Industry News

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Texas School Shooter’s Father Believes He Was Bullied
May 23, 2018
A 17-year-old student accused of fatally shooting 10 people at a Texas high school should be seen as a “victim” because he may have recently been bullied, causing him to lash out, his father said. In a phone interview over …

San Antonio Among Numerous Texas Cities With Drought Water Use Restrictions
May 23, 2018
Some South Texas cities have started restricting water usage due to dropping Edwards Aquifer levels amid drought conditions. The Edwards Aquifer Authority this week announced Stage 1 pumping restrictions after the 10-day average level of an index wel …

Dean at University of Wisconsin Accused of Harassment Resurfaces at 2 Other Schools
May 23, 2018
A University of Wisconsin-Stevens Point official who handled sexual misconduct complaints and resigned when he was accused of sexually harassing a woman on campus in 2015, went on to hold positions handling similar complaints at two other universitie …

Texas Agency Disputing Claim That Trooper Sexually Assaulted Woman
May 23, 2018
The Texas Department of Public Safety said it disputes allegations that one of its state troopers sexually assaulted a woman while he was arresting her on suspicion of drunken driving. A lawyer representing the woman said Monday that the trooper …

Movie Theater Hit by Lightning in South Dakota, Awaiting Claim Decision
May 23, 2018
The future of a central South Dakota movie theater is uncertain after lightning struck the facility, according to its owners. A digital projector, server and computer components were damaged last month at the Lyric Theatre in Faulkton, Aberdeen Ameri …

Kilauea Generates Toxic Gas Plume Called Laze
May 23, 2018
The eruption of Kilauea volcano in Hawaii sparked new safety warnings about toxic gas on the Big Island’s southern coastline after lava began flowing into the ocean and setting off a chemical reaction. The molten rock started pouring into the …

Insurers Welcome Global Regulation Provision in Banking Reform Bill
May 23, 2018
The financial services regulatory reform measure passed by Congress yesterday, which contains parts of more than 25 different bills, includes a provision on international insurance regulation that is being met with cheers by the insurance industry. T …

Family Reaches $13M Settlement with Seattle over Deadly Crash
May 23, 2018
The family of a couple killed in 2013 by a drunk driver has settled with the city of Seattle for $13 million. The family of Dennis and Judy Schulte settled with the city. Prosecutors say Mark Mullan was drunk when …

California Organized Investment Network Launches High Impact Service for Insurers
May 23, 2018
The California Organized Investment Network has launched the Impact Investment Marketplace, a portal to help facilitate high impact investments in underserved communities and environmental projects in California. The marketplace links those seeking c …

What Banks Got, Did Not Get in Dodd Frank Rewrite Passed by Congress
May 23, 2018
Congress on Tuesday rolled back some of the restraints imposed on banks after the 2007-2009 global financial crisis, but big players like Goldman Sachs, Morgan Stanley and JPMorgan Chase, will not be breaking out the champagne. While Wall Street bank …

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