III Blog - Profitability in the property/casualty insurance industry rebounded during the first half of 2012, propelled chiefly by a sharp drop in catastrophe losses and a marked acceleration in premium growth, according to I.I.I. president Dr. Robert Hartwig. In his commentary on the industry’s 2012 first half results, Dr. Hartwig notes that catastrophe losses plunged by 43 percent ($10.6 billion) to $13.8 billion in the first half of this year from $24.4 billion in the first half of 2011.
Wednesday, October 10, 2012
abcnews.go.com - A school bus plunged about 15 feet from a Texas expressway overpass to the doorstep of a hotel below, miraculously causing only non-life-threatening injuries to the child and two adults aboard. The crash happened about 4:45 p.m. Thursday on Interstate 37 at East Commerce Street on the eastern edge of downtown San Antonio. Police Sgt. Javier Salazar says a collision with a car on the northbound expressway overpass sent the bus careening through a concrete barrier and nosing into the frontage road in front of a Comfort Suites hotel.
Friday, October 05, 2012
turnto23.com - The Kern County Fire Department retrieved a man with a broken leg from a tank and transported him to a local hospital and confirmed that one man died in a plant accident on Wednesday. Early Wednesday morning, the fire department confirmed that two men were stuck in a 15-foot tall tank at the Live Oak Cogen plant on South Granite Road. The two men were contractors cleaning the tank after a welding project was completed. Officials said that during the clean up, something went wrong. The fire department did an aerial operation, where they sent a fireman down on a ladder to pull victims up in a rescue mission.
Friday, October 05, 2012
Risk and Insurance - A worker was injured when a coworker hit a large crate with a forklift. The crate slid across the floor and pinned the worker between it and a printing press. He immediately sought medical attention for chest and back injuries. He continued to have pain in his chest that fluctuated in severity. Nine days later, he sought medical attention. His blood pressure was low and a CT scan revealed that he recently suffered a heart attack. He sought benefits. The Kansas Court of Appeals held that he was entitled to benefits for his heart attack.
Tuesday, October 02, 2012
Fox 8 Cleveland - A man was killed and three firefighters injured during a Thursday afternoon house fire on Earhart Ave. “He was a good person. We are going to miss him. I know his wife is going to miss him,” family friend Russell Stott said of the unidentified victim. Stott said he has worked for the man and his wife for 20 years. “Loved animals. They got 13 or so alpacas. He was a good man, he was a good husband,” Stott said. Firefighters said they got a call about 11:30 a.m. Thursday that the home was on fire and a person was trapped inside.
Monday, October 01, 2012
whdh.com - A worker was trapped in a trench, pinned by a small Bobcat machine at the old VW auto dealership on Thursday. Workers were filling a trench for sewer pipes on the property, which is now owned by Harvard University. The Bobcat somehow tipped over and the 49-year-old man was wedged between the machinery and a pipe. “What saved him was a pipe right back where the machine was, you know the machine was resting up against his stomach,” said Deputy Chief Jerry Hogan of the Boston Fire Department.
Monday, October 01, 2012
Insurance Networking - Today, Wolters Kluwer Financial Services unveiled its annual top 10 lists of criticisms found on U.S. insurance market conduct exams, which can serve as checklists for insurers to help minimize compliance risk exposure. Claims processing remained the top compliance issue for P&C insurers, followed by rating factors and the cancelation of policies. In terms of life and health insurers, problems with claims processing stole the top spot away from compliant policy forms, which was reported last year as the biggest compliance issue. Failure to pay claims properly in accordance with policy provisions was only fifth on that list for life and health insurers.
Friday, September 28, 2012
CNN - At least five people were killed when a man opened fire at a Minneapolis business and then turned the gun on himself, police said Friday. The incident occurred about 4:30 p.m. (5:30 p.m. ET) Thursday at Accent Signage Systems in the Bryn Mawr neighborhood, said Sgt. Steven McCarty of the Minneapolis Police Department. "I can confirm that the shooter is dead," Deputy Chief Kris Arneson told reporters. "And he died by a gunshot wound -- self-inflicted." Police did not immediately give a motive for the shooting.
Friday, September 28, 2012
The Maryland Injury Lawyer Blog - In my particular line of work, it is pretty easy to take pot shots at insurance adjusters and stereotype them as disciples of Darth Vader who combine the giddy good humor of the Syrian army with a willingness to shoot their own parents in the head if that meant underpaying on a honest claim. I know these stereotypes are easy because I do it all the time on this blog and it is great fun. But, gun to my head, I think that at their core, insurance claims adjusters are no better or worse than doctors, lawyers, or Indian chiefs. Most stereotypes of professions fail.
Thursday, September 27, 2012
wbtv.com - An emergency responder was killed Tuesday after an ambulance was involved in a crash with an tractor trailer in front of a hospital. The incident occurred in front of Carolinas Medical Center-Union along U.S. 74 in Monroe, just before 11 a.m. Tuesday morning. A tractor trailer truck driven by Wallace Kenneth Murphy, Jr. of Madison, NC was traveling westbound on US 74 when it collided with an ambulance as the ambulance pulled into the roadway, police told WBTV.
Wednesday, September 26, 2012
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