July 17, 2018

Tue, 17 Jul 2018 18:32:33 +0000
An Edmonds, Wash.-based asbestos removal contractor has been cited by the Washington Department of Labor & Industries for multiple willful safety violations for improper handling of asbestos. Along with the citations, the company faces fines totaling $...
Tue, 17 Jul 2018 18:26:56 +0000
The U.S. Equal Employment Opportunity Commission has settled a disability discrimination lawsuit in California against a global metal goods manufacturer Mueller Industries Inc. for $1 million and other injunctive relief. According to the EEOC, Memphis,...
Tue, 17 Jul 2018 18:18:54 +0000
A city in central Oklahoma is spending millions of dollars preparing for self-driving cars while working to alleviate traffic problems. Edmond Traffic Engineer Tom Minnick told The Oklahoman that the city is laying down infrastructure for autonomous ve...
Tue, 17 Jul 2018 16:46:22 +0000
The third insured loss estimate for extratropical Cyclone Friederike, also known as “David,” has risen to €1.675 billion ($2.0 billion), according to PERILS, the independent Zurich-based organisation that provides industry-wide catastrophe insurance ...
Tue, 17 Jul 2018 16:13:20 +0000
QBE North America has formed a partnership with AmWINS Program Underwriters (APU) to offer errors and omissions coverage for architects, engineers and design (A&E) businesses. The launch is part of QBE’s initiative to expand its specialized portfolio. ...
Tue, 17 Jul 2018 15:56:11 +0000
For the second time in about a week, a federal appeals court has sided with a commercial policyholder where the insurer denied coverage under a computer fraud provision of a crime insurance policy for a money transfer involving fraudulent emails. …
Tue, 17 Jul 2018 15:07:47 +0000
Baylor University has settled a federal Title IX lawsuit brought by a former volleyball player who alleged that she was drugged and gang raped by at least four football players in 2012. Terms of last week’s settlement with the woman, …
Tue, 17 Jul 2018 15:05:05 +0000
The federal worker safety agency is investigating the death of a man in southwest Ohio who was electrocuted when a crane touched a power line at a home under construction. WLWT-TV reports the accident occurred last week in Butler County’s …
Tue, 17 Jul 2018 14:39:22 +0000
A crash involving a commercial passenger bus and three other vehicles on a New Mexico highway early Sunday killed three people and injured 24 others, some critically, authorities said. One of the people killed was in a car that struck …
Tue, 17 Jul 2018 14:35:12 +0000
The boards of directors for the Sacramento, Calif.-based Dentists Insurance Co., Northwest Dentists Insurance Co. and Dentists Benefits Insurance Co. have named Bob Spinelli president and CEO. In addition to leading all operations at TDIC, DBIC and NOR...
Tue, 17 Jul 2018 14:22:24 +0000
RMS, the Newark, Calif.-based risk modeling and analytics firm, announced it has strengthened the Asia Pacific capabilities of its Version 18 catastrophe risk management software. The Asia Pacific model suit is being expanded to include new peril model...
Tue, 17 Jul 2018 13:29:10 +0000
The Business Council of New York State Inc. has touted the newly approved 11.7 percent reduction in loss cost rates, which are the basis for setting workers’ compensation premiums for 2019, as being significant toward workers’ compensation savings for ...
Tue, 17 Jul 2018 13:24:33 +0000
Chubb has appointed Megan Watt, as executive vice president, head of North America Claims. In this role, she will lead all aspects of Chubb North America claims management, service and administration for the commercial and personal insurance businesses...
Tue, 17 Jul 2018 13:19:56 +0000
Keefe, Bruyette & Woods Inc. (KBW), a full-service, boutique investment bank and broker-dealer that specializes in the financial services sector and a wholly owned subsidiary of Stifel Financial Corp., has hired Rajib Sarkar as managing director in its...
Tue, 17 Jul 2018 13:14:05 +0000
Brett Kavanaugh could add a powerful new voice on the Supreme Court to restrain what government agencies can do, ushering in a new era of tougher scrutiny of federal regulations loathed by businesses. In a dozen years on the U.S. …
Tue, 17 Jul 2018 12:59:45 +0000
CMIC, a Glastonbury, Conn.-based, member-owned medical professional liability insurance company, has hired Garrett P. Cronin to the CMIC Group team as the director of underwriting. Prior to joining CMIC, Cronin worked for Chubb Corporation as a nationa...
Tue, 17 Jul 2018 12:53:20 +0000
Auto insurance should continue to be the primary compensation model for accident victims as the driving population transitions to and then fully adopts autonomous vehicles, according to the insurer that issued the nation’s first auto liability policy i...
Tue, 17 Jul 2018 12:22:59 +0000
Munich Re’s Chief Financial Officer Jörg Schneider, who turns 60 this year, will retire from the Munich Re board of management at his own request on Dec. 31, 2018. The Supervisory Board of Munich Re has appointed Christoph Jurecka as …
Tue, 17 Jul 2018 10:11:00 +0000
While there’s a bright future for managing general agents that “get it right,” Grahame Chilton, CEO of Gallagher UK, warns against tolerating the few rogue MGAs who could ruin the reputation of the entire sector. Chilton, who will be stepping …
Tue, 17 Jul 2018 05:02:06 +0000
The Tennessee Department of Health says its investigation continues into gastrointestinal illness that affected more than 500 people who visited a zipline attraction. Officials have said E. coli bacteria caused the sickness, but the Health Department s...
Tue, 17 Jul 2018 05:00:55 +0000
It might be the definitive sign that cryptocurrencies have arrived on Wall Street. CFA Institute, whose grueling three-level program has helped train more than 150,000 financial professionals, is adding topics on cryptocurrencies and blockchain to its ...
Tue, 17 Jul 2018 05:00:39 +0000
People who tried to order medicine online or over the phone have received fake U.S. Food and Drug Administration warning letters instead of the products they bought, in what appears to be an international extortion scam, the agency said on …
Tue, 17 Jul 2018 04:46:16 +0000
Georgia joins Alabama and three other states in a week-long speed enforcement operation beginning Monday. “Operation Southern Shield” will run through Sunday, July 22. Law enforcement in Georgia and Alabama will join Florida, Tennessee and South Caroli...
Tue, 17 Jul 2018 04:04:19 +0000
J.M. Wilson has added Cassandra Silverman as assistant transportation underwriter to its North Charleston, S.C., office. Silverman is responsible for quoting new and renewal business, corresponding with carrier underwriters, and assisting independent a...
Mon, 16 Jul 2018 21:19:03 +0000
Arthur J. Gallagher & Co. has acquired North Barrington, Ill.-based The Jack Nebel Companies Inc. Terms of the deal were not disclosed. Jack Nebel, Brian Nebel and their associates will continue to operate from their current location under the direction …
Mon, 16 Jul 2018 20:55:15 +0000
An insurtech startup says it will disrupt California’s workers’ compensation system with “technology-enabled triage and care coordination” for California Farm Management. ChronWell, a mobile platform for the workers’ comp industry, announced on Monday ...
Mon, 16 Jul 2018 19:39:21 +0000
J.M. Wilson has named Steve Francis as assistant transportation underwriter in the Arlington Heights, Ill. office. The firm has also named Ryan Gibbons a transportation underwriter in the Westerville, Ohio office, and Sarah Hassan as agency information...
Mon, 16 Jul 2018 19:24:04 +0000
Congressman Cedric Richmond says New Orleans can keep $2 billion in Federal Emergency Management Agency grants approved to fix sewers and water pipes damaged by Hurricane Katrina. A Department of Homeland Security audit last July said FEMA should take ...
Mon, 16 Jul 2018 19:18:33 +0000
Napa, Calif.-based The Doctors Co. has named Kerin Torpey Bashaw senior vice president of patient safety and risk management. Bashaw reports to Bill Fleming, chief operating officer. Bashaw has more than 20 years of experience. She has held a variety …
Mon, 16 Jul 2018 19:00:04 +0000
Insurance broker Willis Towers Watson has appointed Mary Botkin, as health care industry lead in its Corporate Risk and Broking (CRB) segment. Botkin will be responsible for delivering the company’s integrated risk management strategy to its health car...