Archive for May 2016
Labor Unions Searching for Strategies to Join the Gig Economy
The International Association of Machinists and Aerospace Workers trumpeted an agreement reached earlier this month to represent New York Uber drivers, saying it “gives organized labor an opportunity to shape the new economy in a way that supports and values … Read More Read more here:: Insurance Journal
Read MoreBeazley Expands Environmental Team in U.S. with XL Catlin, AIG, Ironshore Hires
Specialist insurer Beazley has made several senor hires to expand its environmental liability insurance team in the U.S. The Beazley environmental team now has 20 associates strong across the U.S., with local underwriting and claims contacts in every region. Chris … Read More Read more here:: Insurance Journal
Read MoreChina’s Ping An Joins Global Blockchain Consortium, Led by Fintech Firm R3
China’s second-biggest insurance company, Ping An Group, has become the first Chinese member of a global consortium led by fintech firm R3 which is working on ways blockchain technology can be used in financial markets, the companies said on Tuesday. Ping An … Read More Read more here:: Insurance Journal
Read MoreNew York Auditors Find $3.45M in Faulty Workers’ Comp Claims
New York auditors report preventing 206 incorrect claims for $1.85 million in workers’ compensation and medical benefits last year while identifying 417 duplicate claims for $1.6 million paid over the past two years. The Comptroller’s Office, which keeps three auditors … Read More Read more here:: Insurance Journal
Read MoreAllianz Expands Entertainment Division to NYC With New Hires
Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has expanded its Entertainment division with the appointment of four key hires, based in New York City. Allianz Group said this new team in New York City represents a … Read More Read more here:: Insurance Journal
Read MoreMagnitude 4.6 Quake Hits Central Alaska, Officials Say
A magnitude 4.6 earthquake rattled central Alaska over the weekend, officials confirmed. The U.S. Geological Survey says the temblor struck at about 3:30 a.m. Saturday, and was centered 110 miles northwest of Anchorage at a depth of 78 miles. Police … Read More Read more here:: Insurance Journal
Read MoreWyoming Hospital Headed for Bankruptcy after Numerous Lawsuits
A Powell, Wyo. hospital has filed for bankruptcy as it faces about 20 lawsuits over surgeries performed by a former orthopedic surgeon. The Powell Tribune reported that Powell Valley Healthcare’s board of directors approved filing for Chapter 11 bankruptcy Monday. … Read More Read more here:: Insurance Journal
Read MoreWashington Judge OKs Mobile Home Lawsuit Settlement
A Grant County judge has given preliminary approval to a settlement in a class action lawsuit filed by mobile homeowners against their landlord in central Washington. The lawsuit alleges that Royal Coachman Mobile Home Park, in the town of Royal … Read More Read more here:: Insurance Journal
Read MoreWet Spring Hurts Kentucky Corn, Soybean Farmers
This year’s wet spring season is causing problems for farmers in western Kentucky who are trying to get corn and soybeans planted. The farmers said they have been hurt by the recent series of thunderstorms and torrential rains that have … Read More Read more here:: Insurance Journal
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