Monthly Archives: <span>March 2016</span>

Utah Woman Files Suit Against Polygamy Reality TV Show for Trespassing

A Utah woman who is part of a polygamous group alleges that makers of a reality TV show barged into her house without permission and pressured her daughter into being in a series about people leaving polygamy. Susan Nelson alleges …

Wyoming Losing Workers Due to Energy Downturn

More people are leaving Wyoming than are coming to the state in the wake of thousands of jobs being lost in the fossil fuels extraction industry, and it’s a trend that an economist doesn’t see reversing until oil and gas …

Washington Man’s Suit Claims Medical Device Caused Brain Damage

A Washington man is suing a California company, claiming its medical device used to treat aneurysms malfunctioned and caused him to suffer brain damage. The Penumbra Coil 400 was used to treat an aneurysm Dennis Montgomery suffered in 2013, according …

How to Use Social Media, Surveillance to Catch Workers Compensation Lies

As workers’ compensation fraud costs top out at an estimated $7.2 billion a year, according to the National Insurance Crime Bureau, insurers are looking at ways to combat the crime. There are several warning signs that a workers’ compensation claim …

Ironshore International Buys Sydney-Based Savannah Insurance Agency

Ironshore International has acquired the Savannah Insurance Agency of Sydney, Australia, effective immediately. The Savannah Agency team of underwriters will join Ironshore Australia offices, broadening its regional presence by offering select specialty business lines. Katherine Simmonds, managing director of Ironshore …

Fairfax Financial to Buy 33% Stake in India’s Bangalore Airport for $322 Million

Indian airport operator GVK Power & Infrastructure Ltd. said it sold a stake in its Bengaluru aerodrome to Fairfax Financial Holdings Ltd., helping cut debt. The shares rose. Fairfax will buy 33 percent of Bangalore International Airport Ltd. for 21.49 …

Chubb Appoints P&C Risk Engineering Leadership Team in Asia Pacific

Chubb has appointed Darren Cantas its head of Risk Engineering for Property and Casualty in Asia Pacific. He will continue to lead the region’s P&C Risk Engineering Services team, comprising 32 risk engineers based in 10 countries. In addition, he …

Most Doctors Overprescribe Opioids: National Safety Council

Most doctors– 99 percent — are prescribing highly addictive opioid medicines for longer than the three-day period recommended, according to a national survey. Twenty-three percent prescribe at least a month’s worth of opioids. Also, according to the survey by the …

Carpenter Launches New Version of Client Portfolio, Risk Management Platform

Guy Carpenter & Co. announced the launch of GC AdvantagePoint® 2.0, the latest release of its client portfolio and risk management platform. With GC AdvantagePoint 2.0, clients are able to easily leverage the technology to make strategic decisions through the …

ISO to Collect Terrorism Insurance Data for Treasury

The property/casualty insurance data and rating organization ISO will collect and help analyze terrorism data this year for the U.S. Department of the Treasury, the federal agency charged with gauging the effectiveness of the federal terrorism risk insurance program. ISO, …