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Firms Increase Investments in Michigan Insurance Brokerage, Acrisure
Three firms are increasing their investments in Acrisure LLC, the Caledonia, Michigan-based insurance brokerage announced. Acrisure said a group of investors led by funds managed by Blackstone’s GSO Capital Partners and Tactical Opportunities businesses (Blackstone), have significantly increased their investment …

POSTED DECEMBER 10, 2018 5:36 PM
Arkansas Jury Awards Woman $3M in Suit over Escalator-Mangled Toe
Jurors have awarded a New York medical student $3 million after she suffered a gruesome toe injury while riding an escalator at an Arkansas mall. The Arkansas Democrat-Gazette reports that a Pulaski County jury has ruled that 27-year-old Aisha Siddiqui …

POSTED DECEMBER 10, 2018 5:22 PM
Iowa Hardware Store Struck by Vehicles in 2 Accidents 5 Days Apart
The famous “jog” through the heart of Correctionville, Iowa, suffered a bit of a stumble in recent days. Make that stumbles. Plural. On Nov. 23, and again on Nov. 28, vehicles slid or rolled straight south on Driftwood, failing to …

POSTED DECEMBER 10, 2018 5:18 PM
Penn. Court Rules Employer Has Duty to Safeguard Employees’ Personal Info
The Pennsylvania Supreme Court has ruled that an employer has a legal duty to use reasonable care in safeguarding its employees’ sensitive personal information stored on an internet-accessible computer. This vacates earlier Trial Court and Superior Court decisions in the …

POSTED DECEMBER 10, 2018 5:16 PM
WCRI: Texas Workers’ Comp Medical Costs Per Claim Decreased Since 2014
Medical payments per workers’ compensation claim in Texas decreased from 2014 to 2016 for claims with more than seven days of lost time, evaluated as of 2017, according to a recent study by the Workers Compensation Research Institute (WCRI). This …

POSTED DECEMBER 10, 2018 5:15 PM
Texas Water Board: Cost to Curb Flooding over 10 Years — $31.5B
The cost to curtail damaging flooding across Texas over the next 10 years is more than $31.5 billion and state officials are urging lawmakers to adopt legislation meant to end a cycle of “repairing and rebuilding,” according to a series …

POSTED DECEMBER 10, 2018 5:11 PM
Commercial Lines Insurance Prices Up Slightly in 3Q 2018 over 2017
Commercial insurance prices in the U.S. increased by more than two percent in the third quarter of 2018, according to the Willis Towers Watson Commercial Lines Insurance Pricing Survey (CLIPS). The survey compared prices charged on policies written during the …

POSTED DECEMBER 10, 2018 3:45 PM
Oregon Suit Says Burning Homeless Camp Damaged Lawyer’s Home, Office
A Portland, Ore. lawyer whose home and business were seriously damaged when a fire started at a homeless camp has filed a $541,000 lawsuit against the city. Raylynna Peterson’s lawsuit filed last week says the city forced campers to move …

POSTED DECEMBER 10, 2018 3:42 PM
Damage from Massive Alaska Earthquake Evident at Military Base
Last week’s magnitude 7.0 earthquake near Anchorage caused multiple problems at the sprawling Joint Base Elmendorf-Richardson, including damage to steel frameworks, ceilings, and sprinkler and heating systems, military officials said Friday. But as with the rest of the earthquake zone, …

POSTED DECEMBER 10, 2018 3:39 PM
Probe into Student Death Finds California School Violated Rules
An investigation into a 13-year-old student’s death at a Northern California private school has found the school violated state rules when its staff put him in a face-down restraint position for nearly an hour. State education regulators found evidence that …

POSTED DECEMBER 10, 2018 3:34 PM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Tower Insurance Associates, Inc confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

   

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