Industry News

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New York Marine & General Insured Las Vegas Festival Targeted by Shooter
October 18, 2017
A Live National Entertainment Inc. Las Vegas country musical festival that was targeted Oct. 1 in the largest mass shooting in modern U.S. history was insured by New York Marine & General Insurance Co., according to a permit document filed …

Year After Texas Balloon Crash, NTSB Wants Medical Certification Exemption Tossed
October 18, 2017
The National Transportation Safety Board has called on the Federal Aviation Administration to remove its medical certification exemption for commercial balloon operators, saying it contributed to a July 30, 2016, balloon crash in Texas that killed 15 …

Arkansas Gov. Opposed to Tapping General Revenue for Road Improvements
October 18, 2017
Arkansas’ governor says he’ll “vigorously oppose” any highway funding ballot initiative that calls for tapping into general revenue for road needs. Gov. Asa Hutchinson told reporters he opposes any attempt to divert tax revenue from new and used car …

Records Show Unprecedented Increase in Firearm Thefts in Kansas City
October 18, 2017
Police records show there has been an unprecedented spike in gun thefts in Kansas City, Missouri. The number of annual firearms thefts sharply increased between 2015 and 2016, according to police data obtained by the Kansas City Star. Police received …

Alerts System for Tech-Connected Cars Planned for Ohio Turnpike
October 18, 2017
Officials are planning a new system of travel alert information for part of the Ohio Turnpike near Cleveland with an eye toward a day when autonomous vehicles might regularly cruise the roadway. The Turnpike Commission will use roadside sensors and … …

Ex-Mayor of Tulsa, Oklahoma: Insurer’s $4M Payout for Lost Ring not Enough
October 18, 2017
The former mayor of Tulsa, Oklahoma, is suing an insurance company and broker because she says the $4 million she received for a lost blue diamond ring isn’t enough. The Tulsa World reports that Kathy Taylor’s federal lawsuit filed in …

Mass. SJC Reverses Lower Court’s Decision in Legal Malpractice Suit
October 18, 2017
The Massachusetts Supreme Judicial Court has reversed a Superior Court decision in favor of a law firm in a legal malpractice suit. The plaintiff, Kiribati Seafood Company LLC, brought the legal malpractice claim against its former law firm, Dechert …

EPA Appears to Ease Nuke Radiation Safeguards for First Responders
October 18, 2017
In the event of a dirty bomb or a nuclear meltdown, emergency responders can safely tolerate radiation levels equivalent to thousands of chest X-rays, the Environmental Protection Agency said in new guidelines that ease off on established safety leve …

Progressive’s Flo Turned Into Chatbot
October 18, 2017
Convinced that Americans are dying to speak with its human TV spokes-icon Flo, Progressive Insurance is bringing a Flo Chatbot experience to Facebook Messenger. This tool, enhanced by artificial intelligence and quoting technology, is now available f …

Is Hyperloop Transportation Technology Feasible or Insurable?
October 18, 2017
Hyperloop Transportation Technologies wants to build a tube-based inter and intra-city transportation system to transport passengers and cargo at high speeds. As part of its efforts to gain support, it sought to assure people that its technology is f …

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