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

Commentary: Soon Work Equipment Will Include Wearable Tech

The wearable technology startups that get attention make products a Silicon Valley executive or journalist might use – fitness trackers, virtual-reality gaming headsets, jewelry that delivers text-message alerts. It’s lifestyle stuff. But wearable development in the near future depends on …

Cosby Switches Lawyers in Civil Cases

Bill Cosby has replaced the law firm overseeing civil litigation around the country linked to accusations he drugged and molested women. Liner LLP, known for its work in entertainment law, is replacing lawyers with the powerhouse litigation firm Quinn Emanuel …

Business News

SUNZ Unveils New Brand Identity SUNZ Insurance Company, which provides large deductible workers’ compensation programs to Professional Employer Organizations (PEOs), staffing agencies and self-insured employers, launched its new brand identity. The new brand identity includes a new corporate logo and …

Texas Storms Drive Up Catastrophe Losses in First Six Months of 2016

Economic losses caused by natural catastrophes in the first half of 2016 totaled $17 billion as compared to 2015 losses totaling $12 billion. The total includes insured losses of $11 billion as compared to $ 8 billion the prior year. …

NIST Leads Federal Windstorm Initiative

Congress recently designated the National Institute of Standards and Technology (NIST) to be the lead agency for the National Windstorm Impact Reduction Program (NWIRP), giving it the primary responsibility for planning and coordinating the collaboration of federal agencies charged with …

IIHS: Most Small SUV Headlights Rate Poorly

Not a single small SUV out of 21 tested earns a good rating in the Insurance Institute for Highway Safety’s headlight evaluations, and only four are available with acceptable-rated headlights. Among the 21 vehicles, there are 47 different headlight combinations …

People News: GEICO, AXIS, BSA, SMA

GEICO names Burklin SVP; Ottman Head Claims Operations for Florida Region GEICO recently named Shawn Burklin senior vice president to oversee its regional operations offices in Lakeland, Fla., and Macon, Ga. The regions serve nearly 5 million customers in 16 …

Nordic Skiing Race Damage Closes Montana Airport

The Whitefish Airport is still closed after the runway was damaged during a Nordic skiing event last winter, and it may be closed for the rest of the year. Horses that were used to drag skiers during the skijoring competition …

Coal Industry Concerned CEOs at Risk of Liability for Violations

Coal industry groups from three states are arguing that the conviction of former coal executive Don Blankenship could unfairly expose other industry leaders to criminal conspiracy charges. The Illinois, Ohio and West Virginia Coal Associations shared their concerns in a …

Multiple Thefts Under One Scheme Restricts Property Claim to One “Occurrence” Policy Limit, But Subjects Recovery to Single Deductible

In a partial trade-off, a U.S. District Court in California ruled that a series of storage facility thefts, all committed as part of one criminal scheme, qualified as a claim for a single “occurrence” property insurance policy limit, but that …