INSURANCE NEWS
Freight Train Collision in West Texas Kills 2 Union Pacific Employees
Two Union Pacific employees were killed and three people were injured when a freight train collided with a tractor-trailer and derailed in a small West Texas city, authorities said Thursday. The train derailed around 5 p.m. Wednesday in Pecos after …
Texas Teacher Killed and Toddlers Injured in Daycare Crash
SAN ANTONIO (AP) — A teacher at a San Antonio-area day care was killed and another employee and five toddlers were injured when a parent’s car accelerated into another vehicle in the parking lot and both vehicles crashed into a …
Texas Bill Aims to Combat Forever Chemicals in Fertilizers
Johnson County’s newest state representative, Helen Kerwin, R-Cleburne, filed her first bill Friday targeting an environmental problem that has struck her county: PFAS contamination in sewage sludge-based fertilizers. Kerwin said House Bill 1674, could reduce the presence of PFAS, or …
CFPB Sues Walmart, Fintech for Illegally Opening Accounts
Walmart Inc. and one of its financial technology partners allegedly opened expensive bank accounts for delivery drivers without their consent, a US consumer protection agency said on Monday. The Consumer Financial Protection Bureau sued Walmart and Branch Messenger Inc., claiming …
US Bans Drones Over Infrastructure Sites in New York, New Jersey
The Federal Aviation Administration said on Thursday it was temporarily barring drone flights over dozens of critical infrastructure sites in New Jersey and New York. A frenzy of concern about drones in New Jersey and surrounding states has prompted a …
Virginia Governor Proposes $127 Million Disaster Relief Fund
Virginia Governor Glenn Youngkin, citing damage done by Hurricane Helen and other disasters, has proposed a $127 million disaster assistance fund to fill gaps left behind in communities by insurance and federal and private recovery efforts. Youngkin called the fund …
NHTSA Proposes Voluntary Guidelines for Self-Driving Vehicles
In the waning days of President Joe Biden’s administration, the government’s highway safety agency is proposing voluntary safety guidelines for self-driving vehicles. But a rule from the National Highway Traffic Safety Administration putting the plan in place won’t be approved …
Alabama Prisoners Work at Stores But Not Eligible for Parole or Workers’ Comp
DADEVILLE, Ala. (AP) — A storm was looming when the inmate serving 20 years for armed robbery was assigned to transport fellow prisoners to their jobs at private manufacturers supplying goods to companies like Home Depot and Wayfair. It didn’t …
California Milk Output Down 9% in November on Bird Flu Outbreak
California’s milk production in November plummeted as a bird flu outbreak spreads rapidly among herds in the country’s biggest dairy state. The state produced just under three billion pounds of milk in November, down 9.2% from the same month last …
9 Insurance Commissioners Urge DOGE to Junk FIO
Insurance commissioners from nine states are looking to the new Department of Government Efficiency to do away with the Federal Insurance Office. The letter, addressed to DOGE heads Elon Musk and Vivek Ramaswamy, said the FIO’s mission of monitoring the …
RiverStone International to Provide Loss Portfolio Transfer for Zurich Insurance
RiverStone International, the London-based provider of legacy solutions, announced it has signed an agreement with the French branch of Zurich Insurance Europe and Zurich Insurance Co. to provide a loss portfolio transfer reinsurance (LPT) and an insurance business transfer relating …
Farmers Still Reeling After Hurricane Helene Ravaged Crops Across the Southeast
LYONS, Ga. (AP) — Twisted equipment and snapped tree limbs still litter Chris Hopkins’ Georgia farm more than two months after Hurricane Helene made its deadly march across the South. An irrigation sprinkler system about 300 feet (92 meters) long …