Insurance
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6/18/2018

The suspect in a shooting that injured 22 people at an art festival in Trenton, N.J., early Sunday is thought to have been killed by police. A prosecutor said the suspect had just gotten out of prison on homicide-related charges and that Sunday's shooting was gang-related and not terrorism.

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CNN
6/18/2018

A Sunday storm brought flash flooding that washed out roads in parts of northern Minnesota and Wisconsin and brought the Nemadji River to its highest level on record. In Michigan's Upper Peninsula, dozens of washouts and sinkholes have been reported.

6/18/2018

A Workers Compensation Research Institute study looks at 2017 prices for medical services in 35 states that account for 87% of the workers' compensation industry. Florida had costs that were 26% lower than the 35-state median, while Wisconsin had prices that were 158% higher than the median, and states with fee schedules for professional services tended to have lower prices than those without, the study found.

6/18/2018

The 416 Fire in Colorado was 25% contained on Sunday after the remnants of Hurricane Bud brought rain to the area, and some evacuated residents have been able to return home, although officials are concerned about the possibility of flash flooding in the area that has been burned. The rain also helped crews bring a Wyoming wildfire to 62% containment, while a fire in northern Nevada poses a risk to structures in an area with 50 homes.

6/18/2018

The derailment of a roller coaster on the Daytona Beach Boardwalk is under investigation by the Florida Department of Agriculture and Consumer Services. A hospital reported nine patients arriving after the incident on Thursday, the same day the roller coaster had passed an inspection, although it was cited for structural integrity issues in another inspection after the derailment.

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CNN
6/18/2018

A sport utility vehicle carrying 14 people flipped over while traveling faster than 100 mph on Sunday in South Texas, leaving five people dead. The Border Patrol said it suspected the vehicle was involved in a "smuggling event," but did not provide further details.

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The Associated Press
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Border Patrol
6/18/2018

Cassie Brown will become the first woman to hold the role of workers' compensation commissioner within the Texas Department of Insurance. Brown, who is currently the department's deputy commissioner for regulatory policy, was appointed on Wednesday by Gov. Greg Abbott.

6/15/2018

Insured losses from claims related to Hurricane Irma are now more than $9.7 billion, according to Florida's insurance regulator, reporting a 13% increase compared with the total as of April 18. More than 92,500 Irma-related claims remain open in Florida, the regulator said.

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Artemis
6/15/2018

The adoption of self-driving vehicles is not likely to cause insurer profits to fall rapidly, as some observers have predicted, as new products and revenue sources are expected to emerge, according to a report from Bloomberg New Energy Finance. Opportunities related to autonomous vehicles include cyberinsurance and coverage for owners in addition to the vehicles themselves, experts say.

6/15/2018

"Report lag" of less than 12 days after an injury has little effect on workers' compensation costs, while denied claims ultimately can cost 55% more on average than claims that are accepted initially, a Lockton study found. "Companies need to take a close look at what they are denying and ... what is happening to make their [denial] rates higher," said Kelly Flannery of Lockton.