March 3, 2010
Wal-Mart Stores Inc. will pay more than $11.7 million to settle a gender discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission, the agency said. The lawsuit accused the world’s largest retailer of regularly hiring male workers for warehouse …
March 3, 2010
Catastrophe risk modeling firm AIR Worldwide has estimated that insured losses in France, Belgium, Germany, and Netherlands from winter storm Xynthia will be between €1.5 billion and €3 billion [$2 to $4.1 billion]. The storm struck the Atlantic coast of …
March 3, 2010
Why was he death toll over 200,000 when an earthquake struck Haiti, while so far less than 1000 people have died from the one that struck Chile, which was approximately 500 times more powerful? One of the answers lies in …
March 3, 2010
Chilean rescue crews fanned out with sniffer dogs Wednesday around quake-ravaged cities and villages, some still hoping to find survivors and others to begin the daunting task of recovering the bodies buried under mountains of rubble. Four days after the …
March 3, 2010
Most sales teams when confronted with sagging results, realize how essential sales culture is to ones ultimate success. However, defining exactly what is meant by a term as broad and indistinct as “sales culture,” can be more difficult. What’s more, …
March 3, 2010
ISO has released a fully integrated automobile and property prefill product. QuickFill delivers any combination of ISO’s 34 automobile and property databases to insurance carriers at the point of quote. Data elements include prior claims and coverage information, registered vehicles, …
March 3, 2010
As Washington state legislators consider strengthening cell-phone and texting-related laws, a recent poll by PEMCO Insurance reveals that the number of Washingtonians who admit to illegally using a cell phone without a hands-free device while driving has more than doubled …
March 3, 2010
A fire that started in an unoccupied oceanfront hotel was fanned by hurricane-force winds and spread to several nearby buildings, engulfing and destroying an entire block of businesses on a stretch of Hampton Beach popular with summer tourists. No injuries …
March 3, 2010
RMI Consulting, a risk management consulting firm based in Port Washington, New York, has appointed Joseph Peiser as partner and chief operating officer. Peiser will oversee the day-to-day management of RMI Consulting and the firm’s risk purchasing division, RPG Management. …
March 2, 2010
It’s no secret that nonprofits are feeling the effects of a battered economy. Donations are down. State and federal funding are also down. Insurance providers say they are keeping a close watch on changing exposures in the wake of necessary …