Monthly Archives: <span>October 2015</span>

SBA Offers Low-interest Wildfire Disaster Loans to Washington Businesses

The U.S. Small Business Administration is offering low-interest disaster loans to Washington businesses, nonprofits and residents affected by the wildfires. The federal agency has declared its own disaster declaration to make the loans available in Chelan, Douglas, Ferry, Grant, King, …

Deputy Sues Oregon Restaurant After Being Asked to Prepay

An Oregon sheriff’s deputy has filed a lawsuit against the Elmer’s restaurant chain, claiming he was told to prepay for his meal at a Vancouver, Ore. establishment because he is black. KGW-TV reported Brian Eason, in a suit filed earlier …

New Mexico Jury Holds Utility Companies Partially Liable for Fire

A jury decided this week that two utility companies hold most of the liability in one of the largest wildfires in New Mexico’s recorded history. Jurors gave their verdict in Bernalillo following a weekslong trial that centered on whether Jemez …

Homeowner Files Lawsuit Against Four Seasons Resort in Hawaii

A homeowner at the Four Seasons Resort Hualalai in Hawaii is suing the resort and its developers, alleging he and others have been subjected to an unfair raise in prices and overcrowded facilities. The suit filed by Christopher Zyda seeks …

World Insurance Appoints Heads of Personal, Commercial Lines in N.J.

World Insurance Associates LLC, an independent agency based in Tinton Falls, New Jersey, has hired Cathy Saporito as senior vice president, head of Personal Lines. Saporito joins World Insurance Associates from AIG, where she was senior business development manager for …

Ace Private Risk’s Courtemanche Joins Boston’s Risk Strategies Co.

Industry veteran Bob Courtemanche, until recently chairman of Ace Private Risk Services, has joined Risk Strategies Co., the Boston-based insurance and risk management advisor said. Courtemanche has been named senior managing director and practice leader nationally for its Risk Strategies’ …

Crime Jumps When Clocks Turned Back: Study

This weekend, most Americans are gaining an hour of sleep by turning back their clocks as daylight saving time ends. But a Cornell University study finds that they could lose much more in the time exchange. Examining crime rates from …

Halloween and Legal Liability for Ghosts, Ghouls, Goblins, and Other “Guests”

“Halloween pranks.” Google this phrase and more than 5 million results link to a myriad of ways to “mess with peoples mind” on Halloween. Some recommended pranks require a higher education to understand; some ideas are, well, strange; but some …

Willis Reports Q3 Net Income of $117M, Compared to $7M Net Loss in Q3 2014

Willis Group reported net income of $117 million, or $0.64 per diluted share, during the third quarter ending Sept. 30, compared to a net loss of $7 million, or $(0.04) per diluted share, in the prior year quarter. For the …

AIG Has Been Mulling Sale of Mortgage Insurance Unit: WSJ

American International Group Inc. directors have been discussing the sale of the company’s mortgage insurance business “for a while” but “no final decision has been made about the unit,” the Wall Street Journal is reporting, citing sources familiar with the …