Monthly Archives: <span>July 2013</span>

Commentary: R.I. Court’s Ruling on Self-Insured Retentions in Med-Mal Policies

In a surprising decision, the Rhode Island Supreme Court held that a self-insured retention (SIR) endorsement in a nursing facility’s professional liability policy was void. However, the Court’s ruling is broad enough to include all medical malpractice policies in Rhode …

2,700 New Jersey Homeowners Getting Money to Raise Houses

About 2,700 New Jersey homeowners will get federal grants to elevate homes damaged by Superstorm Sandy.Gov. Chris Christie announced the grant program Monday in a visit to a Brick Township neighborhood where all the homes are on lagoon

ACE Study: Reputation the Hardest Risk to Manage

Ninety-two percent of companies believe that reputational risk is the most challenging category of risk to manage, according to a major new study from ACE Group conducted across 15 countries within its EMEA (Europe, Middle East and Africa) region. ACE’s …

UN Warns of ‘Vulnerabilities’ in Mobile Phone SIM Cards as Cyber Security Risk

A United Nations group that advises countries on cyber security, plans to send out an alert about significant vulnerabilities in mobile phone technology that could potentially enable hackers to remotely attack at least half a billion phones. The bug, discovered …

Arkansas Works to Reduce Prescription Drug Abuse

Prescription drug overdoses account for about one death per day in Arkansas and state officials are working with educators, health providers and law enforcement to bring down abuse rates. Alcohol remains the most commonly abused drug, but reducing prescription drug …

Shelter Permits Sought in Norman, Oklahoma after Tornadoes

Applications from Norman, Okla., residents looking to build storm shelters have increased sharply in the aftermath of deadly tornadoes that struck in Moore and other nearby areas of the Oklahoma City metro. The May 19 and 20 tornadoes killed dozens …

Utah County Considers Regulating Trampoline Parks

Utah County officials are considering regulating trampoline parks after the county’s emergency room doctors reported dozens of serious injuries from the centers in the past year and a half. Lance Madigan of the Utah County Health Department says ER doctors …

No Heat Technology On Rig That Hit SFO Asiana Survivor

The fire rig that ran over and killed a 16-year-old Asiana Airlines crash survivor was not equipped with heat sensing equipment that might have saved her life. A San Francisco Chronicle story says fire officials acknowledge the older-model engine that …

Dividend Declared in Oregon Restaurant and Lodging Liability Program

Liberty Mutual Insurance recently declared a 5 percent dividend for businesses participating in the Oregon Restaurant and Lodging Association Safety Group Dividend Property & Liability Program. The nearly $165,000 dividend is 5 percent of eligible earned premiums to be distributed …

Cooper Gay Help Launch New Lloyd’s Coverholder Business in The Bahamas

Cooper Gay & Co Ltd, part of the Cooper Gay Swett and Crawford (CGSC) Group, has participated in the establishment of the first Lloyd’s of London coverholder plaque in the Bahamas, as the broker joined an event to celebrate the …