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Triangle Shirtwaist Company
The Triangle Shirtwaist Factory fire in the Greenwich Village neighborhood of Manhattan, New York City, on Saturday, March 25, 1911, was the deadliest industrial disaster in the history of the city, and one of the deadliest in U.S. history. The fire caused the deaths of 146 garment workers – 123 women and girls and 23 men – who died from the fire, smoke inhalation, or falling or jumping to their deaths. Most of the victims were recent Italian or Jewish immigrant women and girls aged 14 to 23; of the victims whose ages are known, the oldest victim was 43-year-old Providenza Panno, and the youngest were 14-year-olds Kate Leone and Rosaria "Sara" Maltese. The factory was located on the 8th, 9th, and 10th floors of the Asch Building, which had been built in 1901. Later renamed the " Brown Building", it still stands at 23–29 Washington Place near Washington Square Park, on the New York University (NYU) campus. The building has been designated a National Historic Landmark and a ...
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Asch Building
The Brown Building is a ten-story building that is part of the campus of New York University (NYU), which owns it. It is located at 23–29 Washington Place, between Greene Street and Washington Square Park, New York, Washington Square East in the Greenwich Village neighborhood of Manhattan, New York City, and is best known as the location of the March 25, 1911, Triangle Shirtwaist Factory fire, which killed 146 people. The building was listed on the National Register of Historic Places and was named a National Historical Landmark in 1991. It was designated a List of New York City Landmarks, New York City landmark in 2003. History The iron and steel building was constructed in 1900–01, and was designed by John Woolley in the Neo-Renaissance architecture, neo-Renaissance style., pp. 64–65 It was named the Asch Building after its owner, Joseph J. Asch.Historical plaque on the southeast corner of the Brown Building, facing Greene Street, placed by the New York Landmarks Preservat ...
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New York City Landmarks Preservation Commission
The New York City Landmarks Preservation Commission (LPC) is the New York City agency charged with administering the city's Landmarks Preservation Law. The LPC is responsible for protecting New York City's architecturally, historically, and culturally significant buildings and sites by granting them landmark or historic district status, and regulating them after designation. It is the largest municipal preservation agency in the nation. , the LPC has designated more than 37,000 landmark properties in all five boroughs. Most of these are concentrated in historic districts, although there are over a thousand individual landmarks, as well as numerous interior and scenic landmarks. Mayor Robert F. Wagner Jr. first organized a preservation committee in 1961, and the following year, created the LPC. The LPC's power was greatly strengthened after the Landmarks Law was passed in April 1965, one and a half years after the destruction of Pennsylvania Station. The LPC has been involved ...
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Moral Hazard
In economics, a moral hazard is a situation where an economic actor has an incentive to increase its exposure to risk because it does not bear the full costs of that risk. For example, when a corporation is insured, it may take on higher risk knowing that its insurance will pay the associated costs. A moral hazard may occur where the actions of the risk-taking party change to the detriment of the cost-bearing party after a financial transaction has taken place. Moral hazard can occur under a type of information asymmetry where the risk-taking party to a transaction knows more about its intentions than the party paying the consequences of the risk and has a tendency or incentive to take on too much risk from the perspective of the party with less information. One example is a principal–agent problem, where one party, called an agent, acts on behalf of another party, called the principal. If the agent has more information about his or her actions or intentions than the princ ...
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The Insurance Monitor
''The'' () is a grammatical article in English, denoting persons or things already mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with pronouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a consonant sound, and as (homophone of pronoun ''thee'') when followed by a v ...
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Insurance Fraud
Insurance fraud is any act committed to defraud an insurance process. It occurs when a claimant attempts to obtain some benefit or advantage they are not entitled to, or when an insurer knowingly denies some benefit that is due. According to the United States Federal Bureau of Investigation, the most common schemes include premium diversion, fee churning, asset diversion, and workers compensation fraud. Perpetrators in the schemes can be insurance company employees or claimants. False insurance claims are insurance claims filed with the fraudulent intention towards an insurance provider. Insurance fraud has existed since the beginning of insurance as a commercial enterprise.Manes, Alfred. "Insurance Crimes."
p. 34.
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Collier's
''Collier's'' was an American general interest magazine founded in 1888 by Peter Fenelon Collier. It was launched as ''Collier's Once a Week'', then renamed in 1895 as ''Collier's Weekly: An Illustrated Journal'', shortened in 1905 to ''Collier's: The National Weekly'' and eventually to simply ''Collier's''. The magazine ceased publication with the issue dated the week ending January 4, 1957, although a brief, failed attempt was made to revive the Collier's name with a new magazine in 2012. As a result of Peter Collier's pioneering investigative journalism, ''Collier's'' established a reputation as a proponent of social reform. After lawsuits by several companies against ''Collier's'' ended in failure, other magazines joined in what Theodore Roosevelt described as "muckraking journalism." Sponsored by Nathan S. Collier (a descendant of Peter Collier), the Collier Prize for State Government Accountability was created in 2019. The annual US$25,000 prize is one of the large ...
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Sewing Machine
A sewing machine is a machine used to sew fabric and materials together with thread. Sewing machines were invented during the first Industrial Revolution to decrease the amount of manual sewing work performed in clothing companies. Since the invention of the first sewing machine, generally considered to have been the work of Englishman Thomas Saint in 1790, the sewing machine has greatly improved the efficiency and productivity of the clothing industry. Home sewing machines are designed for one person to sew individual items while using a single stitch type at a time. In a modern sewing machine, the process of stitching has been automated so that the fabric easily glides in and out of the machine without the inconvenience of needles, thimbles and other tools used in hand sewing. Early sewing machines were powered by either constantly turning a handle or with a foot-operated treadle mechanism. Electrically-powered machines were later introduced. Industrial sewing machines, by co ...
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New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital media, digital subscribers. It also is a producer of popular podcasts such as ''The Daily (podcast), The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones (publisher), George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won List of Pulitzer Prizes awarded to The New York Times, 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national "newspaper of record". For print it is ranked List of newspapers by circulation, 18th in the world by circulation and List of newspapers in the United States, 3rd in the U.S. The paper is owned by the New York Times Company, which is Public company, publicly traded. It has been governed by the Sulzberger family since 189 ...
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United States Bureau Of Labor Statistics
The Bureau of Labor Statistics (BLS) is a unit of the United States Department of Labor. It is the principal fact-finding agency for the U.S. government in the broad field of labor economics and statistics and serves as a principal agency of the U.S. Federal Statistical System. The BLS collects, processes, analyzes, and disseminates essential statistical data to the American public, the U.S. Congress, other Federal agencies, State and local governments, business, and labor representatives. The BLS also serves as a statistical resource to the United States Department of Labor, and conducts research measuring the income levels families need to maintain a satisfactory quality of life. BLS data must satisfy a number of criteria, including relevance to current social and economic issues, timeliness in reflecting today's rapidly changing economic conditions, accuracy and consistently high statistical quality, impartiality in both subject matter and presentation, and accessibility t ...
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Immigrant
Immigration is the international movement of people to a destination country of which they are not natives or where they do not possess citizenship in order to settle as permanent residents or naturalized citizens. Commuters, tourists, and other short-term stays in a destination country do not fall under the definition of immigration or migration; seasonal labour immigration is sometimes included, however. As for economic effects, research suggests that migration is beneficial both to the receiving and sending countries. Research, with few exceptions, finds that immigration on average has positive economic effects on the native population, but is mixed as to whether low-skilled immigration adversely affects low-skilled natives. Studies show that the elimination of barriers to migration would have profound effects on world GDP, with estimates of gains ranging between 67 and 147 percent for the scenarios in which 37 to 53 percent of the developing countries' workers migrate ...
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Shirtwaist
From the early 19th century through the Edwardian period, the word ''waist'' was a term common in the United States for the bodice of a dress or for a blouse or woman's shirt. A shirtwaist was originally a separate blouse constructed like a shirt; i.e., of shirting fabric with turnover collar and cuffs and a front button closure. In the later Victorian period, the term became applied more generally to unlined blouses with relatively simple construction and usually of a cotton or linen fabric, but often highly ornamented with embroidery and lace. From the mid-20th century, the term ''shirtwaist'' referred to a dress with the upper portion (the bodice and sleeves) fashioned like a man's shirt, with a turnover collar and buttons down the front. Different embroidery were added to the shirtwaist, like rhinestones and different patterns. Women who entered the workforce often wore this style of garment, and it was thus seen as a symbol of the 'New Women' that emerged in the late 19th c ...
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