June 16, 2019
Insight Companies Inc.
Fri, 14 Jun 2019 20:59:31 +0000
AM Best has downgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “bbb” from “bbb+” and affirmed the Financial Strength Rating (FSR) of B++ (Good) of The California Casualty Indemnity Exchange in San Mateo, Calif., and its wholly owned subs...
Fri, 14 Jun 2019 20:55:36 +0000
Arthur J. Gallagher & Co. has acquired Rocklin, Calif.-based Abram Interstate Insurance Services Inc. Terms of the deal were not disclosed. Ron Abram and his associates will remain in their current location under the direction of Joel Cavaness, preside...
Fri, 14 Jun 2019 16:42:11 +0000
Faced with weeks more flooding in a part of Mississippi that’s been underwater since February, one of the state’s U.S. senators on Wednesday asked President Donald Trump to order temporary pumps to the area to begin pumping water over the …
Fri, 14 Jun 2019 16:31:40 +0000
Pinnacle Actuarial Resources, Inc. has hired Christopher J. Schubert as a consulting actuary in the firm’s Atlanta office. Schubert has more than 8 years of property and casualty actuarial experience. Prior to consulting, Schubert worked for a primary ...
Fri, 14 Jun 2019 16:07:59 +0000
Chicago’s City Council approved a $3.7 million legal settlement to three people injured in a 2014 car crash. The bulk of the settlement is meant for Kelsey Ibach, who was paralyzed when an auto she was a passenger in landed …
Fri, 14 Jun 2019 16:02:54 +0000
Gov. Greg Abbott has signed four bills into law aimed at bolstering the state’s emergency preparedness and disaster relief programs, including framework that provides more than $1.6 billion for flood control projects and repairs across the state. The l...
Fri, 14 Jun 2019 15:24:04 +0000
A postal worker on disability retirement for psychological issues returned to her workplace years later and killed six people. A Connecticut beer delivery worker irate over being forced to resign opened fire as he was being escorted out of the …
Fri, 14 Jun 2019 14:47:13 +0000
Nevada’s attorney general is recommending approval of a $25 million settlement with homeowners and insurance companies who sought more than $300 million in damages from the state after a fire destroyed 24 homes south of Reno when strong winds reignited …
Fri, 14 Jun 2019 14:44:00 +0000
A wrongful death lawsuit claims dangerous work conditions and a Wyoming developer’s negligence caused the deaths of two men when a trench collapsed last year. The Jackson Hole News and Guide reports the lawsuit was filed Tuesday on behalf of …
Fri, 14 Jun 2019 14:13:01 +0000
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 fir...
Fri, 14 Jun 2019 13:16:47 +0000
Faced with legislation in California that endangers their business model, Uber Technologies Inc. and Lyft Inc. are urging a compromise that would keep their drivers from being considered employees. “We can make independent work better if we update cent...
Fri, 14 Jun 2019 13:00:46 +0000
One afternoon in late October 2017, hundreds of students from the elite Avenues private school in Manhattan were loaded onto buses, ready to head home. Suddenly, school principal Abby Brody got a disturbing smartphone alert. The crime-tracking app Citi...
Fri, 14 Jun 2019 12:30:37 +0000
Allianz Global Corporate & Specialty SE (AGCS) is rearranging roles in the management team of its Specialty business segment. Effective July 1, 2019, Ulrich Kadow will be appointed as AGCS global head of Marine. Effective immediately, Tom Fadden will be …
Fri, 14 Jun 2019 12:29:13 +0000
There is a 66% chance that the Northern Hemisphere will see persisting El Niño conditions in the summer of 2019, the National Weather Service’s Climate Prediction Center (CPC) said in its monthly forecast on Thursday. “The current downwelling oceanic ...
Fri, 14 Jun 2019 12:00:21 +0000
The federal Occupational Safety and Health Administration has proposed nearly $1.8 million in fines for a Maine roofing contractor after an employee died in December. An OSHA spokesman told the Portland Press Herald that the fine against Shawn Purvis is …
Fri, 14 Jun 2019 11:59:47 +0000
Threatening to leave the European Union without a deal isn’t likely to win Britain concessions from the bloc, the country’s biggest business group said in a warning to candidates jostling to succeed Prime Minister Theresa May. “I’ve never felt it …
Fri, 14 Jun 2019 11:27:49 +0000
Dutch marine engineer Boskalis said on Friday it had has been appointed to salvage both tankers that were hit in the Gulf of Oman in a suspected attack. Boskalis said the condition of the Front Altair tanker, carrying a cargo …
Fri, 14 Jun 2019 11:07:47 +0000
China should focus on market reforms and avoid restricting access for U.S. financial firms if the trade war escalates and spills into the financial sector, said a lobby group representing global banks and asset managers. The Asia Securities Industry & …
Fri, 14 Jun 2019 10:58:09 +0000
Frederick Mutual, a Frederick, Md.-based insurance company, has promoted Jill Showalter to vice president and chief insurance operations officer. Showalter initially joined Frederick Mutual on October 2, 2017, as its new regional vice president. In thi...
Fri, 14 Jun 2019 10:48:25 +0000
Ottawa increased the insurance coverage available for canola exporters, a government corporation said on Thursday, as it seeks to reduce trade risks amid a dispute with China. China halted purchases of Canadian canola in March, citing pests in shipment...
Fri, 14 Jun 2019 10:12:16 +0000
Swiss Re AG confirmed that its U.K.-based ReAssure Group Plc unit intends to undertake an initial public offering, giving the business firepower to expand its closed life and pension business. The company is expected to begin trading in London in …
Fri, 14 Jun 2019 10:09:40 +0000
The pilot killed when his helicopter hit the roof of a New York City skyscraper in rain and fog radioed that he was lost and trying to get back to the heliport but couldn’t find it, an official briefed on …
Fri, 14 Jun 2019 09:44:53 +0000
Oil tanker owners are turning increasingly nervous about loading cargoes from the world’s largest export region for crude after the latest round of attacks on vessels. Both owners and the companies that charter their ships paused bookings on Thursday as …
Fri, 14 Jun 2019 06:57:58 +0000
The Oklahoma Workers’ Compensation Commission (WCC) reports that as a result of the passage of legislative revisions to 2013 workers’ compensation reforms, it is required to review and update the schedule of fees by which doctors who treat injured work...
Fri, 14 Jun 2019 06:49:37 +0000
L-3 Communications, a large defense contractor with facilities in Texas, will pay $75,000 and furnish other relief to settle a federal disability discrimination lawsuit. According to the lawsuit filed by the U.S. Equal Employment Opportunity Commission...
Fri, 14 Jun 2019 06:43:34 +0000
Ryan Hicks has been named senior vice president, chief human resources officer for the Farmers Alliance Companies in McPherson, Kansas. With this promotion, Hicks becomes a member of the executive management team. Hicks joined Farmers Alliance in early...
Fri, 14 Jun 2019 06:26:39 +0000
A prominent cancer hospital in Houston will be subject to more aggressive federal oversight after authorities found the facility in violation of serious hospital requirements for patient care and safety. The clampdown on MD Anderson Cancer Center follo...
Fri, 14 Jun 2019 06:21:16 +0000
Sixteen more Ohio State University alumni have sued the university over how school officials dealt with a team doctor who an investigation recently concluded had sexually abused at least 177 young men between 1979 and 1997. The federal case filed …
Fri, 14 Jun 2019 06:15:20 +0000
A southeastern Iowa woman has been sentenced to two years’ probation and ordered to pay more than $14,000 in restitution and penalties for insurance fraud. The Iowa Insurance Division said in a news release that 39-year-old Brandy Voss, of Oskaloosa, …
Fri, 14 Jun 2019 05:00:46 +0000
The family of Jeffrey Eisenman, a 65-year-old passenger on the Carnival Sunshine, alleges in a lawsuit that the world’s largest cruise company wouldn’t let him off of the ship after he suffered a heart attack last December. Eisenman died on …