insurance News

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 …

Insurance Divides Haves From Have-Nots After Sandy

Standing in the driveway next to the charred shell of his house on Long Beach, Long Island, with the hood open to his water-logged, brand-new 2012 Subaru Outback, Bill Long heard the words so many in the path of superstorm …

Feds Give Virginia County Grant for Quake-Damaged School

Federal officials are awarding Louisa County, Va., $3.2 million to replace an elementary school that was damaged in the Aug. 23 earthquake. Gov. Bob McDonnell announced the award from the Federal Department of Emergency Management on Friday. Officials say the …

Report: Joplin Might Not Have Debt From Tornado

A new report says the city of Joplin might not end up with any debt related to the May 22 tornado. The report from the city finance director estimated that costs to the city, including damage to city property, would …