Business Insurance
Is a certain college linked to higher salary? Augustana College in Rock Island, Illinois, is among the first willing to cover that bet for prospective transfer students.
Posted: Jul 26, 2021
When former New Jersey Attorney General Gurbir Grewal starts work at the U.S. Securities and Exchange Commission on Monday, he will be the agency’s first incoming enforcement director without recent ties to corporate America since 2005.
Posted: Jul 26, 2021
Insurance brokers Aon PLC and Willis Towers Watson PLC said on Monday they had agreed to terminate their $30 billion merger agreement and end their litigation with the U.S. Department of Justice.
Posted: Jul 26, 2021
Former Georgia Insurance Commissioner Jim C. Beck was convicted by a federal jury in Atlanta Thursday on all 37 counts of an indictment charging him with embezzling more than $2 million from his former employer, the Georgia Underwriting Association.
Posted: Jul 23, 2021
A dredging equipment manufacturer has been cited more than $89,000 after the death of a 22-year-old apprentice, the Occupational Safety and Health Administration said in a statement Thursday.
Posted: Jul 23, 2021
Hippo Enterprises Inc. on Friday said the first offering from its commercial lines unit is a homeowners association product.
Posted: Jul 23, 2021
An appeals court in New York on Thursday denied death benefits to the family of a United Postal Service worker with pre-existing coronary artery disease.
Posted: Jul 23, 2021
The injuries a hospital food service worker sustained after he was hit by a car near a loading dock entrance to the hospital are compensable, an appellate court held Thursday.
Posted: Jul 23, 2021
Wisconsin has approved a combined 5.44% decrease in workers compensation rates, which is expected to save businesses more than $90 billion, state Insurance Commissioner Mark Afable announced Thursday.
Posted: Jul 23, 2021
FirstEnergy Corp. has named former New York Power Authority risk manager Soubhagya Parija as vice president and chief risk officer, effective August 16.
Posted: Jul 23, 2021
Lockdowns in Vietnam due to a surge in COVID-19 infections threaten to disrupt supply chains of multinational firms such as Nike and Ikea, as their suppliers are forced to either host employees on site or suspend production.
Posted: Jul 23, 2021
The government of Belgian region Wallonia said that the recent floods caused an estimated €10 billion ($11.8 billion) in damage to the country.
Posted: Jul 23, 2021
Spain-based insurer Mapfre SA’s total written premiums increased by more than 6% year-on-year in the first half of the year, with its reinsurance business recording more than 11% growth in premiums.
Posted: Jul 23, 2021
South Korean firm LG Electronics Inc. expects tens of millions of dollars’ worth of damage from the recent looting and arson at its Durban, South Africa-based factory and warehouses.
Posted: Jul 23, 2021
The devastating floods and rainfall in Zhengzhou in China’s Henan Province have affected supply chains of several major multinational companies, including Apple Inc., FedEx Corp. and Nissan Motor Co. Ltd.
Posted: Jul 23, 2021
The U.S. Department of Transportation's pipeline regulator on Thursday put the operator of the Dakota Access Pipeline, Energy Transfer LP, on notice for probable violations of safety regulations and proposed a civil penalty against it.
Posted: Jul 23, 2021
Broker BRP Group Inc. said Friday that its Millennial Specialty Insurance LLC unit had acquired FounderShield LLC, AlphaRoot LLC, ReShield LLC and Scale Underwriting Services LLC, collectively known as Founder Shield, a New York-based insurtech compa...
Posted: Jul 23, 2021
Pennsylvania employers are obligated under state law to pay workers for the time they take to go through mandatory screening, even if this takes a minimal amount of time, despite a contrary U.S. Supreme Court ruling, the Pennsylvania Supreme Court he...
Posted: Jul 22, 2021
W.R. Berkley Corp. on Thursday reported a 232.9% increase in net income, to $237.2 million, in the second quarter.
Posted: Jul 22, 2021
Ryan Specialty Group Holdings Inc. said Wednesday its initial public offering of 56.9 million shares of common stock on the New York Stock Exchange will be priced at $23.50 per share, for gross proceeds of $1.34 billion, before underwriting discounts...
Posted: Jul 22, 2021
A federal appeals court reversed a lower court Wednesday and ruled an American International Group Inc. unit is obligated to defend a retailer in connection with a data breach.
Posted: Jul 22, 2021
FM Global on Thursday announced key executive appointments into newly created roles in the wake of the recently announced retirement of CEO Thomas A. Lawson at year-end.
Posted: Jul 22, 2021
Costco Wholesale and the Tiffany & Co. have settled their eight-year trademark infringement dispute over alleged counterfeit sales of generic diamond engagement rings bearing the “Tiffany” name, which more than 3,000 club members had thrown in their...
Posted: Jul 22, 2021
The pandemic had no noticeable impact on medical treatment for injured workers who filed non-COVID-19 claims, according to a report released Thursday by the Workers Compensation Research Institute.
Posted: Jul 22, 2021
Many websites were briefly down in an outage sparked by a glitch in Akamai Technologies Inc.'s systems, the second major disruption linked to the cloud company in about a month.
Posted: Jul 22, 2021