Mon, 22 Oct 2018 15:06:18 +0000
Wheelchair users attending Seattle Mariners baseball games at Safeco Field get a “second-class” experience, a nonprofit disability-rights law firm says, and has filed a discrimination lawsuit. The Seattle Times reported that Washington Civil and Disabi...
Mon, 22 Oct 2018 15:03:45 +0000
A Portland, Ore. cremation worker who says she was sexually harassed and fired after reporting she sustained a back injury when a heavy corpse fell on her has filed a lawsuit seeking $900,000. The Oregonian/OregonLive reported that the sex discriminati...
Mon, 22 Oct 2018 15:01:38 +0000
A Colorado reports shows marijuana sales in the state have exceeded $1 billion as of August of this year, with tax revenue from those sales reaching $200 million. The Denver Post reports the state Department of Revenue report indicates medical …
Mon, 22 Oct 2018 14:58:23 +0000
California moved a step closer Friday to allowing marijuana deliveries in communities that have banned retail sales of the drug as regulators rebuffed cities and police chiefs who are opposed to the rule. The proposal is a major issue that …
Mon, 22 Oct 2018 14:10:29 +0000
USI Insurance Services (USI), a provider of insurance brokerage and risk management services, has acquired Philadelphia, Penn.-based Beneficial Insurance Services, a wholly owned subsidiary of Beneficial Bancorp Inc. Founded in 2005, the insurance brok...
Mon, 22 Oct 2018 14:02:08 +0000
An Amtrak engineer charged with manslaughter in a deadly high-speed derailment in Philadelphia won’t go on trial until next year because of delays in getting evidence from federal investigators. A lawyer for Brandon Bostian says neither he nor state pr...
Mon, 22 Oct 2018 14:01:57 +0000
Brown & Brown Inc. has agreed to acquire the assets of the Hays Companies insurance operations. The deal for the Minnesota-based insurance broker with $200 million in revenues marks the largest acquisition ever by Brown & Brown in its 75-year …
Mon, 22 Oct 2018 13:33:24 +0000
Federal officials are investigating a Vermont roofing and construction company whose employee died in a fall at a job site in New Hampshire. The Brattleboro Reformer reports the Occupational Safety and Health Administration opened an investigation into...
Mon, 22 Oct 2018 12:51:05 +0000
Over the past few decades tornadoes have been shifting — decreasing in Oklahoma, Texas and Kansas but spinning up more in states along the Mississippi River and farther east, a new study shows. Scientists aren’t quite certain why. Tornado activity …
Mon, 22 Oct 2018 12:26:35 +0000
Like many diligent public servants, Georgia state Representative Ed Setzler enjoys crowing about a nice, tidy highway project. In a Sept. 8 Facebook video, the Republican appeared to be doing just that from behind the wheel of a car. This …
Mon, 22 Oct 2018 10:58:22 +0000
Catastrophe risk modeling firm AIR Worldwide announced it has developed a probabilistic model for cyber risk, which is capable of accounting for security breach and cloud service provider downtime incidents for insurance portfolios worldwide. AIR’s pro...
Mon, 22 Oct 2018 10:35:32 +0000
The London Market Group (LMG) announced that a contract has been signed with Sequel to deliver a faster and more efficient solution for approving and registering coverholders, and a new integrated tool for generating delegated authority binder contract...
Mon, 22 Oct 2018 09:46:05 +0000
Miller announced it has entered into a definitive agreement to acquire Alston Gayler and Co. (AG), majority owned by Nelson Holdings Ltd. AG is an independent London market re/insurance broker specializing in multiple lines of business, said Miller, no...
Mon, 22 Oct 2018 09:34:39 +0000
Billionaire Richard Li’s FWD Group is nearing an agreement to buy control of Commonwealth Bank of Australia’s Indonesian life insurance arm, people familiar with the matter said, in a deal that would boost the tycoon’s presence in one of the …
Mon, 22 Oct 2018 09:26:32 +0000
A fleet of autonomous taxis could roll onto the streets of the U.K. capital within three years, after one of London’s biggest private-hire taxi companies struck a deal with a maker of autonomous vehicle software. Addison Lee Group, which has …
Mon, 22 Oct 2018 08:57:10 +0000
The People’s Insurance Company (Group) of China Ltd., the nation’s largest property insurer, cut the size of a planned first-time domestic share sale and indicated it will proceed when the market improves. The company will offer a maximum of 1.8 …
Mon, 22 Oct 2018 05:21:00 +0000
West Virginia Gov. Jim Justice says there will be no change in state funding for the state employees’ public insurance plan next year in a letter to the agency’s director. The Charleston Gazette-Mail reports Justice said in the letter that …
Mon, 22 Oct 2018 05:17:52 +0000
In court documents filed last week in a lawsuit following the 2015 death of a fan who fell from the upper deck at an Atlanta Braves game, Nolan Ryan says guard rails at the Texas Rangers’ stadium had to be …
Mon, 22 Oct 2018 05:00:42 +0000
The engineer who sued Google after he was fired for blasting the company with allegations of anti-conservative bias won’t get his day in court after all. James Damore’s claims against the Alphabet Inc. unit will be heard behind closed doors …
Mon, 22 Oct 2018 05:00:26 +0000
While there are some issues with the data, virtually every report shows the cyber insurance market growing. Aon Benfield had it growing 37 percent last year to $1.8 billion. It’s profitable and the loss ratio is in the 30s or …
Mon, 22 Oct 2018 05:00:04 +0000
Microsoft Corp. has helped develop a way to protect corporate buyers of clean power from electricity prices that go up and down with the weather. The company is using a risk-management tool called a volume-firming agreement for almost 500 megawatts …
Sun, 21 Oct 2018 14:06:01 +0000
Four-fifths of U.K. companies have cut or withheld investment because of the uncertainty caused by Brexit, Britain’s biggest business lobby said. Some 58 percent of businesses have made plans to cut jobs, adjust supply chains, relocate production and s...
Sun, 21 Oct 2018 13:17:34 +0000
China’s attempts to find new investors for Anbang Insurance Group Co. are gathering pace, as Cerberus Capital Management LP to Swiss Re AG size up the embattled insurer and its overseas operations. Cerberus and Swiss Re are among parties that …
Fri, 19 Oct 2018 16:52:02 +0000
Texas Gov. Greg Abbott has issued a State Disaster Declaration for 18 Texas counties impacted by recent severe weather and flooding that has caused widespread property damage and threatened loss of life. The governor’s declaration comes as rain continu...
Fri, 19 Oct 2018 16:49:34 +0000
More than a week after Hurricane Michael slammed into the Florida Panhandle, authorities are reporting three more deaths from the Category 4 storm as residents returning to their homes try to piece together their lives from the rubble left by …
Fri, 19 Oct 2018 16:44:13 +0000
Businesses in Indiana can expect to pay less for workers’ compensation insurance coverage next year, continuing a trend that has been ongoing for several years. Insurance Commissioner Stephen W. Robertson has approved an average 7.6 percent reduction f...
Fri, 19 Oct 2018 16:24:29 +0000
Cook County’s board of commissioners have voted for a nearly $4 million settlement of a malpractice lawsuit filed after an alleged botched heart surgery at Chicago’s Stroger Hospital. Lawyers for Jaime Flores alleged Stroger physicians made a “very unf...
Fri, 19 Oct 2018 16:23:04 +0000
Flood specialist JBA Risk Management has rolled out its high-resolution flood maps and associated pricing data for the continental United States starting with the State of Florida. These new maps are designed to enable (re)insurers and others with an i...
Fri, 19 Oct 2018 16:12:27 +0000
Nikolaus von Bomhard, who retired as CEO of Munich Re in April 2017, is likely to return to the German reinsurer as chairman of the supervisory board. This week, Munich Re’s nomination committee recommended to the full supervisory board that …
Fri, 19 Oct 2018 15:43:28 +0000
Arch Insurance announced that Matt Shulman will assume the newly created role of CEO, Arch Insurance North America, effective January 1, 2019. In this role, he will lead Arch Insurance’s operations in the United States and Canada. He will report …