Monthly Archives: <span>February 2016</span>

BHSI Launches Professional & Pollution Liability Coverage for Contractors

Berkshire Hathaway Specialty Insurance (BHSI) has launched Contractor’s Protective, Professional and Pollution (CP3) Liability Policy, which is available on a primary and excess basis for practice or project-specific risks in the U.S. Martin Andrejko, head of Contractors Professional, BHSI, said …

Homeowners Ask Judge to Rule Against New Jersey in Protective Dune Case

Nine oceanfront homeowners in Bay Head, New Jersey, are asking a judge to declare that the state has no legal right to seize parts of privately owned beaches for a protective dune project. In court papers filed Feb. 19, the …

Burnham Benefits Names Feldman Vice President

Burnham Benefits Insurance Services in California has named Denise Feldman vice president. Feldman has experience in the health care industry, regulatory compliance and the Health Insurance Portability and Accountability Act. Prior to Burnham Feldman spent six years as vice president …

Hoverboards Banned on San Francisco State University Campus

Students at San Francisco State University will have to come back from the future now that hoverboards have been banned from campus due to fire concerns. Administrators informed students by email Monday that the two-wheeled, self-balancing devices are prohibited on …

Wyoming Man Sentenced to Probation For Workers’ Comp Fraud

A Sheridan, Wyo. man accused of collecting disability payments while working for a tree service company has entered a no contest plea to one count of workers’ compensation fraud. The Sheridan Press reported that Victor Rodriguez recently entered the plea …

Seattle Considers Adding More Red Light Cameras

Red light cameras led to nearly 40,000 tickets in Seattle. in 2015. Now Washington’s largest city is considering adding more. KING-TV reported Seattle’s existing red light cameras brought in more than $5 million last year. The Seattle Department of Transportation …

Credit Card Buyers, Sellers Making Out Like Bandits

Cyber thieves who steal credit and debit card numbers are making millions of dollars in profits, fueling a global criminal enterprise marked by the high-profile data breaches of major companies such as Target and Home Depot. On average, a batch …

Widow of El Faro Crew Member Calls for More Oversight of Shipping in Bad Weather

The widow of one of the 33 crew members killed when the El Faro sank in a hurricane last fall called on Friday for stricter oversight of decisions by shipping companies and their captains to sail in adverse weather. Rochelle …

Bermuda-Based Mt. Logan Re Appoints Burke as Chief Financial Officer

Bermuda-based Mt. Logan Re Ltd. announced the appointment of Martin Burke as its chief financial officer, effective Feb. 22, 2016. Burke has 15 years of experience in senior finance roles in the reinsurance industry and was most recently with Sirius …

Brazil’s BB Seguridade Could Deliver Returns Near 60%, Despite Poor Economy

BB Seguridade Participações SA, the insurance unit of state-controlled Banco do Brasil SA, could deliver returns near 60 percent this year even as Brazil’s worst recession in decades hampers growth in underwriting premiums and fans delinquencies, Chief Financial Officer Werner …