Industry News

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Rail Tank Car Leak Injuries Lead to Safety Recommendations
February 20, 2019
The National Transportation Safety Board has issued five safety recommendations following completion of its investigation of the Aug. 27, 2016, chlorine release from a ruptured rail tank car near New Martinsville, West Virginia. There were eight inju …

Supreme Court Justice Thomas Calls for Overturning Landmark Libel Case
February 20, 2019
Justice Clarence Thomas called for the U.S. Supreme Court to overturn the landmark 1964 New York Times v. Sullivan ruling, which protects news organizations from most libel suits when they write about public figures. Adding to a list of far-reaching …

High School Student at Lincoln Memorial Protest Sues Washington Pos
February 20, 2019
A high school student from Covington, Kentucky, sued the Washington Post for defamation on Tuesday, claiming the newspaper falsely accused him of racist acts and instigating a confrontation with a Native American activist in a January videotaped inci …

Georgia Volunteer Firefighter Arrested for Arson
February 20, 2019
A volunteer firefighter from Nicholls, Ga., was arrested and charged with three counts of arson after a fire at a wood structure in Alma, Ga., according to a statement from the Georgia Department of Insurance (GADOI). Investigators in Safety Fire …

AM Best Revises Outlooks to Negative for Florida-Based Universal North America
February 20, 2019
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of Universal North America Insurance Co. (UNAIC), based in Sara …

Highway Fatalities in Kentucky Drop Again in 2018
February 20, 2019
Officials say traffic fatalities on Kentucky highways are down for the second year in a row. The Kentucky Office of Highway Safety that says preliminary figures show there were 722 highway fatalities in 2018, down from 782 in 2017 and …

California Department of Insurance Issues Cease And Desist Order for Benefits Firm
February 19, 2019
The California Department of Insurance issued a Cease and Desist Order effective immediately upon NexGen Insurance Services Inc., Riverstone Capital, LLC (dba Riverstone Capital Insurance Services LLC) and its owner/operators Travis O. Bugli, James C …

Auto-Owners Insurance to Acquire Capital Insurance Group in California
February 19, 2019
Auto-Owners Insurance has entered into a definitive agreement to acquire Monterey, Calif.-based Capital Insurance Group. Terms of the deal were not disclosed. Philo Smith & Co. was the exclusive financial advisor to Auto-Owners. Auto-Owners Insur …

Supreme Court Agrees to Hear Case That Could Limit Clean Water Act
February 19, 2019
The U.S. Supreme Court on Tuesday agreed to consider limiting the scope of a landmark law aimed at curbing water pollution in a dispute pitting environmentalists against local authorities in Hawaii over a wastewater treatment plant. The justices agre …

Winter Weather Advisories in Oklahoma, Texas And Arkansas
February 19, 2019
A storm system could yield snow and ice in Oklahoma, Arkansas and Texas, according to the National Weather Service. The NWS issued a winter weather advisory for Tuesday through Wednesday morning for parts of western Texas, Oklahoma and northwestern A …

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