October 7, 2016
A Spanish language teacher who was fired from Lane Community College in Eugene, Ore. has filed a lawsuit against the college alleging ethnic discrimination and retaliation. The Register-Guard reported Maria Gutierrez, of Veneta, filed the suit Monday and is seeking …
October 7, 2016
While Hurricane Matthew has the potential to erode some of the global reinsurance sector’s excess capital, its overall capital position is not expected to deteriorate below the ‘AAA’ level, according to a report published by S&P Global Ratings. This would …
October 7, 2016
A hurricane threatening the first direct hit on the United States in more than a decade could cause insurance losses of $25-30 billion and be the second costliest U.S. hurricane on record for insurers, according to initial industry estimates. Hurricane …
October 7, 2016
About 600,000 Florida homes were without power on Friday due to Hurricane Matthew and more outages were likely, Governor Rick Scott told a news conference, as the storm moved near the state’s Atlantic coast on a northward track after killing …
October 7, 2016
The National Association of Insurance Commissioners (NAIC) has elected Maryland Insurance Commissioner Al Redmer Jr. to serve on the board of the Utilization Review Accreditation Commission (URAC). Redmer will replace Insurance Commissioner Wayne Goodwin from North Carolina as the NAIC …
October 7, 2016
Officials at a Pennsylvania hospital say a July air conditioning malfunction that pumped humid air into operating rooms cost the hospital an estimated $13.5 million in damages. LNP newspaper reports that figure doesn’t include the price to repair the failed …
October 7, 2016
Travelers along the East Coast are preparing for delays and cancellations as Hurricane Matthew heads toward the U.S. Airlines are preparing to suspend flights from Florida up through Georgia, South Carolina and North Carolina, depending on where the hurricane strikes. …
October 7, 2016
Markel and EMC Insurance Companies have invested in the Global Insurance Accelerator, a business accelerator focused on developing innovative insurance-centric startups. The GIA launched in 2013 modeled on technology accelerators where seed funding and business assistance is provided to startups …
October 7, 2016
The operator of the popular Philadelphia duck boat tours has suspended operations in the city “indefinitely,” the company said. Branson, Missouri-based Ride the Ducks announced on its website Wednesday that it made the move due to financial reasons. “Due to …
October 7, 2016
Millions of people in the U.S. southeast were ordered to flee as Hurricane Matthew, set to become the strongest storm to hit the country since 2005, headed toward Florida’s East Coast after leaving hundreds dead in Haiti. The storm was …