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

Tire Blowouts Inevitable as 38M Americans Embark on Memorial Day Weekend Road Trips

An estimate by the National Safety Council suggests there could be as many as 439 deaths and an additional 50,500 serious injuries from auto crashes during the three-day Memorial Day holiday period. With more than 38 million Americans expected to …

Holiday Hazard: Barbecue Brush Wire Bristles Can Cause Serious Injuries

While many people view Memorial Day weekend as the unofficial start of the summer grilling season, they may not be aware of the dangers of eating food cooked on grills cleaned with wire-bristle brushes. A new study conducted at the …

Hulk Hogan’s Lawsuit Gets Bankrolled by Billionaire

Is Hulk Hogan’s courtroom cage match with Gawker being bankrolled by a high-tech billionaire with a grudge against the news-and-gossip site? Two months after Hogan won a $140 million invasion-of-privacy verdict against Gawker for posting a sex tape of him, …

Report of Possible Workers’ Comp Fraud Uncovers $8.5M Payroll Fraud Scheme

A California business owner who reportedly questioned the nature and extent of a worker’s injury, was charged with fraud for allegedly underreporting payroll to their workers’ compensation insurance company by $2 million, and for failing to report $6.5 million in …

Back Seat Safety Focus of New Safety Agency Crash Tests

Crash-test dummies, who have dutifully endured thousands of simulated accidents from the front seat, are about to get a ride in the back. Regulators are making the move as part of a new emphasis on the safety of back-seat passengers, …

Fitch: Most Florida Specialty Insurers Remain Untested By Hurricanes

The majority of Florida’s homeowner specialist insurers have brief histories, and their ability to manage a large catastrophic hurricane is uncertain despite recent strong performance, according to a new report from Fitch Ratings. The last hurricane to make landfall in …

People Moves

Swiss Re Corporate Solutions Appoints Gonzalez as CEO North America Swiss Re Corporate Solutions announced the appointment of Ivan Gonzalez as CEO North America. He moves from his current position as CEO Latin America and assume the new role on …

Insurers Say Da Vinci Surgical Robot Maker Hid Liability Claims

It’s health insurers’ cardinal rule: disclose pre-existing conditions. Now comes a case in which that familiar decree involves not a patient, but rather a $1.5 million surgical robot known as the da Vinci system. Two insurance companies say da Vinci’s …

Chubb: U.S. Chemical Firms Expanding Abroad See Heightened Risk

Foreign risk management challenges will be a growing concern for chemical firms, according to Ernie Salas, vice president, Specialty Casualty & Construction, Chubb. By 2019, the U.S. is expected to run a $77 billion trade surplus in chemicals, according to …

Listeria-Linked Frozen Food Recall Affects All 50 States

Amid a massive frozen foods recall involving millions of packages of fruits and vegetables that were shipped to all 50 U.S. states, Canada and Mexico, authorities who want to stem the listeria-linked illnesses and deaths worry it’ll be difficult to …