Archive for October 2015

The number of people who have died in Utah as a result of drunken driving nearly doubled last year, hitting the highest number in more than a decade. Alcohol-related traffic deaths increased from 23 to 45, according to an annual … Read More Read more here:: Insurance Journal       

Ace Group on Tuesday announced a $5.3 billion four-part bond to help finance its acquisition of Chubb, Reuters reported this morning. The Chubb deal is expected to be priced later today. Ace filed its preliminary prospectus on the notes on … Read More Read more here:: Insurance Journal       

Texting while driving in Anchorage, Alaska may land drivers a $500 traffic ticket under a proposal that shifts the violation from criminal to traffic court. The Alaska Dispatch News reported assembly members will discuss the texting and driving proposal Tuesday … Read More Read more here:: Insurance Journal       

Travelers worldwide may love using Airbnb to book vacation stays, but the company that revolutionized home-sharing faces a hostile ballot measure in the city where it was founded. Proposition F on the Nov. 3 San Francisco ballot would limit short-term … Read More Read more here:: Insurance Journal       

Elected officials from 18 states — representing some 95,000 miles of coastline — gathered in New Hampshire on Saturday, Oct. 24, for a bipartisan summit on coastal flooding. Some of those who attended the Rising Tides summit in Hampton, New … Read More Read more here:: Insurance Journal       

Federal emergency officials are urging Californians to buy flood insurance – even those who don’t live near creeks or rivers – as El Nin᷈o conditions get underway in the Pacific Ocean, increasing chances for heavy storms this winter. Roy Wright, … Read More Read more here:: Insurance Journal       

A briefing from Guy Carpenter & Company, LLC on Monday shows more than 9 million acres were burned by wildfires so far this year, most of that occurring in the Western U.S, and that insured losses from wildfires could approach … Read More Read more here:: Insurance Journal       

Hurricane Patricia, the strongest in the history of the Americas, prepared to barrel into Mexico’s Pacific coast Friday, sending guests fleeing hotels in the Puerto Vallarta resort area. About 400,000 people are considered “vulnerable,” civil protection official Jose Maria Tapia … Read More Read more here:: Insurance Journal       

An arsonist set fire to the rectory doors of a 172-year-old Catholic church early on Oct. 22, marking the seventh attempt to burn a place of worship in the St. Louis area in two weeks, police said. Authorities said an … Read More Read more here:: Insurance Journal