FleetRisk Advisors has launched the Transportation Risk Analytics Center (TRAC), a risk modeling and analytics platform that facilitates FleetRisk’s Knowledge-driven Risk Management Services. TRAC is built on a powerful relational database, which combines historical data about drivers, vehicles, routes, schedules, …
Kevin O’Connor, United States Attorney for the District of Connecticut, and Richard Blumenthal, Connecticut Attorney General, announced that St. Francis Hospital and Medical Center, located in Hartford, Connecticut, has entered into a civil settlement agreement with the Government to resolve …
A federal district court in Iowa has ruled that a pre-employment strength test used by The Dial Corporation at its Armour meat packing plant in Fort Madison, Iowa, has a disparate impact against women, and is therefore illegal under Title …
Floods are not always caused by nature’s wrath. Melting snow combined with frequent rain showers can quickly over soak the soil and produce flooding. Unfortunately, many homeowners are reportedly unaware that homeowner’s insurance does not cover flood damage until it …
A plan by West Virginia Gov. Joseph Manchin to introduce legislation as early as next week to help reform the state’s civil justice system and address certain insurance-related issues is long overdue, an official of the National Association of Mutual …
Fast food giant chain McDonald’s has agreed to donate $7 million to the American Heart Association to settle lawsuits over the type of fat it uses in its cooking. The burger and fries restaurant chain will also spend $1.5 million …
Seeking to put an end to accounts of neglect, abuse and mismanagement at many of Oklahoma’s nursing homes, State Rep. Lee Denney filed legislation that would revamp the board responsible for overseeing the administrators of those facilities. The House Media …
Fireman’s Fund Insurance Company and First Notice Systems Inc., a provider in claim-reporting solutions for the insurance industry, announced that Fireman’s Fund has implemented the ClaimCapture web-based claim reporting platform developed by First Notice Systems. “ClaimCapture uses and advances our …
The Bermuda-based Arch Capital Group Ltd. reported net income for the 2004 fourth quarter of $107.1 million, or $1.45 per share, compared to $83.7 million, or $1.22 per share, for the 2003 fourth quarter. The company indicated that “all per …
Moody’s Investors Service announced that it has affirmed AXA’s debt ratings (senior at A2), as well as the Aa3 insurance financial strength ratings of AXA’s main operating subsidiaries with a stable outlook. The report noted that “the group’s refocusing and …