Mine Worker Advocates Worried Coal Firm’s Tax Cut Jeopardizes Black Lung Fund

Article 0 Comments The Trump administration and coal industry allies are insisting that a federal black lung trust fund will continue to pay benefits to sick miners despite a drastic cut in funding. But the expected shortfalls will be covered by taxpayers instead of coal companies, adding more debt to […]

9 Insurance Agency Start-Ups: Why and How They Set Out on Their Own

Article 0 Comments What motivates people to take a risk in an industry dedicated to managing risk? New independent agencies are born of various circumstances. Sometimes it’s about seizing an opportunity that comes along; other times, it’s about creating something out of necessity. Sometimes it’s about being at the right […]

Hurricane Michael, Other Challenges Impacting Georgia’s Timber Industry

Article 0 Comments Georgia’s timber industry is facing many headwinds as it seeks to recover from the severe damage wrought by Hurricane Michael late last year. The storm erased three-quarters of a billion dollars in timber, The Columbus Ledger-Enquirer reported. Aside from Hurricane Michael, the industry has been facing other […]

Nuclear Power Industry Pushes for Fewer Inspections

Article 0 Comments The nuclear power industry is pushing the Nuclear Regulatory Commission to cut back on inspections at nuclear power plants and throttle back what it tells the public about plant problems. The agency, whose board is dominated by Trump appointees, is listening. Commission staffers are weighing some of […]

Sandy Hook Families Can Sue Gunmaker Remington, Court Rules

Article 0 Comments The gun industry suffered a stinging setback as Connecticut’s top court said families of victims of the 2012 Sandy Hook Elementary School massacre could move ahead with their lawsuit against Remington Arms Co. over its marketing of military-style Bushmaster weapons. In a first-of-its-kind decision, the state Supreme […]

Climate Activists to Pressure U.S. Insurers Underwriting Fossil Fuel Industry

Article 1 Comments Expect calls for the insurance industry to stop investing in or insuring the fossil fuel industry and fossil fuel projects to grow louder in California and throughout the U.S. A new petition by several climate change and consumer activist groups will be calling for new California Insurance […]

Insurers Remain Cautious About Marijuana Insurance Market

Article 1 Comments The marijuana industry is an opportunity for insurers as more states have legalized the drug. But there are still risks in play that could limit wider carrier participation, A.M. Best said in a new report. One of the key barriers is the federal government still classifies it […]

IIAV Names Bragg as Director of Membership & Marketing

Article 0 Comments After more than 25 years in the insurance industry, Donald Bragg has joined the Independent Insurance Agents of Virginia as the director of Membership & Marketing. Bragg comes to IIAV with experience in both personal lines and commercial lines insurance as well as managing agency relationships. Donald […]

Daimler, BMW Partner to Develop Industry Standards for Autonomous Driving Technology

Article 0 Comments Daimler and BMW are teaming up to develop autonomous driving technology to cut costs and set an industry standard that can help to shape future regulation for self-driving cars, senior executives said on Wednesday [March 6]. “It is a chicken and egg situation. Somebody has to standardize […]

Report: Insurers in Texas Provide Security, Investment and Jobs for Texans

Article 1 Comments A new report shows the impact of the insurance industry in Texas and the contributions it makes to the state. In addition to providing financial security and helping manage risk for Texans in all walks of life, insurance companies invested nearly half a trillion dollars in the […]