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Tired Employees Common in Industries Using Shift Work
October 18, 2018
More than two-thirds (69 percent) of employees are tired at work, increasing the risk of injuries and incidents on the job, according to the National Safety Council. Many of these fatigued employees work in the construction, transportation, manufactu …

New Hampshire Insurance Company Trains Workers on Overdose Reversal Drug
October 18, 2018
Employees at one of New Hampshire’s community mental health centers are getting trained to administer overdose reversal drugs. Harvard Pilgrim Health Care on Friday held a training session for employees at Riverbend Community Mental Health in Concord …

Uber Driver Charged with Kidnapping New York Woman
October 18, 2018
An Uber driver in New York City kidnapped a woman who fell asleep in his vehicle, groped her in the back seat and then left her on the side of a highway in Connecticut, federal authorities said Tuesday. Harbir Parmar, …

Mo’s Seafood in Maryland to Pay $1M to Workers Who Sued Over Pay
October 18, 2018
The company operating Mo’s Seafood restaurants will pay $1 million to settle a lawsuit with 34 former employees who said they were underpaid. In the collective-action lawsuit filed against Mo’s Fisherman Exchange Inc. and owner Mohammed Manocheh in 2 …

Applied Systems Acquires Benefits Software Firm Dynamis
October 18, 2018
Fresh off its announcement of Google becoming a minority investor, insurance agency technology provider Applied Systems announced it has acquired Dynamis Software Corp., a Milwaukee-based provider of employee benefits software. This acquisition expan …

Travelers Q3 Profit More than Doubles on Lower Catastrophe Losses, Higher Premiums
October 18, 2018
Third quarter profit more than doubled at Travelers Corp. due to higher premiums and investment income and lower catastrophe losses, the insurer reported. Net income came in at $709 million, up from $293 million for the third quarter last year. …

Update: Liberty Mutual Conducts Strategic Review of Pembroke Managing Agency
October 18, 2018
Liberty Mutual Insurance announced it is undertaking a strategic review of its London-based Pembroke Managing Agency Ltd., acquired through the lronshore purchase in May of 2017. The company has retained Evercore to serve as its adviser during the pr …

UK’s May Eyes Extension of Brexit Transition Period to Unlock Impasse with EU
October 18, 2018
British Prime Minister Theresa May signaled on Thursday she would consider extending a so-called transition period “for a matter of months” after Britain leaves the European Union, a move her critics say is a betrayal of Brexit. Less than six …

Gallagher Acquires UK Commercial Broker Portmore
October 18, 2018
Global insurance broker, risk management services and consulting firm Gallagher announces the acquisition of Portmore Insurance Brokers Ltd. and Portmore Insurance Brokers (Wiltshire) Ltd. in the UK. Terms of the transaction were not disclosed. Based …

RenaissanceRe Estimates Q3 Claims Costs of $155M from Natural Catastrophes
October 18, 2018
RenaissanceRe Holdings Ltd. announced it currently estimates that the cost of claims from third quarter 2018 catastrophe events will have an estimated net negative impact of approximately $155 million on its third quarter 2018 results. The estimated …

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