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14 02, 2020

Deepwater Horizon Oil Spill in 2010 Was Bigger Than Satellite Images Showed

By | February 14th, 2020|Uncategorized|Comments Off on Deepwater Horizon Oil Spill in 2010 Was Bigger Than Satellite Images Showed

Toxic and invisible oil spread well beyond the known satellite footprint of the 2010 Deepwater Horizon oil spill, according to a new study. Scientists at the University of Miami (UM) Rosenstiel school of Marine and Atmospheric Science say their findings …

14 02, 2020

With Ultimate Frisbee Sport Catching On, Researchers Track Pro Athletes’ Injuries

By | February 14th, 2020|Uncategorized|Comments Off on With Ultimate Frisbee Sport Catching On, Researchers Track Pro Athletes’ Injuries

Researchers at the University of Alabama at Birmingham have published what they believe is the first look by medical science at injury rates of professional athletes from Ultimate, originally known as Ultimate Frisbee, an increasingly popular sport. They have found …

14 02, 2020

Alliant Names USI’s Parvey Vice President in Oregon

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Alliant Insurance Services Inc. has named Casey Parvey vice president. The Portland, Ore.-based Parvey will provide risk and insurance solutions to a client base throughout the region. Parvey has a background in workers’ compensation, property, liability and other lines of …

14 02, 2020

Distinguished Programs Promotes Madsen to Pacific Northwest Sales Executive

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Distinguished Programs has promoted Jack Madsen to the role of regional sales executive. In his new role, Madsen will consult with retail agents and brokers across all of Distinguished Programs’ insurance products and services, covering the Pacific Northwest, including Nevada, …

14 02, 2020

Idaho Falls Agent Pleads Guilty to Insurance Fraud

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Idaho insurance agent Misty A. Adams was taken into custody this week after being sentenced for insurance fraud. A licensed insurance producer from Idaho Falls, Adams, 45, reportedly backdated her son’s auto insurance policy after he was involved in a …

14 02, 2020

Insured Losses for Europe’s Storm Ciara-Sabine Estimated at $1.2B to $2.1B

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Catastrophe risk modeling firm AIR Worldwide estimates that insured losses due to wind from Europe’s winter storm Ciara (also known as Sabine) will range between €1.1 billion and €1.9 billion (US$1.2 billion and US$2.1 billion), with the majority of claims …

14 02, 2020

B3i’s Blockchain Platform Places 30 Reinsurance Contracts, Including Cat XoL Treaties

By | February 14th, 2020|Uncategorized|Comments Off on B3i’s Blockchain Platform Places 30 Reinsurance Contracts, Including Cat XoL Treaties

B3i Services AG, a two-year-old company owned by members of the insurance industry, announced that 30 contracts of reinsurance have been concluded on its platform, including some of the most complex catastrophe excess of loss (XoL) reinsurance treaties. Nine insurers, …

14 02, 2020

Lawsuit Alleges Pennsylvania School District Knew About Lead, Asbestos Contamination

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Current and former employees of a Pennsylvania school district claimed in a lawsuit filed Monday that officials knew for years that unsafe levels of lead and asbestos posed potential health risks for students and staff but never disclosed the information …

14 02, 2020

Vermont Governor Announces Decreases in Workers’ Comp Rates

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Vermont Governor Phil Scott announced that rates for workers’ compensation premiums will drop by about 11% when new rates take effect in April. Scott’s administration said the reductions are part of a trend in workers’ compensation rates, which have decreased …

14 02, 2020

Man Gets 15 Years for Conspiring to Set Fire to His Business in Maryland

By | February 14th, 2020|Uncategorized|Comments Off on Man Gets 15 Years for Conspiring to Set Fire to His Business in Maryland

A man convicted of conspiring to set fire to his Maryland business to collect insurance money has been sentenced to 15 years in federal prison. The office of the U.S. Attorney in Maryland said Demetrios Stavrakis, 54, of Lutherville-Timonium, was …