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Archive for July 2016

Hot Weather Can Be Hazardous to Workers

With an extended heat wave gripping the nation, employers and workers are being reminded of the hazards associated with working in the heat. According to the National Oceanic and Atmospheric Administration (NOAA), high temperatures and increased humidity will continue throughout … Source: Claims Journal

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S&P: P/C Insurers in US Expected to Hit Rough Patch

Property/casualty insurers face a tough year, according to a newly released report published by S&P Global Market Intelligence. The 2016 U.S. P&C Insurance Market Report indicates that a combination of elevated catastrophe losses, unfavorable results in the private passenger auto … Source: Claims Journal

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People News: HIIG, Farmers, Engle Martin

HIIG Announces Senior Management Promotions Houston International Insurance Group (HIIG), an insurance holding company based in Texas, announced senior management promotions of Peter Smith, Susan Swails, and Richard Hitch. Peter B. Smith has been promoted to president of the Holding … Source: Claims Journal

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Massachusetts FAIR Plan Agrees to Refund Homeowners $350K

The Massachusetts Property Insurance Underwriting Association (FAIR Plan) has agreed to pay $350,000 to resolve allegations that it wrongly cancelled homeowners insurance policies over a four-year period, according to Attorney General Maura Healey. According to court documents, the residual market … Source: Claims Journal

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No Headgear for Olympic Boxers Worries Some

Although Antonio Vargas still thinks about the cut that nearly ended his Olympic dream, his unprotected head will be clear when he steps into the ring in Rio de Janeiro. Vargas grew up sparring and competing in protective headgear, so … Source: Claims Journal

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New York City Bank Thieves Stole $5M in Cash, Diamonds

Bank burglars reminded New York’s top police official of a Hollywood movie as they pulled off two nighttime heists, snatching about $5 million in cash, diamonds, jewelry, coins and baseball cards from safe deposit boxes before they were caught, authorities … Source: Claims Journal

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