insurance News

Mississippi Police Helicopter Headed to State Surplus

A 1967 Bell OH-58 helicopter previously used by the Tupelo Police Department is being turned over to the state as surplus property. The Northeast Mississippi Daily Journal reports the city council this week approved Police Chief Bart Aguirre’s recommendation to …

North Carolina House Rejects Senate-Backed Moped Bill

The North Carolina House has rejected a Senate version of a bill creating new regulations for mopeds. The House voted 51-54 Thursday against concurring on a bill that would have required insurance and registration with the state for mopeds. The …

Insurance Merger and Acquisition Activity on the Rise

An overwhelming majority (86 percent) of North American insurance executives expect to see an increase in the volume of insurance mergers and acquisitions (M&As) over the next one to three years, compared to the previous three years, and more than …

Iran Oil-Shipping Insurance Rules Lack Clarity

Insurance for tankers to export Iranian crude may be unusable even after the U.S. and the European Union eased sanctions against the Persian Gulf state, a group covering vessel owners said. Ship owners hauling Iran’s oil may go unpaid if …

Insurance and Regulation Remain Obstacles to Amazon Drones

For Amazon’s recently announced drone delivery system to get off the ground, the company will have to solve numerous difficult technological challenges. Chief among them will be increasing battery life, getting the drones to work without a central command and …

Montana State Park Reopens After Damaging Flash Flood

Less than two months after a flash flood caused extensive damage to the historical Bannack State Park, the Montana site reopened Monday. State officials say the cleanup and restoration work would cost between $2 million and $4 million, with most …

Indiana Woman Coping With Aftermath of Plane Crash

A South Bend woman whose home was destroyed when a private jet crashed into it last month is trying to rebuild her life. Diana McKeown, 62, is dealing with bills, insurance companies and emotional trauma, she told WSBT-TV. A small …

State Closes Nebraska City Men’s Free Bar Shuttle

Two Nebraska City men have been told they can’t continue to offer free rides to bar patrons until the men get permits and more insurance. The Lincoln Journal Star reports that Travis Gillespie and Frank Trombino say they were inspired …

Insurance Expected to Cover School Relocation Due to Sinkhole

Unicoi County Schools Director Denise Brown says she’s confident the cost of relocating a Tennessee elementary school threatened by a sinkhole is covered by insurance. Brown told the Johnson City Press the contract through Risk Management Trust specifies the carrier …

Kaplan University Announces New Insurance BA Degree

Kaplan University announced that its School of Business has added three new specialty areas within the Bachelor of Science in Business Administration degree program—risk management & insurance, real estate, and wealth management. Kaplan University seeks to prepare students to meet …