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

Don’t Sweep it Under: Best Practices for Valuing Oriental Rugs

One of the more intriguing and complex product categories in the insurance property claims world are Oriental rugs. These beautiful items have been with humans for an extraordinarily long time. The oldest one in existence is the Pazyryk Carpet dating …

Iowa Town Chosen for Railroad Crossing Safety Campaign

Traffic officers with the Council Bluffs Police Department saw a surprising number of drivers try to beat moving trains through intersections during a couple of recent law enforcement campaigns. Last week, during Railroad Crossing Enforcement and Education Week, the Federal …

South Carolina Highway Patrol’s High-Tech Unit Pursues Hit-and-Run Drivers

The team didn’t have much to go on. Some little pieces of plastic left at the scene. A tip about a dark-colored vehicle. That was about it. The South Carolina Highway Patrol Multi-disciplinary Accident Investigation Team unit investigating the crash …

North Dakota Insurance Fund Continues to Pay Despite Rising Claim Costs

A 30-year-old self-insurance pool has been paying off well for North Dakota political subdivisions, despite large claim losses in 2015. “It’s worked extremely well,” said Steve Spilde, chief executive officer of the North Dakota Insurance Reserve Fund. “We instituted a …

U.S. Credit Card Firms Slow to Upgrade Security

Visa and MasterCard are using security measures prone to fraud, putting retailers and customers at risk of thieves, The Home Depot Inc. says in a new federal lawsuit. It’s the latest giant retailer to raise the security concerns, with a …

Business Moves

Energi Launches Property & Casualty Programs in Parts of Western and Atlantic Canada Energi of Canada announced the launch of its property & casualty programs for Energy business in parts of Western and Atlantic Canada. The new Energy programs provide …

Washington Potato Processor Fined $213,160 for Repeated Workplace Safety Violations

Repeated serious safety violations have resulted in a serious workplace injury and in a large fine for a potato processer in Warden, Wash. Washington Potato Company was cited for five repeat-serious and three repeat-general violations, and an additional 15 serious …

Six-Story California Steel Structure Rattled by Simulated Earthquake

Researchers at the University of California, San Diego rocked and rattled a six-story steel frame building on a giant shake table Wednesday to see how the structure would withstand major earthquakes. The towering building jolted, shuddered and let out a …

May Global Disasters Result in $5B in Claims

Global disasters lead to at least $7 billion in claims as insurers aid the recovery process following May wildfires, floods and storms, according to the latest Impact Forecasting report. Aon Benfield’s catastrophe model development team released the latest edition of …

Small Businesses Engaging in Texting, Online Chatting With Customers

Clients can text their lawyers to double-check hearing times. Potential customers may message a dog breeder to find out the due date of the next litter. More and more, people who want to get in touch with small businesses are …