Loss Control News

Business News: Hi Marley, Cambridge Mobile Telematics, Triple-I and The Institutes

Hi Marley Raises $8M in Funding Round Hi Marley, a chatbot designed for the insurance industry, announced that it raised $8 million from investors, bringing total financing for the company to $18.6 million. The Boston based insurtech said the new …

Nuclear Verdicts Continue to Push Commercial Auto Rates

In the last five or six years, trucking companies have watched their insurance rates climb, and many have found the insurance process daunting. Since 2018, trucking insurers have lost around $1.8 billion due to continued pressure from plaintiffs’ attorneys targeting …

Travelers Bulks Up Wildfire Protection After Deadly 2018 Blazes

Travelers Cos. is strengthening its wildfire-defense efforts after deadly blazes swept through California last year. The insurer is adding a service to all of its California home and landlord policies, helping customers prepare their property for a fire by different …

Videofied Rebuilds Alarm/Police/Insurance Partnership With 70% Arrest Rates

Minneapolis, MN, 02/21/12 – The NICB (National Insurance Crime Bureau) and the National Sheriffs Assn. describe how Priority Response delivers value to insurers in a 6 minute webcast in Insurance Journal complete with actual video clips of intrusions and arrests: …

Health Industry Lacks Patient Data Safeguards

New technologies are flooding into the healthcare world, but the industry is not adequately prepared to protect patients from data breaches, according to a report published Thursday. A vast majority of hospitals, doctors, pharmacies and insurers are eager to adapt …

Wells Fargo Insurance Services Names Venier Mich. Risk Control Manager

Daniel J. Venier, P.E. is the newly appointed risk control manager at Wells Fargo Insurance Services USA Inc.’s Michigan locations. Venier will lead brokerage team efforts for risk control and claims within the division’s Grand Rapids and Southfield offices. Based …

Mine Inspections Result in Hundreds of Safety Citations

According to the U.S. Department of Labor’s Mine Safety and Health Administration, federal inspectors issued 166 citations and orders during special impact inspections conducted at seven coal mines and one dimension stone quarry last month. The seven coal mines were …

Ace Iron and Metal in Ohio Cited for Safety Violations

Federal safety regulators issued Ace Iron and Metal Co. of Columbus, Ohio, 14 alleged safety violations for failing to provide workers’ machine guards and personal protective equipment, and to train them in safety procedures. The company faces penalties totaling $63,000. …

OSHA Proposes $212K Fine for Maine Paper Mill

The federal Occupational Safety and Health Administration is proposing that a Maine paper mill be fined $212,000 for alleged safety violations. OSHA announced Wednesday it has cited Lincoln Paper and Tissue LLC following an accident last September that resulted in …

Ohio Grain Company Fined $465.5K Following Worker Fatality

Federal safety regulators cited Gavilon Grain LLC in Morral, Ohio, following the September 2010 death of a 20-year-old worker who was caught in a discharge auger while cleaning out a grain bin. The U.S. Department of Labor’s Occupational Safety and …