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California Commissioner Urging Insurers to Offer Coverage for Cannabis Industry
California Insurance Commissioner Dave Jones is renewing his call for insurers to offer insurance products for California’s legalized cannabis industry in the wake of recent reports that President Trump has abandoned Attorney General Jeff Sessions’ policy on federal law enforcement …

POSTED APRIL 24, 2018 3:03 PM
Travelers Boosts Q1 Profit; Talks Central Underwriting, Potential with Nationwide Agents
The Travelers Companies boosted its net income for the quarter ended March 31, 2018, by 10 percent to $669 million compared to $617 million in the prior year quarter despite unusually high catastrophe losses in March. Catastrophe losses in the …

POSTED APRIL 24, 2018 2:20 PM
San Francisco Bay Area Falls Behind on Quake Safety, Analysis Shows
The San Francisco Bay Area is falling behind on efforts to retrofit buildings that are vulnerable to collapse during a major earthquake, according to a newspaper analysis. The Los Angeles Times reported that there are up to 3,000 brittle concrete …

POSTED APRIL 24, 2018 2:09 PM
Oregon Woman Paralyzed in Wreck Files $30M Suit Against Bars
An Oregon woman paralyzed from the waist down after an intoxicated friend’s vehicle crashed into a house has filed a lawsuit against six businesses that she says served alcohol to the driver before the accident occurred. The Register Guard reports …

POSTED APRIL 24, 2018 2:01 PM
Hub Acquires Assets of Washington-Based BK-JET Group
Hub International Ltd. has acquired the assets of Spokane, Wash.-based BK-JET Group LLC. Terms of the deal were not disclosed. Joining Hub Northwest are BK-JET’s founding partners Josh Tyndell, Erin Repp, Tom Blue, Keith McNally and Bill Dinneen, along with …

POSTED APRIL 24, 2018 1:56 PM
JLT Adds Creedon and Burns in Colorado
JLT Specialty USA has added Bill Creedon and Jeff Burns as partners who will be based in Denver, Colo. The additions support JLT’s partnership with Construction Risk Partners. As part of CRP’s national leadership team, Creedon and Burns will lead …

POSTED APRIL 24, 2018 1:51 PM
Fire Does More Than $1M in Damage to New Jersey Home
Fire officials say a blaze that injured two firefighters did more than $1 million in damage to a New Jersey home. The Press of Atlantic City reports that the fire at the three-story Ventnor Heights home was reported shortly after …

POSTED APRIL 24, 2018 12:52 PM
Nearly $3M More in Flood Relief for Five Upstate New York Counties
Nearly $3 million in additional relief funding is going to communities in five upstate New York counties along Lake Ontario to help them recover from last year’s flooding. Gov. Andrew Cuomo announced Monday that the state had awarded $2.9 million …

POSTED APRIL 24, 2018 12:48 PM
Delaware Police Investigate Carjacking After Intentional Collision
Delaware State Police are investigating a carjacking set up by an intentional motor vehicle crash. Authorities say the incident happened Wednesday night on state route 71 in Bear when a woman’s car was rammed from behind by another vehicle. After …

POSTED APRIL 24, 2018 12:43 PM
Bond Insurer Assured Guaranty Defends Against Attack by Greenlight’s Einhorn
Hedge fund manager David Einhorn said on Monday that his Greenlight Capital was betting Assured Guaranty’s stock will fall, sending shares of the bond insurer down as much as 6 percent in after-hours trading. Einhorn, who is known to move …

POSTED APRIL 24, 2018 12:32 PM

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