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More Insurance News
New Mexico to go after $193M in Premium Taxes
New Mexico failed to collect at least $193 million in taxes on insurance premiums over the past five years, even as the state struggles this year to close a major budget shortfall, according to an independent review of collections. New …
Hailstorm Caused $4M in Damage to City in New Mexico
A small city in southeastern New Mexico is recovering after being hit with a strong hailstorm. The Hobbs News-Sun reported that Jal was struck this weekend with hailstones bigger than golf balls that caused an estimated $4 million in damage. …
Exxon to Pay $12M to Settle over Yellowstone Oil Spill
Exxon Mobil Corp. will pay $12 million for environmental damages caused by a pipeline break that spilled 63,000 gallons (238,474 liters) of crude into Montana’s Yellowstone River and prompted a national debate over lax pipeline safety rules, officials said Wednesday. …
Former California Rideshare Driver Charged with Assaulting Multiple Passengers
A former driver for Uber and Lyft has been charged with sexually assaulting several women while on the job, and Southern California investigators said that there are likely more victims. An 18-year-old college student reported that she was assaulted Friday …