Archive for May 2017

By Don Jergler A Southern California coastal community was flooded with two feet of ocean water after a seawall was damaged by a construction crew. The Orange County Register reported workers were doing demolition work in Newport Beach and accidentally damaged the wall … Read More Read more here:: Insurance Journal       

By Don Jergler A minor undersea earthquake has jiggled a small stretch of the Southern California coast in Los Angeles and Ventura counties, the U.S. Geological Survey confirmed. The USGS says the magnitude-3.3 temblor occurred just before 7:20 a.m. Thursday. The epicenter was … Read More Read more here:: Insurance Journal       

By Elizabeth Blosfield Few parts of the U.S. are as exposed to the threats from climate change as Ocean County, New Jersey. It was here in Seaside Heights that Hurricane Sandy flooded an oceanfront amusement park, leaving an inundated roller coaster as an … Read More Read more here:: Insurance Journal       

By Don Jergler A jury has awarded nearly $256.5 million to a California auto dealership owner who claimed Nissan had a secret plan to put him out of business during the recession. The Orange County Superior Court panel ruled in favor of Michael … Read More Read more here:: Insurance Journal       

By Don Jergler Alaska averages 40,000 earthquakes per year, with more large quakes than the other 49 states combined, and America’s shakiest state is about to have its ground examined like never before. A federal agency that supports basic science research is completing … Read More Read more here:: Insurance Journal       

J.C. Flowers & Co. LLC, a New York-headquartered private investment firm that focuses on investing in the global financial services industry, announced it has acquired UK General Insurance Group Ltd. Completed on May 24, after receiving UK regulatory approval, the … Read More Read more here:: Insurance Journal       

A famous New York bar once frequented by Beat Generation writer Jack Kerouac has been gutted by a fire. Officials in the village of Northport on Long Island tell Newsday that the fire started around 7 a.m. Tuesday inside Gunther’s … Read More Read more here:: Insurance Journal       

FM Global has expanded its Global Resilience Index to include insights around three of the top risks facing businesses: cyber attack, natural hazards and supply chain failure. The interactive, online index ranks 130 countries and territories by their enterprise resilience … Read More Read more here:: Insurance Journal       

By Elizabeth Blosfield The Massachusetts Supreme Judicial Court has ruled that an injured public employee is still eligible to receive workers’ compensation benefits after being suspended from employment. The case, Brian Benoit vs. City of Boston, comes after the plaintiff, who had worked … Read More Read more here:: Insurance Journal