Day: October 16, 2018

Hurricanes Behind Cuts in Earnings Estimates for AIG, Chubb, Other S&P 500

The SP 500 has plummeted some-more than 5 percent given early October. The culprit: negligence gain expansion stemming from rising seductiveness rates and oil prices, according to Goldman Sachs Group Inc. That candid speculation competence work as a catch-all, though for certain companies a reasons for a sadness are...

Calls for New Regulation Mount as New York Limo Crash Victims Mourned

The day after a anguish village pronounced final goodbyes to 8 of 20 victims of a limousine pile-up – 4 sisters and 4 other kin – a Senate’s tip Democrat called on sovereign regulators to delineate new reserve standards for a vehicles. Sen. Chuck Schumer on Sunday forked to...

Travelers Teams with Amazon to Offer Smart Home Products, Insurance Quotes

The Travelers Companies Inc. is teaming adult with Amazon to offer intelligent home kits, word quotes and risk government information by a digital storefront: Amazon.com/Travelers. Customers will be means to obtain intelligent home kits during ignored prices in participating states. The intelligent home kits include: confidence cameras, H2O sensors,...

SASCO Insurance Services Merges with New Jersey’s Otterstedt Insurance Agency

SASCO Insurance Services of Hackettstown, N.J., has recently joined with Otterstedt Insurance Agency Inc., headquartered in Englewood Cliffs, N.J. SASCO Insurance has been providing customized word coverage skeleton for blurb and personal lines clients given 1984. Otterstedt has served a operation of clients given 1919 and will be celebrating...

The Hilb Group Acquires Massachusetts’ DBR Group

The Hilb Group LLC has acquired Massachusetts-based DBR Group Inc. The transaction became effective Oct 1, 2018. Founded in 2004, DBR is an worker advantage and actuarial consulting organisation providing a operation of advantages consulting and brokerage services to organizations of all sizes, including corporations, non-profits, Taft-Hartley supports and...

P/C Insurers Double Net Income in First Half of Year

U.S. property/casualty insurers saw their net income after taxes some-more than double to $34 billion in first-half 2018 from $15.5 billion in first-half 2017, with a assistance of reduce disaster losses, flourishing premiums, and an boost in investment income, according to a results report from Verisk’s ISO and a...

Colleges Handling Surge in Claims of Past Sexual Harassment

For 35 years, Ruth D’Eredita attempted to boot her former professor’s function — a approach he overwhelmed her, groped her and kissed her. But final year, as dozens of women came brazen to share identical encounters with absolute men, she started to see her memories differently. “It done me...

California Train Agency Fined $650K in 2 Worker Deaths

Regulators fined a San Francisco Bay Area’s movement group $650,000 on Thursday for reserve failures that led a commuter sight to strike and kill dual workers inspecting lane 5 years ago during a kinship strike. The California Public Utilities Commission also placed a Bay Area Rapid Transit group on...

Firefighters Say Natural Gas Explosion during Virginia Home Injures Nine

Authorities trust a healthy gas blast during a Virginia home caused a glow that has harmed 9 people. Chesapeake Fire Lt. Anthony P. Barakat tells news outlets that a dual homeowners were hospitalized in vicious condition following a “significant explosion” Sunday evening. Firefighters contend their home, a adjacent home...

Chicago Restaurant Chain to Settle Sexual Harassment, Retaliation Suit for $160K

Chicago-based Rosebud Restaurants Inc. will compensate $160,000 to settle a passionate nuisance and plea lawsuit, according to a U.S. Equal Employment Opportunity Commission (EEOC). The EEOC’s lawsuit charged Rosebud, that owns approximately 9 Italian restaurants in a Chicagoland area, with violating sovereign polite rights laws when it subjected dual...