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

Dakota Access Pipeline Worker Killed in Accident, Official Says

A man working on the four-state Dakota Access oil pipeline was killed in an apparent accident in western North Dakota, a state regulator said. North Dakota Public Service Commissioner Brian Kalk said the man, whose name has not been released, …

Woman High on Drugs and Driving on Wheel Rim Sparked California Wildfires

Fire officials in southern California say a car driven by a woman high on drugs has sparked several wildfires that so far have burned 450 acres and prompted evacuations. Authorities say Renee Hogan was arrested Sunday. The California Highway Patrol …

Brexit Vote Prompts Inquiries from Insurers Weighing Opening Offices in Dublin

Ireland says the Brexit vote has led to a jump in inquiries from London firms considering opening offices in Dublin, one of a handful of European cities trying to draw business away from Britain’s financial center. Irish officials say they …

Restaurant Programs of America Taps Enos as VP of Sales in California

Restaurant Programs of America LLC has named Peter M. Enos vice president of sales in the firm’s Los Angeles office. Enos has for 25 years provided risk management solutions to clients in a variety of specialties including restaurants, hospitality, health …

Low Interest Rates Pose Unknown Risks for European Insurers: CEO of Gjensidige

Cheap money could have unknown consequences for Europe, according to the chief executive officer of Gjensidige Forsikring ASA, Norway’s largest listed insurer. “It’s a sign of sickness for the economies in Europe when rates are this low,” Helge Leiro Baastad, …

Hospital Surgery Rates for Workers’ Compensation Vary Widely

Hospital rates for outpatient surgery paid by workers’ compensation vary significantly across states with states with fixed fee schedules having lower surgery costs for injured workers. Workers compensation costs for injured worker surgery also vary a great deal from Medicare …

How Public Universities Are Transferring Risks to Private Sector

U.S. public universities are increasingly turning to public-private partnerships to develop student housing and other campus projects, sometimes using the structure to transfer borrowing and liability risks to the private sector. Over the last five years, there has been an …

Governor Cuomo Reviewing Bill to Establish Fines for New York Airbnb Users

New York Gov. Andrew Cuomo must soon decide whether to authorize hefty fines for many people who offer to rent out their New York City apartments on Airbnb. Meanwhile, the online booking service said it’s policing its website to remove …

NAIC San Diego: Self-Driving Cars and Regulatory Renewal

Insurance regulators are a diverse bunch. Some are elected, while others are appointed. Some are Republicans, while others are Democrats. At the triennial meeting of the National Association Insurance Commissioners in San Diego, regulators were united in their interest and …

UK’s Aviva to Hire JPMorgan’s Singh to Head Global M&A, Source Says

Aviva Plc hired Chetan Singh, a managing director at JPMorgan Chase & Co., to head its mergers and acquisitions globally as the British insurer scouts for deals outside its home market. Singh, who led dealmaking for financial institutions in Southeast …