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

Collision Industry Celebrates 1,000th Recycled Rides

A Palm Springs, Calif., couple found themselves in a typical catch-22 situation – unexpectedly unemployed, unable to afford a car, but without reliable transportation, facing limited employment opportunities. Thanks to a unique car donation program fueled by insurance companies, repairers …

Employers Rethink Zero Tolerance Alcohol Policy to Boost Engagement

Employees at Eli Lilly and Co.’s corporate headquarters need not hoof it to the nearest watering hole if they want to unwind with a beer after work. The pharmaceutical giant boasts its own bar and restaurant on its downtown campus, …

Landlords, Tenants to Share Los Angeles Quake Retrofit Costs

Los Angeles landlords and tenants must equally share the costs of earthquake retrofitting, under a deal approved by the City Council. The agreement that passed unanimously Wednesday allows building owners to pass half the retrofit costs to tenants through rent …

California Researchers to Study Food Safety of Oilfield Wastewater

More farmers in drought-stricken California are using oilfield wastewater to irrigate, and a new panel on Tuesday began taking one of the state’s deepest looks yet at the safety of using the chemical-laced water on food crops. In the fourth …

Feds Blame Management for Nevada Mine Fatality

Inadequate safety policies and procedures were primarily to blame for a mining accident that killed a 26-year-old Idaho man operating a 20-ton mobile drill in an underground tunnel at a Nevada gold mine last summer, federal safety investigators have concluded. …

Guilty Plea for Woman Who Concealed Steamboat Asbestos

A San Francisco woman faces up to two years in prison and hundreds of thousands of dollars in fines after pleading guilty to a federal charge that she didn’t tell Louisiana regulators about asbestos in the Mississippi Queen steamboat before …

Wisconsin Legislators Endorse Higher Payouts for Wrongful Convictions

A state Senate committee unanimously approved a bipartisan bill Wednesday to dramatically increase the payout for people wrongly convicted of crimes in Wisconsin. Such payouts are now capped at $5,000 for year spent behind bars, with a maximum of $25,000. …

Data Confirms Improved Trucking Industry Safety

An analysis of data from the Department of Transportation done by the American Trucking Associations shows over both the long- and short-term that the rate of truck-involved fatalities is declining. “America’s trucking industry has invested billions to improve safety and …

ACE and Chubb Are One; New Chubb Begins Trading, Unveils Logo

ACE Limited completed its acquisition of Chubb yesterday, creating the world’s largest publicly traded property/casualty insurance company. ACE paid approximately $29.5 billion in the aggregate in cash and stock, based on the most recent closing price of ACE Limited shares …

P/C Insurers Expect Stable Profits in 2016

Leaders of the property/casualty insurance industry expect no increase in profitability in 2016 for most lines of insurance, according to a survey conducted by the Insurance Information Institute (I.I.I.) at its 20th annual Property/Casualty Insurance Joint Industry Forum, held here. …