Reuters - Part of a casino under construction in downtown Cincinnati collapsed on Friday as workers poured concrete, injuring 10 people, none critically, in the second construction accident at an Ohio casino project in the past six weeks. Workers were pouring concrete on the second story of the planned Horseshoe casino when part of the floor collapsed onto the floor below. The cause was undetermined, fire and casino officials said. Ten workers were transported to hospitals with injuries ranging from bumps and bruises to possible fractures, Cincinnati Fire Chief Richard Braun said.
Monday, January 30, 2012
Insurance Journal - “Listen to me now, understand me later.” State Sen. Juan Vargas, D-San Diego, gave a well-received Arnold Schwarzenegger impression, chest heaving and heavy on the former California governor’s thick Austrian accent. Vargas, a former president of external affairs for Safeco Insurance and formerly vice president of corporate legal for Liberty Mutual Group, on Tuesday discussed his experience in state Legislature working for worker’s compensation reform, his current bid for Congress and government oversight of the insurance industry at the IBA West Annual Meeting and Installation of Officers luncheon in San Diego.
Thursday, January 26, 2012 - Authorities and witnesses say a 32-year-old construction worker was killed after a building collapsed in downtown Greenfield this morning. Emergency responders removed a second injured construction worker from the rubble this morning, and removed the body of the man who was killed about 3 p.m. The injured construction worker was taken to a hospital. Greenfield City Fire Chief Bob Dudley said Legends Little Italy Pizza on Front Street collapsed at about 9:30 a.m. The two construction workers, who were cousins, were working in a vacant lot beside the building, and debris fell on them, Dudley said.
Wednesday, January 25, 2012
Insurance Journal - What do robberies and healthcare patients have in common? Workplace violence. While the numbers of workplace homicides and injury-causing assaults have fallen since the 1990s, homicides that do occur in the workplace primarily result from robberies and most assaults at work are committed by healthcare patients, according to a new report published by the National Council on Compensation Inc. Authored by Tanya Restrepo and Harry Shuford, “Violence in the Workplace” indicates that, contrary to popular opinion, most...
Wednesday, January 25, 2012
CNN - Three American Airlines flight attendants were injured Sunday when a flight bound for Miami, Florida, encountered severe turbulence. Flight 980 from Recife, Brazil to Miami was carrying 167 passengers. No passengers were injured, according to American Airlines spokesman Tim Smith. Three of six flight attendants on board were injured. The turbulence hit about two hours into the flight, passengers told CNN affiliate WFOR. "Everything was fine and the next minute the plane just fell, a huge drop," passenger Gillas Correa told WFOR.
Tuesday, January 24, 2012
Insurance Networking News - FORTUNE magazine released its 2012 list of "100 Best Companies to Work For," which contained four insurers and a handful of vendors and consultants that play in the insurance space. The top-rated carrier on this year’s list is USAA, which provides a full range of financial services to member of the U.S. military and their families. The insurer, ranked at number 20 (down from 17 last year) has a 7-percent job growth and 23,211 U.S. employees.
Monday, January 23, 2012
Insurance Journal - The capsizing of the Costa Concordia could not have come at a worse time for the cruise industry — right at the start of the peak booking season. Even if passengers aren’t scared away, the accident will cost hundreds of millions of dollars. It’s too early to tell exactly how much insurance firms will have to pay out to cover the damage to the ship and loss of life, but analysts have estimated that claims could total at least $500 million. One went as far as to say the total bill for insurers could reach $1 billion “We would be surprised if any single player had more than 5 percent-10 percent of the risk,” Numis analyst Nicholas Johnson wrote in a note.
Friday, January 20, 2012
Insurance Information Institute - Leaders of the property/casualty insurance industry believe the worst of the financial crisis is over and that the industry is now in the early stages of a hard market, according to a survey conducted by the Insurance Information Institute (I.I.I.) at its 16th annual Property/Casualty Insurance Joint Industry Forum, held here. Seventy-five percent of executives in the property/casualty industry expect an improvement in profitability in 2012; and in fact, 72 percent believe the industry is on the road to recovery.
Friday, January 20, 2012
Texas Mutual Insurance Company - Texas Mutual Insurance Company reported today that Granbury Contracting & Utilities, Inc. of Granbury, Texas pled guilty to workers’ compensation fraud-related charges. A Travis County district court ordered the company to pay $149,000 in restitution to Texas Mutual. Granbury Contracting & Utilities, Inc., owned by Wayne Wienecke, obtained workers’ compensation coverage through Texas Mutual from November 2003 to April 2008. During that time, Granbury Contracting & Utilities, Inc. misrepresented numbers of employees and payroll to Texas Mutual.
Monday, January 16, 2012 - Four people were injured after an explosion at an Edmond business on Thursday morning, emergency officials said. The explosion happened at Tuboscope, located in the 3600 block of S. Kelly Avenue, an EMSA spokesman told KOCO Eyewitness News 5. Initial reports from scanner traffic and dispatchers suggested the explosion might have been chemical in nature. However, EMSA’s Tony McCarty said that the four people injured suffered thermal and not chemical burns.
Monday, January 16, 2012
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