of my life. please send prayers to my school. I didn’t wake up today knowing that I was going to hide in a closet feared for my life. #douglasstrong— jay (@jaydenbeirr) February 15, 2018 On Thursday Donald Trump delivered a sombre address from the White House after the 18th school shooting in the country this year, but he avoided any mention of curbing access to guns. Instead, the US president said he would “tackle the difficult issue of mental health” and that there had been “so many signs” that Cruz was “mentally disturbed.”




POSTED FEBRUARY 16, 2018 1:26 AM

Shooting suspect was on school rifle team that got NRA grant

Shooting suspect was on school rifle team that got NRA grantThe troubled teen authorities say killed 17 people at a Florida high school excelled in an air-rifle marksmanship program supported by a grant from the National Rifle Association Foundation, part of a multimillion-dollar effort by the gun group to support youth shooting clubs and other programs.




POSTED FEBRUARY 16, 2018 10:28 PM

Florida shooting: Librarian who saved 55 'knew what to do because her friend survived Sandy Hook'

Florida shooting: Librarian who saved 55 'knew what to do because her friend survived Sandy Hook'Diana Haneski, a library media specialist at Marjory Stoneman Douglas High School in Parkland, jumped into action when she heard the school was under lockdown on her radio. Speaking to Reuters, Ms Haneski, 57, said she knew what to do as her friend, a fellow librarian, had managed to save 22 people during the Sandy Hook Elementary School massacre in 2012. “She was there that day in Sandy Hook and because of her I knew what to do,” she said.




POSTED FEBRUARY 17, 2018 7:35 AM

Needed in Syria: Disengagement

Needed in Syria: DisengagementOne is the outbreak of another war between Israel and its neighbors.  A reminder of this danger has come from events that began when Israel said it shot down an Iranian drone that had entered its airspace.  Israeli F-16s then attacked a command center in Syria, during which Syrian air defenses downed one of the Israeli warplanes (a rare event for Israel).  Israel subsequently launched a much more widespread set of aerial attacks within Syria.  The Israelis have conducted scores of attacks in Syria over the last five years, but this most recent assault may have been the largest Israeli attack there since the 1980s. A new war involving Israel would surely also involve Lebanese Hezbollah.  There is no indication that Hezbollah seeks such a war.  The group has incurred significant costs by participating in fighting within Syria and has many wounds to lick.  Its leaders still have regrets about the brinksmanship that last got Hezbollah entangled in a war with Israel.  Even though it could get in some hits with cross-border rocket fire, the group’s leaders know that in a new clash it would get badly bloodied by its militarily more capable foe.




POSTED FEBRUARY 17, 2018 12:40 PM

Mother of 14-year-old Florida shooting victim to President Trump: 'These kids need safety now'

Mother of 14-year-old Florida shooting victim to President Trump: 'These kids need safety now'The mother of a girl who was killed during Wednesday's mass shooting at a Florida high school is demanding change from President Donald Trump in wake of her daughter's tragic death.




POSTED FEBRUARY 16, 2018 11:25 AM

News – Insurance Journal

Aspen Ceases Underwriting Property Insurance from Bermuda Platform
Aspen Insurance Holdings confirmed on Friday, Feb. 16 that it has ceased underwriting property insurance on its Bermuda platform, effective immediately, as a result of the company’s 2017 catastrophe losses. The move was made in response to CEO Chris O’Kane’s …

POSTED FEBRUARY 16, 2018 7:20 PM
Texas Petro-Chemical Contractor Sued for Disability Discrimination
A blood disorder led to the unlawful firing of three laborers at a Texas-based petro-chemical contractor, federal officials say. the U.S. Equal Employment Opportunity Commission (EEOC) has charged in a lawsuit that Signature Industrial Services LLC (SIS) unlawfully fired the …

POSTED FEBRUARY 16, 2018 5:47 PM
Detroit Suburb Settles Fatal Police Shooting for $1.25M
A Detroit suburb agreed to a $1.25 million settlement in a lawsuit filed by the family of a woman who was fatally shot by police near a shopping mall, according to a document released on Feb. 15. A Dearborn officer …

POSTED FEBRUARY 16, 2018 5:24 PM
Agency Warns of Possible Hepatitis Exposure at Arkansas Restaurant
State health officials say people who visited a Taco Bell restaurant in northeast Arkansas may have been exposed to hepatitis A after an employee tested positive for the virus. The health department says the affected restaurant is in Corning, about …

POSTED FEBRUARY 16, 2018 5:19 PM
Associated Benefits and Risk Acquiring Wisconsin’s Diversified Insurance
Associated Benefits and Risk Consulting (ABRC) announced it will acquire Diversified Insurance Solutions (Diversified), based in Milwaukee, Wisconsin. The transaction is expected to close next month. Terms of the transaction were not disclosed. Based in Green Bay, Wisconsin, ABRC is …

POSTED FEBRUARY 16, 2018 5:14 PM
Former Texas Agent Gets Life Sentence for Insurance Scam
A former Lubbock, Texas, insurance agent has been sentenced to life in prison and ordered to pay back $810,000 to his victims, the Texas Department of Insurance (TDI) reported. Officers with the Texas Department of Insurance Fraud Unit found that …

POSTED FEBRUARY 16, 2018 5:13 PM
Owner of Arizona Car Rental Companies Hit with $1.8M Verdict
A judge has ruled that the owner of two rental car companies in Phoenix, Ariz. must pay $1.85 million for defrauding Arizona consumers. The verdict was announced this week by the Arizona Attorney General’s Office. State prosecutors filed a consumer …

POSTED FEBRUARY 16, 2018 4:14 PM
Coal Company Cited for Safety Issues in Wyoming Miner’s Death
Rocky Mountain Power has been cited with a safety violation for the death of a miner in September. Jaimie Olivas was killed in the Bridger Underground Coal Mine when part of a wall of coal collapsed on him. The Casper …

POSTED FEBRUARY 16, 2018 4:12 PM
Hundreds of Illegal Pot Shops Operating in Los Angeles, Police Say
Los Angeles has issued licenses to nearly 100 marijuana retailers but police estimate there are at least two times that number operating illegally in the city and undercutting those who are playing by the rules. Police have shut down eight …

POSTED FEBRUARY 16, 2018 4:09 PM
New York Working to Deter Fraud, Manipulation in Virtual Currency Markets
New York Department of Financial Services (DFS) has issued guidance reminding all virtual currency entities licensed by New York State, including those that hold a money transmitter license, that they are required to implement measures designed to detect, prevent and …

POSTED FEBRUARY 16, 2018 3:15 PM

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