January 7th, 2013 Insurance Journal Minneapolis, Minn., officials said they haven’t begun to tally the costs of a massive water main break that sent 14 million gallons of water gushing into downtown streets last week, submerging dozens of vehicles and forcing local businesses to shut down. City Engineer Steve Kotke said he expected the broken [...]
Entries Tagged as 'General'
Costs Rising in Minneapolis Water Main Break
January 17th, 2013 · No Comments
Tags: Auto Insurance · Commercial Insurance · General · Personal Insurance
Mobile Device Explosion Creates Need for Heightened Security
October 11th, 2012 · No Comments
Whether they are lost or stolen, or come under attack from malware, mobile devices represent a growing security risk for businesses. Yet many businesses do not have adequate security policies and practices in place.
Tags: Commercial Insurance · General · Personal Insurance
How Dangerous Is Distracted Walking? N.Y. Transport Chief Weighs In
October 3rd, 2012 · No Comments
Insurance Journal New York City saw a rise in the citywide traffic fatality figure for the last fiscal year that ended June 30. What could be causing this increase? The city’s transportation commissioner suggests pedestrians distracted with their smartphones and iPhones could be partly to blame, according to a news report. In an article in [...]
Tags: General · Health Insurance · Life Insurance
Neil Armstrong Couldn’t Afford Life Insurance, So He Used A Creative Way To Provide For His Family If He Died.
September 7th, 2012 · No Comments
After all the danger, glory, and fame it’s easy to forget that at the end of the day astronauts are federal employees subject to the same General Schedule (GS) pay scale as everyone from typists to CIA agents.
Unfortunately, a federal salary wasn’t enough for Apollo 11 astronauts to purchase life insurance.
Tags: General · Life Insurance
Clothes Dryer Fires Cost $35 Million a Year
August 24th, 2012 · No Comments
An estimated 2,900 clothes dryer fires in residential buildings are reported to U.S. fire departments each year and cause an estimated $35 million in property losses, according to a new government report.
Tags: General · Personal Insurance
Supreme Court Upholds Mandate, Penalty
June 28th, 2012 · No Comments
In a surprise move, the Supreme Court upheld the individual mandate by a 5-4 vote released this morning, relieving insurance companies of what would have been a heavy burden under the 2010 health care reform law, the Affordable Care Act. More…
Tags: General · Health Insurance
E-Mods; Nationwide change set for 2013; you can help lessen effect
June 27th, 2012 · No Comments
The weight of claims costs that go into figuring employers experience mod is scheduled to double next year, the first increase in more than 20 years and the first in a series of annual increases scheduled by the National Council on Compensation Insurance and most state rating bureaus.
Tags: Commercial Insurance · General
37 Percent of Discrimination Cases Against Employers Claim Retaliation
June 27th, 2012 · No Comments
Source, SFMIC BLOOMINGTON, Minn., June 7, 2012—Workers nationally filed more charges of employer retaliation in 2011 than any other discrimination charge, according to the U.S. Equal Employment Opportunity Commission. Charges of retaliation, up 3 percent from the prior year, were involved in 37 percent of all cases against employers. Charges of race and sex discrimination [...]
Tags: Commercial Insurance · General
Crash Friday – Vehicle Safety
June 22nd, 2012 · No Comments
Which is safer in a front end collision – a 2009 Malibu or 1959 Bel Air? This is an example of how far passenger protection has come in the last fifty years.
Tags: Auto Insurance · General · Life Insurance
12,639 Unbelted Motorists Ticketed During Click It or Ticket Campaign
June 15th, 2012 · No Comments
ST. PAUL — A statewide Click It or Ticket seat belt enforcement campaign, May 21–June 3, resulted in 12,639 motorists cited for not wearing seat belts, according to preliminary results from the Minnesota Department of Public Safety (DPS) Office of Traffic Safety. In the last three years in Minnesota, (2009–2011), there were 878 motorist traffic deaths of [...]
Tags: Auto Insurance · Commercial Insurance · General · Life Insurance · Personal Insurance
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