July 7, 2014
The frequency and cost of natural disasters in the United States has increased exponentially in the past two decades. The cost to property, life and the economy is pushing the issue to the top-of-minds for many in Washington, D.C., local …
July 7, 2014
Injured workers who suffer from anxiety over fears of being fired exhibit poorer return-to-work outcomes than those that trust their employers not to fire them. Trust in the workplace is one of the more important predictors of workers’ comp outcomes, …
July 7, 2014
Road Safety Projects “Strengthening vital infrastructure across the state is critically important to ensuring the safety of our communities, both today and for future generations.” —New York Gov. Andrew Cuomo on road safety projects. Cuomo announced on June 10 that …
July 7, 2014
Ridesharing services are becoming increasingly popular among consumers looking for a more convenient alternative to taxis or other forms of public transportation, and startup ridesharing companies have been cropping up everywhere trying to ride the heels of the success experienced …
July 7, 2014
The share-and-share-alike attitude considered a virtue by some has become fighting words between ridesharing companies and the insurance industry. “We try not to make it a battle,” says Robert Passmore, senior director of personal lines for the Property Casualty Insurers …
July 7, 2014
As waves of capital reshape reinsurer’s business model, the property/casualty (P/C) insurance industry needs to change, although how remains a matter of debate. Reinsurers face a growing threat from the capital markets — hedge funds, pensions and others that have …
July 7, 2014
The earth’s surface consists of 25 interlocking plates. —National Aeronautics and Space Administration The earth’s plates move at a rate of roughly 2 centimeters per year. —National Aeronautics and Space Administration The largest recorded earthquake in the United States was …
July 7, 2014
Florida’s BB&T Insurance Services has promoted Gino Littlestone to senior vice president in BB&T-Oswald Trippe and Co.’s commercial lines division specializing in condominiums. Littlestone has been employed with BB&T-OTC for more than 18 years. He received BB&T-OTC’s President’s Club Award …
July 7, 2014
A 1.3 percent surcharge on most property/casualty policies in Florida to help pay for past hurricane claims is coming to an end earlier than originally planned. The Florida Cabinet voted recently to end the assessment on policyholders that was begun …
July 7, 2014
The Atlanta Braves baseball team has asked an appeals court to uphold a special rule and find the team not liable for the serious injuries suffered by a 6-year-old girl who was struck by a ball. Lawyers for the team …