Posts From the monthly archives: "April 2015"

A magnitude 3.4 earthquake hit Carson, Calif. early Thursday, but no damage was reported. The quake was widely felt from downtown Los Angeles to Long Beach. It hit at 7:01 a.m. at a depth of 9.1 miles, according to the … The article Small quake Strikes Southern California, No Damage Reports appeared…(Read More)

Swiss Re, Europe’s second-biggest reinsurer, said regulators should prevent catastrophe bonds from being repackaged like subprime mortgages. “It’s important for traditional players like us and regulators that we make sure we don’t get into a situation where you start having … The article Catastrophe Bonds Risk Subprime Slice-Up, Swiss Re Says…(Read More)

Kimberly El Amrani is the recipient of The Matt Wells Scholarship for The National Alliance Producer School, which will be held May 13-15 in Tallahassee, Florida. She is the principal owner/agent with Prime Insurance Group, LLC, a Trusted Choice agency … The article Virginia Agency Owner Earns Wells Producer Scholarship appeared first on Insurance…(Read More)

Appalachian State University’s risk management student team has been named the winner of the Spencer-RIMS Risk Management Challenge. The announcement was made at the RIMS 2015 Conference & Exhibition Finale, by RIMS Executive Director Mary Roth. Established in 1979 to … The article North Carolina’s Appalachian State Wins 2015 RIMS Risk Management Challenge…(Read More)

The average medical payment per claim for treating injured workers fell by 5 percent in California in 2013, according to a study by the Workers Compensation Research Institute. The findings could reflect some early impact of the state’s reform legislation, … The article WCRI: Medical Payment Per Claim in California Fell Following Reforms appeared first…(Read More)

The Baltimore Orioles will play a home game against the Chicago White Sox on Wednesday in an empty stadium, a safety precaution due to the downtown riots triggered by a black man’s death while in police custody. The Orioles had … The article Orioles to Play Game in Empty Baltimore Ballpark Wednesday appeared first on…(Read More)

Bumble Bee Foods and two managers have been charged by Los Angeles prosecutors with violating safety regulations in the death of a worker who was cooked in an industrial oven with tons of tuna. Jose Melena was performing maintenance in … The article Bumble Bee, 2 Managers Charged in Oven Death of California Worker appeared…(Read More)

A long-awaited bill to make it harder to sue Colorado homebuilders for defective construction has failed in the Colorado legislature. The bill was rejected Tuesday by a House committee controlled by Democrats. The measure would have revised procedures for construction … The article Construction Lawsuit Liability Bill Defeated In Colorado House appeared first on Insurance…(Read More)

Uninsured drivers could see potential payouts from car-crash lawsuits limited under a proposed Nevada law. Republican Assemblyman Pat Hickey of Reno is sponsoring AB7 and presented the measure this week to the Senate Judiciary Committee. The measure would allow uninsured … The article Nevada Bill Would Limit Payouts for Uninsured Drivers in Crashes appeared first…(Read More)

Los Angeles fire officials say a brush fire in California that that briefly threatened homes in a heavily populated suburban neighborhood was caused by sparks from a power tool that a homeowner was using to clear brush. Fire Department spokesman Brian Humphrey … The article California Suburban Wildfire Sparked by Power Tool appeared first on…(Read More)