Monthly Archives: <span>August 2008</span>

RMS Launches Winter, Convective Storm Models for U.S., Canada

Newark, Calif.-based Risk Management Solutions (RMS) launched new Winterstorm and Severe Convective Storm Models to enhance its suite of catastrophe risk models for the U.S. and Canada. Built to satisfy the needs of both underwriters and risk managers, the models …

Insurance Industry Charitable Foundation Hosts Golf Tournament

The Insurance Industry Charitable Foundation is hosting its Insuring the Children Golf Tournament on Oct. 27, 2008, at the Santa Ana, Calif., Country Club. Proceeds from the event benefit the Foundation’s Insuring the Children Program to help end child abuse …

Iowa Town Out of Money After Floods

City leaders in Palo, Iowa say they have spent the city’s entire general fund budget on flood recovery. Officials say the town, which has about 900 residents and a $300,000 budget, is out of money. City Hall alone sustained $465,000 …

Thousands of Federally Placed Underground Fuel Tanks Could Leak

The government owns hundreds of underground fuel tanks — many designed for emergencies back in the Cold War — that need to be inspected for leaks of hazardous substances that could make local water undrinkable. The Federal Emergency Management Agency …

Judge: Caesars Atlantic City Discriminated against Men

Hiring practices to staff the Toga Bar at Caesars Atlantic City casino hotel get a thumbs down from a judge. The judge says Caesars discriminated against male bartenders when they were passed over in favor of young women who were …

Mass. Considering Traffic Flaggers Instead of Police at Construction Sites

Civilian flaggers dressed in orange safety vests could replace police officers at some roadside construction projects as early as October under regulations set to be unveiled by the Patrick administration Wednesday. Police unions have fiercely defended the paid details, but …

Liberty Mutual Names Directors of Two New Research Centers

Liberty Mutual Research Institute for Safety, part of Boston-based Liberty Mutual Group, has named Nils Fallentin and Marvin Dainoff, respectively, as directors of two newly established centers: the Center for Physical Ergonomics and the Center for Behavioral Sciences. The centers …

OSHA Program Targets Crane Safety in South Central States

The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) Region VI office in Dallas announced it has established a Regional Emphasis Program (REP) covering employees in the construction industry who perform crane operations. The program conducts safety inspections …

Atlanta Airport Responds to Soft Shoe Accidents

The hustle of the world’s busiest airport — Atlanta Hartsfield-Jackson — is now regularly interrupted by an announcement warning travelers of the dangers of “shoe entrapment” on escalators. The 35-second public service announcement that airs every five minutes is a …

S&P: U.S. Commercial Lines Outlook Revised To Negative From Stable

Standard & Poor’s Ratings Services revised its outlook on the U.S. commercial lines property/casualty insurance sector to negative from stable. Standard & Poor’s credit analyst John Iten explained that “our decision to revise the sector outlook reflects our concern over …