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News – Insurance Journal

15 Emerging Risks from Policies to Playgrounds, Sandboxes to Scooters
When insurance experts are asked what they see as the most important emerging risk for the property/casualty insurance industry, their consensus is cyber in some form. While cyber obviously poses tremendous risks, some experts are also eyeing a variety of …

POSTED OCTOBER 18, 2018 3:13 PM
Alaska Pilot Awarded $500K in Airplane Safety Whistleblower Case
A federal judge has sided with an Anchorage, Alaska pilot who claimed a Homer-based air carrier fired him for reporting safety problems. Brian Bell had reported that Bald Mountain Air Service falsified safety records and had gaps in drug and …

POSTED OCTOBER 18, 2018 2:38 PM
California to Cite Utilities More than $13M for Safety Violations
California regulators have fined two utilities more than $13 million for violations of safety rules for incidents that caused injuries. The Public Utilities Commission hit Southern California Edison with an $8 million citation for a downed power line that was …

POSTED OCTOBER 18, 2018 2:35 PM
Tired Employees Common in Industries Using Shift Work
More than two-thirds (69 percent) of employees are tired at work, increasing the risk of injuries and incidents on the job, according to the National Safety Council. Many of these fatigued employees work in the construction, transportation, manufacturing and utilities …

POSTED OCTOBER 18, 2018 2:05 PM
New Hampshire Insurance Company Trains Workers on Overdose Reversal Drug
Employees at one of New Hampshire’s community mental health centers are getting trained to administer overdose reversal drugs. Harvard Pilgrim Health Care on Friday held a training session for employees at Riverbend Community Mental Health in Concord as part of …

POSTED OCTOBER 18, 2018 1:52 PM
Uber Driver Charged with Kidnapping New York Woman
An Uber driver in New York City kidnapped a woman who fell asleep in his vehicle, groped her in the back seat and then left her on the side of a highway in Connecticut, federal authorities said Tuesday. Harbir Parmar, …

POSTED OCTOBER 18, 2018 1:47 PM
Mo’s Seafood in Maryland to Pay $1M to Workers Who Sued Over Pay
The company operating Mo’s Seafood restaurants will pay $1 million to settle a lawsuit with 34 former employees who said they were underpaid. In the collective-action lawsuit filed against Mo’s Fisherman Exchange Inc. and owner Mohammed Manocheh in 2015, waiters …

POSTED OCTOBER 18, 2018 1:41 PM
Applied Systems Acquires Benefits Software Firm Dynamis
Fresh off its announcement of Google becoming a minority investor, insurance agency technology provider Applied Systems announced it has acquired Dynamis Software Corp., a Milwaukee-based provider of employee benefits software. This acquisition expands Applied System’s employee benefits offerings. The firm …

POSTED OCTOBER 18, 2018 1:36 PM
Travelers Q3 Profit More than Doubles on Lower Catastrophe Losses, Higher Premiums
Third quarter profit more than doubled at Travelers Corp. due to higher premiums and investment income and lower catastrophe losses, the insurer reported. Net income came in at $709 million, up from $293 million for the third quarter last year. …

POSTED OCTOBER 18, 2018 1:12 PM
Update: Liberty Mutual Conducts Strategic Review of Pembroke Managing Agency
Liberty Mutual Insurance announced it is undertaking a strategic review of its London-based Pembroke Managing Agency Ltd., acquired through the lronshore purchase in May of 2017. The company has retained Evercore to serve as its adviser during the process. A …

POSTED OCTOBER 18, 2018 12:31 PM

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