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

North Dakota Nonprofit to Open $6M Heavy Equipment Safety Training Facility

The North Dakota Safety Council is beginning construction on a nearly 23,500-square-foot, hands-on heavy equipment safety training facility in Bismarck. The Bismarck Tribune reported that until now, companies have had to send workers to other states, such as Texas, for …

Lawsuit over Police Tactics in Ferguson Protests Dismissed

A federal judge has tossed out a $40 million civil rights lawsuit that alleged police used excessive force against protesters in Ferguson, Missouri, after the 2014 police shooting death of Michael Brown. U.S. District Judge Henry Autrey, in a 74-page …

New Jersey Train Engineer Says He Can’t Remember Crash

The engineer at the controls of the train that smashed into a commuter rail terminal, killing a woman and injuring more than 100 people, told federal investigators he was going only 10 mph as he approached the station but has …

CoverHound’s Cyber Insurance Site Now Open for Small Businesses

Two weeks after unveiling insurance offerings for small businesses on its online platform, CoverHound has launched another website—CyberPolicy.com—with cyber protection tools for a similar target market. Initially targeting slightly smaller businesses—those with 15 employees or fewer—CyberPolicy.com went live on Oct. …

Trial Underway for Owner of Maine Building Where 6 Died in Fire

An apartment house where six people died in a fire had been neglected during foreclosure and lacked alternative exits, allowing several bedrooms to become “death traps” when the blaze spread upstairs, a prosecutor said Monday to open the homeowner’s manslaughter …

Residents Forced Out of Virginia Condo Complex After Building Sinks

Several dozen people still cannot return to their Alexandria, Va., homes over fears that their condominium building could collapse. The building, part of River Towers Condominiums, was evacuated Sunday afternoon after officials say significant water damage to some of the …

Pennsylvania Helps High School Students Better Understand Auto Insurance

Pennsylvania education secretary Pedro Rivera and Insurance Commissioner Teresa Miller are focusing on helping high school students better understand car insurance. An interactive lesson titled “Insurance 101” was recently debuted for educators and students at Central Dauphin East High School …

Marsh Hires Maryland-Based Hewett to Construction Practice

Global insurance broker Marsh has hired David Hewett as a U.S. contract surety leader in its construction practice. In this newly created role, Hewett will work closely with Marsh’s surety practice to deliver solutions to construction clients across the U.S. …

China’s Shenzhen Qianhai Reported to Be Buying Singapore Reinsurer ACR Capital

Shenzhen Qianhai Financial Holdings Co. is close to an agreement to buy ACR Capital Holdings Pte, a reinsurer backed by Singapore’s Temasek Holdings Pte, for about $1 billion, according to people with knowledge of the matter. A deal may be …

London Insurance Market Prepares to Hold Catastrophe Response Test

The London insurance market plans to test its response this month to a major catastrophe on the scale of the 9/11 attacks, the chairman of insurer Hiscox said on Tuesday. While insurers have coped with regular hurricanes, earthquakes and terrorist …