13 11, 2024

Amtrak Service Disrupted After Fire Near Tracks in New York City

By | November 13th, 2024|Uncategorized|Comments Off on Amtrak Service Disrupted After Fire Near Tracks in New York City

Amtrak service in parts of the Northeast was disrupted or delayed Tuesday after a fire broke out near a train route in New York City. Amtrak said initial reports indicated a brush fire stemming from a transformer at an Amtrak …

14 11, 2024

Hub Acquires R.K. Gore & Associates in Utah

By | November 14th, 2024|Uncategorized|Comments Off on Hub Acquires R.K. Gore & Associates in Utah

Hub International Ltd. acquired the assets of R.K. Gore & Associates in Lehi, Utah. Robert Gore, owner, and the R.K. Gore & Associates team will join Hub Southern California and Utah. R.K. Gore & Associates will be referred to as …

14 11, 2024

California Labor Commissioner Recovers Nearly $1M in for Bakery Workers

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The California Labor Commissioner’s Office reached a $942,604 settlement in a case involving a wholesale bakery in Vista that closed its doors without paying 187 workers. Baked in the Sun shut down without paying its employees, resulting in workers not …

14 11, 2024

Aspire Names Braud Vice President of Casualty Claims

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Jeremy Braud joined Aspire General Insurance as vice president of casualty claims. Braud has more than 20 years of industry experience, most recently as regional claims manager at National General. Previous roles include unit manager at AIG Personal Lines Claims …

14 11, 2024

Police Cruiser Strikes and Kills Bicyclist Pulling Trailer in Vermont

By | November 14th, 2024|Uncategorized|Comments Off on Police Cruiser Strikes and Kills Bicyclist Pulling Trailer in Vermont

A bicyclist pulling a trailer in Vermont died after he was struck by a police cruiser, state police said. The crash happened just before 3 a.m. Monday on U.S. Highway 7 in South Burlington. The officer, a sergeant with the …

14 11, 2024

Report: Decline in Worker Death Investigations Related to Focus on Safety

By | November 14th, 2024|Uncategorized|Comments Off on Report: Decline in Worker Death Investigations Related to Focus on Safety

Fewer workers are dying from hazards where the federal safety resources have been focused, according to a new report. Preliminary agency data show a decrease in fatalities the U.S. Department of Labor’s Occupational Safety and Health Administration is mandated to …

14 11, 2024

Underwriting Games: To Manage the Cycle Effectively, Focus on Behavior

By | November 14th, 2024|Uncategorized|Comments Off on Underwriting Games: To Manage the Cycle Effectively, Focus on Behavior

Executive summary: When actual prices line up with technical prices, insurers expect underwriting profits to emerge. But what if underwriters find ways to adjust technical prices downwards? In the second part of a two-part series, Tony Buckle and John Carolin, …

14 11, 2024

Family of Security Guard Shot and Killed at Oregon Hospital Sues Facility for $35M

By | November 14th, 2024|Uncategorized|Comments Off on Family of Security Guard Shot and Killed at Oregon Hospital Sues Facility for $35M

The family of a security guard who was shot and killed at a hospital in Portland, Oregon, sued the facility for $35 million on Tuesday, accusing it of negligence and failing to respond to the dangers that the gunman posed …

14 11, 2024

Ex-Managing Director Ravich Sues TCW Over Firing ‘for Cause’

By | November 14th, 2024|Uncategorized|Comments Off on Ex-Managing Director Ravich Sues TCW Over Firing ‘for Cause’

TCW Group Inc. was sued by former group managing director Jess Ravich, who claims the asset manager made up grounds to fire him following a sexual harassment accusation in order to deny him tens of millions of dollars. The lawsuit …

14 11, 2024

Florida Commission Accepts Three New Flood Models as Storm Impacts Rise

By | November 14th, 2024|Uncategorized|Comments Off on Florida Commission Accepts Three New Flood Models as Storm Impacts Rise

As with computer models that help predict risk from hurricane winds, insurers now have more than one model to use when gauging flood damage in storm-soaked Florida. The Florida Commission on Hurricane Loss Projection Methodology this month accepted three flood …