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Industry News

Researchers: Houston Skyscrapers Slowed Hurricane Harvey, Causing More Rain

Humans helped make recent devastating U.S. hurricanes wetter but in different ways, two new studies find. Hurricane Harvey snagged on the skyscrapers of Houston, causing it to slow and dump more rain than it normally would, one study found. The …
Louisiana to Get Another $164 Million in BP Oil Spill Restoration Grants

Louisiana is getting $161.4 million in restoration grants from the 2010 BP Gulf of Mexico oil spill to restore two barrier islands and a headland in the Terrebonne Basin. The work will restore Timbalier and Trinity islands, which “are currently …
Louisiana Posts 13 Straight Months of Job Gains

Seasonally adjusted data released by the Bureau of Labor and Statistics shows that seasonally adjusted nonfarm employment in Louisiana increased by 19,400 jobs to 1,989,700 since October 2017. According to the Louisiana Workforce Commission (LWC), seasonally adjusted nonfarm jobs have …
Ohio State Researchers: Road Design Impacts Distracted Driving Crash Frequency

A new study from Ohio State University’s Risk Institute reveals road design modifications can reduce the frequency and severity of distracted driving crashes. According to the Property Casualty Insurers Association of America (PCI), which funded the Risk Institute’s study, researchers …
Pilot, Paramedic, Nurse Killed in North Dakota Air Ambulance Crash

An air ambulance on its way to pick up a patient crashed shortly after taking off in North Dakota, killing all three people on board, and military officials involved in the response said the plane may have broken up in …
Navajo Nation President Extends Crop Insurance Amid New Mexico Drought

Outgoing Navajo Nation President Russell Begaye has extended the tribe’s crop insurance amid ongoing extreme drought conditions. The Gallup Independent reports Begaye signed the insurance contract earlier this month. He says it will protect the tribe’s pastures, rangelands and forage …
Earthquake Confirmed in Washington’s Olympic Peninsula

A magnitude 4.1 earthquake has shaken an area beneath Olympic National Park south of Port Angeles, the U.S. Geological Survey has confirmed. The USGS reported the earthquake hit just after 3 a.m. Monday. There were no immediate reports of damage. …
Chubb Partners with Conservation Group on Flood Protection in Miami

Chubb announced that it is partnering with The Nature Conservancy, the world’s largest conservation organization, to work together in Miami to reduce the risk from storm impacts and rising sea levels on the vulnerable coastline. The collaboration, funded by a …
EPA Warns on Chemical Found in Nonstick Coatings

Long-term exposure to a chemical compound currently used for making nonstick coatings appears to be dangerous, even in minute amounts, according to draft findings released by the Environmental Protection Agency. It was the first time EPA weighed in on newer, …
Generali Earmarks €4 Billion ($4.6 Billion) for Acquisitions, Growth

Generali has earmarked up to four billion euros for acquisitions and growth as it looks to asset management and high-margin business in Latin America and Asia to fuel earnings. Italy’s top insurer — which generates most of its revenues in …

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