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

California Insurers Group: Jones Was Correct on WC Pure Premium

California Insurance Commissioner Dave Jones was correct to recognize the increasing costs in the state’s workers compensation system when he made his pure premium advisory rate recommendation on Friday, says the Association of California Insurance Companies. Jones’ recommendation was for …

Case Over Alaska Mountain Death Settled

An attorney says a settlement has been reached over a Swiss man’s death on Alaska’s Mount McKinley in 2011. Court records show attorneys for both sides asked a federal judge on Friday to dismiss the case brought against guide company …

Penn. Regulators Offer Tips to Avoid Turkey Frying Homeowners Catastrophe

The Pennsylvania Insurance Department and the Office of the State Fire Commissioner are cautioning consumers to be extra careful when considering deep frying a turkey as part of the Thanksgiving celebration. While a tasty alternative to the traditional roast-in-the-oven main …

CEO: Reno Air Races Needs $500,000 to Survive, Cites Insurance Costs

The Reno National Championship Air Races must raise pledges of $500,000 by Dec. 15 in order to meet operational costs in 2014 and keep the one-of-a-kind event alive, organizers said. They said they’ve had to reduce full-time staff from seven …

U.S. Labor Dept., N.Y. Agencies Team Up to Target Misclassification of Employees

Officials from the U.S. Department of Labor’s Wage and Hour Division, the New York State Labor Department and the New York State Attorney General’s Office recently signed memoranda of understanding to work together in their effort to protect the rights …

Boraca Joins Arthur J. Gallagher McDonald’s Restaurant Division in Tampa

Chad Boraca has joined Arthur J. Gallagher & Co. as director of risk management in the McDonald’s Restaurants specialty area. He will help identify and eliminate risks that may result in property loss, injury or legal liability for the company’s …

Bear Bryant’s Son’s Reinsurance Fortune Helps Power Alabama Football

The University of Alabama opened a new football-training center last February. Any professional team would be happy to have it. The amenities include a $9 million weight room, a hydrotherapy pool with a Club Med–style cascade of hot water and …

Mississippi Court Will Hear Electrocution Workers’ Compensation Appeal

The Mississippi Supreme Court will hear an appeal from a former Ripley alderman who lost both hands after being electrocuted. WTVA-TV in Tupelo reported that Lonnie Smith was working for the Tippah Electric Power Association when he came in contact …

China, India Succeed in Weakening Warsaw Global Warming Pact

China and India’s success in weakening the latest global warming agreement created friction with other developing nations that are seeking to step up the fight against climate change. The two countries insisted on single-word changes for a deal at a …

Applied Systems Acquired by Hellman & Friedman from Bain Capital for $1.8B

Applied Systems Inc., a leading insurance software provider, said it has agreed to be acquired by investment funds advised by private equity firm Hellman & Friedman LLC. The company is being acquired from the global private investment firm Bain Capital …