Monthly Archives: <span>June 2013</span>

Yellowstone Viewpoint Closed for Safety Reasons

The popular Inspiration Point in Wyoming’s Yellowstone National Park has been closed temporarily because of safety concerns about the concrete steps leading to the viewing platform. Inspiration Point is along the North Rim of the Grand Canyon of the Yellowstone …

Nicholas Solimo Joins Surety Partners of America as Chief Operating Officer

Nicholas Solimo has joined Surety Partners of America, the exclusive program administrator for Hudson Insurance Company, as chief operating officer. Surety Partners focuses on writing contract surety bonds for premier contractors throughout the country. He previously served as senior director …

Thieves Take $80,000 in Equipment From Golf Course

An Iowa golf course is preparing to buy $80,000 of lawn-mowing equipment to replace gear that was stolen over the weekend. The Des Moines Register reports the Bright-Grandview Golf Course in Des Moines, Iowa, reported the theft Saturday morning. A …

4 Workers Hurt in Texas A&M Construction Accident

Four workers were hurt, three critically, after a barn frame collapsed Saturday at an $80 million Texas A&M University equestrian complex that’s under construction. The collapse happened on university property about a mile from the main campus, Texas A&M spokesman …

Rand Launches Center for Catastrophe Risk Management and Compensation

The RAND Corporation has created a new research center that will analyze different approaches to compensating individuals, businesses and others following catastrophes ranging from natural disasters to terrorist attacks. The new Center for Catastrophic Risk Management and Compensation will be …

Auto Insurance Customer Satisfaction Declines Mainly Due to Higher Rates

Driven by lower satisfaction with price and policy offerings, overall customer satisfaction with auto insurance companies declines in 2013 from an all-time high in 2012, but remains comparatively high relative to the previous decade, according to the J.D. Power 2013 …

P/C Insurers’ Overall Results Improved in First Quarter 2013

Private U.S. property/casualty insurers’ net income after taxes rose to $14.4 billion in first-quarter 2013 from $10.2 billion in first-quarter 2012, with insurers’ overall profitability as measured by their annualized rate of return on average policyholders’ surplus climbing to 9.6 …

OSHA to Investigate Fatal Stump Grinder Accident

Officials are investigating a fatal accident involving a stump grinder that killed a tree service worker in Portsmouth, N.H. Police say 43-year-old Matthew Morasse of Rochester was killed on the job on Thursday. The Portsmouth Herald reports that Morasse was …

North Carolina Officials Try to Reduce Train Deaths

North Carolina officials are trying to figure out how to reduce the number of fatal train accidents in the state. The News & Observer of Raleigh reports 15 people have died in train-related accidents so far this year. That compares …

Denying Coverage and Reserving Rights Simultaneously

Georgia Supreme Court Says Insurer Can’t Have its Cake and Eat it too Insurance companies were historically faced with a Hobbesian’s choice in deciding to defend their insureds in personal injury actions where there was doubt as to whether the …