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

Massachusetts Tax on Ridesharing to Go to Taxis, Infrastructure

Massachusetts is preparing to levy a 5-cent fee per trip on ride-hailing apps such as Uber and Lyft and spend the money on the traditional taxi industry, a subsidy that appears to be the first of its kind in the …

66% of Insurers Plan Increased Hiring Over Next Year: Study

More than 66 percent of insurance companies intend to increase staff during the next 12 months, according to a new midyear labor study. That rate is the highest in the history of the study, The U.S. Insurance Labor Outlook Study, …

Typhoon Mindulle Batters Tokyo, Bringing Risk of Floods and Landslides

Tokyo was pummeled by rain and winds as Mindulle became the first typhoon to make landfall near the metropolitan region in 11 years on Monday, bringing the risk of floods and landslides. The typhoon’s center was estimated to have passed …

Lloyd’s Insurer ArgoGlobal Grabs O’Gorman from CNA to Lead Marine Team

ArgoGlobal, the Lloyd’s insurer and member of Argo Group, announced the appointment of Steve O’Gorman as head of Marine, effective Aug. 22. He reports to Bruno Ritchie, director of underwriting and active underwriter. The former head of Marine, Philip Thorpe-Apps, …

Reinsurers’ Strong Enterprise Risk Management Key to Success – and Survival: S&P

The reinsurance sector’s focus on strong enterprise risk management (ERM) frameworks is helping them weather the many headwinds hitting both the asset and liability sides of their balance sheets, according to a report issued by S&P Global Ratings. These headwinds …

Executive Leadership Changes Support Growth Strategy for Breckenridge Insurance Group

Atlanta, GA, August 22, 2016 — Breckenridge Insurance Group has filled several key leadership positions due to planned growth. The wholesale specialty insurance provider continues its efforts to strengthen operations and distribution capabilities with the hiring of two new executives …

Study: Bike Helmets Lower Risk of Brain Injuries, Death

Despite some criticism of bike helmets for not being protective enough, they do cut the risk of severe traumatic brain injury (TBI) by half when riders suffer a head injury, a U.S. study suggests. Riders with helmets were also less …

Tennessee’s Hudgens Tapped to Head Southern Workers’ Comp Group

The administrator of Tennessee’s Bureau of Workers’ Compensation has been named president of the Southern Association of Workers’ Compensation Administrators. Abbie Hudgens has been administrator of the state agency since 2011. She was appointed to continue by Gov. Bill Haslam …

Nearly $200k Granted to Flood-Damaged Businesses in West Virginia

The state has given a round of almost $200,000 in grants to 23 Greenbrier County small businesses damaged by floods. Gov. Earl Ray Tomblin announced the grants Thursday at Cook’s Country Kitchen in White Sulphur Springs and D&D Hardware in …

Former Students Sue Kentucky Catholic School Over Sexual, Racial Harassment

Three former students of a Catholic high school in Lexington, Ky., have sued the school, accusing administrators of failing to discipline those allegedly responsible for acts of sexual harassment and racial discrimination. Washington-based attorney Amos Jones filed three lawsuits on …