Archive for September 2016

By Stephanie K. Jones With no signs earthquakes will stop rumbling in the state anytime soon, Oklahoma museums and schools are being targeted to participate in a nationwide citizen science project that tracks — or catches — seismic activity to learn more about quakes … Read More Read more here:: Insurance Journal       

By Stephanie K. Jones The U.S. Department of Agriculture has named 24 Louisiana parishes and two Texas counties agricultural disaster areas because of last month’s storms and flooding. Eleven parishes are primary disaster areas, and the others are adjacent to them, the Louisiana Department … Read More Read more here:: Insurance Journal       

By L.S. Howard Canada’s financial services regulator released new draft capital requirements for federally regulated mortgage insurers to better reflect growing risks in the country’s housing markets. The Office of the Superintendent of Financial Institutions said Friday the new requirements, which will come … Read More Read more here:: Insurance Journal       

By Don Jergler New Mexico failed to collect at least $193 million in taxes on insurance premiums over the past five years, even as the state struggles this year to close a major budget shortfall, according to an independent review of collections. New … Read More Read more here:: Insurance Journal       

A small city in southeastern New Mexico is recovering after being hit with a strong hailstorm. The Hobbs News-Sun reported that Jal was struck this weekend with hailstones bigger than golf balls that caused an estimated $4 million in damage. … Read More Read more here:: Insurance Journal       

By Don Jergler Exxon Mobil Corp. will pay $12 million for environmental damages caused by a pipeline break that spilled 63,000 gallons (238,474 liters) of crude into Montana’s Yellowstone River and prompted a national debate over lax pipeline safety rules, officials said Wednesday. … Read More Read more here:: Insurance Journal       

By Don Jergler A former driver for Uber and Lyft has been charged with sexually assaulting several women while on the job, and Southern California investigators said that there are likely more victims. An 18-year-old college student reported that she was assaulted Friday … Read More Read more here:: Insurance Journal       

The U.S. Environmental Protection Agency (EPA) is working to stop the potential spread of asbestos at the former Arkell and Smiths Sack Co. facility in Canajoharie, N.Y. Exposure to asbestos can lead to lung cancer and mesothelioma. “At the request … Read More Read more here:: Insurance Journal       

By Don Jergler Chemical manufacturing giant Dow fails to warn people in farming communities throughout California when a potentially dangerous pesticide is applied to nearby fields, health advocates claimed in a lawsuit filed Tuesday. Telone is among the most commonly used pesticides in … Read More Read more here:: Insurance Journal