Monthly Archives: <span>August 2018</span>

Houston Eyes Designer Bonds to Pay for $15 Billion Hurricane Ike Dike

A massive dike to hold back storm-driven floods surging in from the Gulf of Mexico was first proposed after Hurricane Ike devastated the Houston-area coast a decade ago. Last year’s Hurricane Harvey disaster brought fresh enthusiasm for the languishing project …

Negligence Against Operators Considered in Missouri Duck Boat Sinking

The U.S. Coast Guard has found probable cause that the sinking of a tourist boat on a Missouri lake last month that killed 17 people “resulted from the misconduct, negligence, or inattention to the duties” by the captain of the …

Michigan Family’s Dispute With City Centers on Treehouse

A Michigan family is fighting with city officials over the legality of a large wooden treehouse. A judge has instructed Ann Arbor residents Tamar Boyadjian and Greg Douglas to either bring their treehouse up to code by Friday or take …

Washington High Court May Reconsider Ruling on Police Deadly Force Measure

The question of whether Washington voters will have their say on a measure designed to make it easier to prosecute police for negligent shootings might not be over, after all. The day after ruling that Initiative 940 should appear on …

Scaffolding Collapse Kills 2 Workers Near Disney

Two construction workers fell to their deaths when scaffolding collapsed as they were pouring concrete on the seventh floor of a 16-story hotel under construction near Disney World early Wednesday, Orange County Sheriff’s officials said. The accident happened just outside …

Business News: DCI Solution, Origami Risk, CM Select

DCI Solution Announces New Canadian Subsidiary DCI Solution announced it has opened a new Canadian subsidiary, DCI Solution Canada. The firm provides valuations for specialty vehicles in the U.S. including Total Loss, Diminished Value, and Right of Appraisal valuations. Industry …

Business Owners Find Varied Paths to Recovery Post-Disaster

As small business owners in Hawaii and California clean up following Hurricane Lane and wildfires, they’ll find there’s no one formula for recovery. The same disaster can devastate businesses in divergent ways – a hurricane might tear the roof off …

New Business Lines, Shallow Talent Pool Drive Competitive Insurance Labor Market

The unemployment rate for the insurance industry is at a record 1.7 percent, significantly lower than the 3.9 percent national average, according to the latest iteration of the Semi-Annual U.S. Insurance Labor Outlook Study conducted by The Jacobson Group and …

Deadly Tornadoes Leave Trail of Damage in Wisconsin

An 11-year-old boy nearly lost his life in a waterlogged drainage ditch in eastern Wisconsin but was pulled to safety by an eagle-eyed firefighter who spotted his finger poking through a manhole cover, officials said, following another round of storms …

Legislative Panel Advances California Utility Wildfire Liability Bill

California utilities regulators would have the option of letting power companies charge their customers for some of the costs of lawsuits stemming from disastrous 2017 wildfires under legislation that will go before the Assembly and Senate this week. After weeks …