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Workplace violence: Managing a growing risk

Virginia Beach shooter who killed 12 people last week was a great reminder of the risk of workplace violence. We hear about events of violence in the workplace every day. From deadly bullets to fistfights, abuse is a common threat, and no activity is freed from the danger. As workplace violence is increasing, the need to manage this risk is …

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If you are a boater, use a float plan!

Whether you are a ship man on a fishing charter or a leisure boat, you need to recognize the inherent dangers of being on the water. Although planning for the worst scenario may seem bleak, it can be a life-saving idea. If you or your loved one goes out on the water, we strongly recommend that you create a flow …

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AIG appoints insurance consultants | Commercial Insurance

US International Group Inc. said we have made two insurance contract terms and an agreement with the Blackboard Insurance unit. AIG said Kean Driscoll has been named Global Real Estate and Agriculture Attorney General, General Insurance and Alexander Baugh has been appointed Global Underwire Officer for Accidents and Financial Lines, General Insurance. Both agreements come into force immediately. In these …

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Property / accident pricing improved, M&A outlook strong: Panel

NEW YORK – Pricing is improving in the real estate / non-life insurance sector and consolidation is likely to continue despite high valuations, according to a panel of experts speaking Wednesday at the S-P Global Ratings 35th Annual Insurance Conference in New York. "The outlook from a pricing perspective in commercial lines is pretty good right now," said Brian Meredith, …

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Oregon House passes the PTSD presumption bill

The Oregon House of Representatives passed a bill that would make presumptions on the compensability of post-traumatic stress disorder suffered by first responders. S.B. 507 passed unanimously in the House on Tuesday and will now move to Gov. Kate Brown's desk for signature. The bill passed the state's Senate on May 15 in a 26-2 vote. Under the legislation, full-time …

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Insurance broker BMS receives cash infusion

BMS Group Ltd. said Wednesday it will receive an investment of £ 500 million ($ 635 million) from a Canadian investment company and a US private equity firm. The insurance broker said in a statement the investment of affiliates by Victoria, British Columbia based British Columbia Investment Management Corp. and Garden City, New York-based Preservation Capital Partners LLP, are subject …

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Ex-Guy Carpenter employees leave partial motion to reject suit

Three former Guy Carpenter & Co. LLC executives who left the company in March to join Lockton Cos. LLC submitted a partial evidence to reject the disputes made against them by the reinsurance broker on Wednesday. Meanwhile, on Tuesday, the three chiefs' lawyer said in a letter to the US District Court in New York that they would like to …

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Willis Towers Watson Reveals Growth Initiatives

On Wednesday, Willis Towers Watson PLC presented two initiatives, one focused on investing in beginners and the other to develop new markets and business to drive inorganic and organic growth. WTW Strategic Ventures will make early stage investments in innovative companies across insurance, risk and human capital said Willis Towers Watson in a statement. These investments are expected to unlock …

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Love means you never have to say you stole my car

It is unlikely that you would eat a romantic dinner with a person who claimed to have stolen your car. But that's what investigators in Cook County, Illinois did in a bizarre insurance fraud involving a former city of Chicago alderman, his love interest, an Audi, and a theft car report. Previously Proco & # 39; Joe & # 39; …

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