Business Insurance
A single press release naming a company that has violated workplace health and safety regulations can result in a 73% improvement in compliance by other facilities, a Duke University researcher revealed in a study published in the June issue of Ameri...
Posted: Jun 22, 2020
A federal judge in Bay City, Michigan, this month drew the line over a woman’s lawsuit that claimed that chalking tires for parking enforcement violates constitutional rights: It doesn’t, the Saginaw and Bay City News reported.
Posted: Jun 22, 2020
Two unions representing miners on June 16 jointly filed a lawsuit to force the federal Mine Safety and Health Administration to issue an Emergency Temporary Standard protecting miners from infectious diseases in light of the closed quarters many indu...
Posted: Jun 22, 2020
AssuredPartners Inc. has acquired Rand-Tec Insurance Agency, AssuredPartners said in a statement Monday.
Posted: Jun 22, 2020
The U.S. Supreme Court on Monday placed limits on the Securities and Exchange Commission's practice of forcing defendants to surrender profits obtained through fraud as part of its enforcement of investor-protection laws in federal courts but stopped...
Posted: Jun 22, 2020
U.S.-based Google LLC's appeal against a €50 million ($56 million) fine in France for failing to provide adequate information on its data consent policies has been dismissed.
Posted: Jun 22, 2020
U.K.-based Markel International Insurance Co. Ltd. has stopped writing contingency insurance, covering event cancellation or postponement, following a strategic review.
Posted: Jun 22, 2020
Cayman Islands-based Caribbean parametric disaster insurance risk pool CCRIF SPC plans to offer discounts to its member countries for their parametric insurance policies for 2020-21 ins response to the COVID-19 pandemic.
Posted: Jun 22, 2020
An explosion at U.S.-based agribusiness Archer Daniels Midland Co.'s oilseed processing plant in Erith, London, on June 19 injured three workers and forced the evacuation of hundreds of workers.
Posted: Jun 22, 2020
South African insurers have denied business interruption claims related to the COVID-19 pandemic, and said that government lock-down orderw were the cause of the loss and not the pandemic.
Posted: Jun 22, 2020
The Geological Agency of Indonesia said that Mount Merapi volcano erupted twice on June 21 and sent clouds of ash six kilometers into the sky.
Posted: Jun 22, 2020
India's Assam Pollution Control Board has ordered Oil India Ltd. to close its Baghjan oilfield after an oil leak cause extensive damage.
Posted: Jun 22, 2020
Singapore-based cyber intelligence provider Cyfirma said that hacking groups with links to the Chinese government may target Indian firms.
Posted: Jun 22, 2020
Private equity investment firms Oak Hill Capital Partners and The Carlyle Group on Friday said they have formed a holding company that will house retail brokerage EPIC Insurance Brokers & Consultants and wholesaler and managing general agent JenCap H...
Posted: Jun 19, 2020
Claims against two police officers and the city of Euclid, Ohio, in connection with the unjustified arrest of a black man were reinstated by a federal appeals court Thursday in a ruling that hinged in part on a Chris Rock video.
Posted: Jun 19, 2020
Thierry Léger will succeed Edi Schmid as group chief underwriting officer Swiss Re Ltd., effective Sept. 1, the company said in a statement Friday.
Posted: Jun 19, 2020
A train conductor’s negligence claims against his employer were unanimously dismissed Wednesday by the 7th U.S. Circuit Court of Appeals in Chicago.
Posted: Jun 19, 2020
Lawmakers in Rhode Island on Thursday introduced a bill that would clear the red tape for benefits for workers in several industries presumed to have caught COVID-19 while on the job.
Posted: Jun 19, 2020
Lawmakers in New York on Thursday introduced a bill that would help frontline workers such as emergency responders and hospital workers grappling with trauma related to their work in caring for patients with COVID-19.
Posted: Jun 19, 2020
Charles Taylor Insurance Services Ltd. has added workers compensation and Defense Base Act claims handling and medical management services to its offerings, the London-based claims and risk management firm released in a statement Wednesday.
Posted: Jun 19, 2020
Nearly 13,000 workers compensation policyholders in Florida will receive premium refunds totaling $27.6 million, the state’s chief financial officer announced Wednesday in a statement.
Posted: Jun 19, 2020
A district court judge on Wednesday dismissed a putative class-action lawsuit filed against Liberty Mutual Insurance Co. by a client who claimed the Boston-based insurer overcharged for workers compensation insurance.
Posted: Jun 19, 2020
Legislative changes allowing workers compensation coverage due to COVID-19 will result in an increase in loss estimates and a potential earnings hit for the insurance companies, according an analysis released Thursday by A.M. Best.
Posted: Jun 19, 2020
Allianz Global Corporate & Specialty SE on Friday said board members Sinéad Browne and Hartmut Mai will resign and leave the company, effective June 30, as it consolidates its two regional units outside North America into one.
Posted: Jun 19, 2020
We must act. This is the plea we are hearing from our streets. It’s the realization we hear in our own heads during quiet moments of self-reflection. And it’s the refrain we are starting to hear from some corporate C-suites that are coming to grips w...
Posted: Jun 19, 2020