Pinnacle News

BMS Launches Predictive Modeling Tool in Tie-up with Pinnacle Actuarial

BMS Group, the London-based global broker, announced that it has reached an agreement with US actuarial specialists Pinnacle Actuarial Resources, Inc. to provide predictive modeling to its clients. “Specialist predictive modeling has become an essential element in any leading-edge analytics …

Safety Violations at Arkansas Food Processor Brings $156.7K Fine

Alleged health and safety violations at an Arkansas food processing plant have resulted in a proposed $156,700 fine for the plant’s owner. The U.S. Department of Labor’s Occupational Safety and Health cited Mountain Lakes, N.J.-based Pinnacle Foods Group LLC for …

FAA Seeks Fines Against Colgan Air Over New York Crash

Colgan Air failed to provide adequate rest breaks for crews on some flights within seven months of a 2009 crash near Buffalo, New York, that killed 50 people and raised questions about tired pilots, regulators said on Friday. The Federal …

Ratings Roundup: Topiary (Cat Bonds), Cardif, AMI, PhilNaRe

Standard & Poor’s Ratings Services said that its ‘BB+(sf)’ rating on Topiary Capital Ltd.’s Series 2008-1 notes will remain on CreditWatch, where it was placed on March 18, 2011, with negative implications. S&P explained that the “calculation agent, RMS, is …