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Chicago Restaurant Chain to Settle Sexual Harassment, Retaliation Suit for $160K
Chicago-based Rosebud Restaurants Inc. will pay $160,000 to settle a sexual harassment and retaliation lawsuit, according to the U.S. Equal Employment Opportunity Commission (EEOC). The EEOC’s lawsuit charged Rosebud, which owns approximately nine Italian restaurants in the Chicagoland area, with …

POSTED OCTOBER 16, 2018 4:17 PM
Firefighters Say Natural Gas Explosion at Virginia Home Injures Nine
Authorities believe a natural gas explosion at a Virginia home caused a fire that has injured nine people. Chesapeake Fire Lt. Anthony P. Barakat tells news outlets that the two homeowners were hospitalized in critical condition following the “significant explosion” …

POSTED OCTOBER 16, 2018 3:06 PM
California Train Agency Fined $650K in 2 Worker Deaths
Regulators fined the San Francisco Bay Area’s transit agency $650,000 on Thursday for safety failures that led a commuter train to strike and kill two workers inspecting track five years ago during a union strike. The California Public Utilities Commission …

POSTED OCTOBER 16, 2018 2:56 PM
Colleges Handling Surge in Claims of Past Sexual Harassment
For 35 years, Ruth D’Eredita tried to dismiss her former professor’s behavior — the way he touched her, groped her and kissed her. But last year, as dozens of women came forward to share similar encounters with powerful men, she …

POSTED OCTOBER 16, 2018 1:58 PM
P/C Insurers Double Net Income in First Half of Year
U.S. property/casualty insurers saw their net income after taxes more than double to $34 billion in first-half 2018 from $15.5 billion in first-half 2017, with the help of lower catastrophe losses, growing premiums, and an increase in investment income, according …

POSTED OCTOBER 16, 2018 1:46 PM
The Hilb Group Acquires Massachusetts’ DBR Group
The Hilb Group LLC has acquired Massachusetts-based DBR Group Inc. The transaction became effective October 1, 2018. Founded in 2004, DBR is an employee benefit and actuarial consulting firm providing a range of benefits consulting and brokerage services to organizations …

POSTED OCTOBER 16, 2018 1:23 PM
SASCO Insurance Services Merges with New Jersey’s Otterstedt Insurance Agency
SASCO Insurance Services of Hackettstown, N.J., has recently merged with Otterstedt Insurance Agency Inc., headquartered in Englewood Cliffs, N.J. SASCO Insurance has been providing customized insurance coverage plans for commercial and personal lines clients since 1984. Otterstedt has served a …

POSTED OCTOBER 16, 2018 1:18 PM
Travelers Teams with Amazon to Offer Smart Home Products, Insurance Quotes
The Travelers Companies Inc. is teaming up with Amazon to offer smart home kits, insurance quotes and risk management information through a digital storefront: Amazon.com/Travelers. Customers will be able to obtain smart home kits at discounted prices in participating states. …

POSTED OCTOBER 16, 2018 1:09 PM
Calls for New Regulation Mount as New York Limo Crash Victims Mourned
The day after a mourning community said last goodbyes to eight of 20 victims of a limousine crash – four sisters and four other relatives – the Senate’s top Democrat called on federal regulators to formulate new safety standards for …

POSTED OCTOBER 16, 2018 12:56 PM
Hurricanes Behind Cuts in Earnings Estimates for AIG, Chubb, Other S&P 500
The S&P 500 has plummeted more than 5 percent since early October. The culprit: slowing earnings growth stemming from rising interest rates and oil prices, according to Goldman Sachs Group Inc. That straightforward theory might work as a catch-all, but …

POSTED OCTOBER 16, 2018 12:46 PM

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