October 23, 2018

Tue, 23 Oct 2018 16:39:43 +0000
A U.S. District Court has entered judgment against a New Orleans-based towing company for failing to respond to a lawsuit filed by the Equal Employment Opportunity Commission (EEOC) for breaching an EEOC mediation agreement of a pregnancy discriminatio...
Tue, 23 Oct 2018 16:22:20 +0000
Schaumburg, Illinois-based Zurich North America has entered into an agreement with program administrator Allied Public Risk LLC to provide a full range of insurance coverage to select cities, towns, boroughs, counties and special service districts with...
Tue, 23 Oct 2018 16:21:20 +0000
The National Safety Council on Monday made Houston the sixth stop on a nationwide tour of its exhibit, Prescribed to Death: A Memorial to the Victims of the Opioid Crisis, by unveiling the display inside the George R. Brown Convention …
Tue, 23 Oct 2018 16:19:57 +0000
Appalachian Underwriters Inc. has named Nick Schnarre as external marketing representative for Illinois, Indiana and Missouri agents. He will be working remotely in the St. Louis, Missouri, area, helping agents in those states listed find the best mark...
Tue, 23 Oct 2018 16:18:12 +0000
Gage County’s insurance policies from a Nebraska risk-sharing pool of companies don’t cover $28.1 million that a jury awarded to six people who were wrongfully convicted in the 1985 rape and killing of a woman, a judge ruled. Judge Jodi …
Tue, 23 Oct 2018 16:09:14 +0000
A food distributor with warehouses in Cleveland, Ohio, and Detroit, Michigan, will pay $3.6 million to settle a class sex discrimination lawsuit filed by the filed by the U.S. Equal Employment Opportunity Commission (EEOC). The EEOC alleged that Sherwo...
Tue, 23 Oct 2018 15:01:47 +0000
A Grant County, Wash. vegetable-packing house will pay $525,000 to settle a lawsuit alleging a supervisor groped, propositioned and retaliated against female workers. The Seattle Times reports State Attorney General Bob Ferguson says the settlement ann...
Tue, 23 Oct 2018 14:59:58 +0000
A survey of Big Island farmers has found that they suffered nearly $28 million in damages because of the months-long eruption earlier this year of the Kilauea volcano, the Hawaii Tribune Herald reported. The survey of 46 farmers by University …
Tue, 23 Oct 2018 14:02:17 +0000
Workers’ compensation insurance rates will decrease for the second year in a row in Delaware, effective December 1, 2018. “I am delighted to approve yet another decrease in workers’ compensation rates in Delaware and even happier to see a double-digit …
Tue, 23 Oct 2018 13:59:19 +0000
Wells Fargo & Co. will pay a $65 million penalty to New York state related to its cross-selling practices. The bank failed to disclose to investors that the success of its cross-selling – the pitching of additional financial products to …
Tue, 23 Oct 2018 13:52:09 +0000
The superintendent of a new captive insurance company charged with distributing millions of dollars to Connecticut homeowners with crumbling foundations is warning he doesn’t have nearly enough money to address the problem. Michael Maglaras said he hop...
Tue, 23 Oct 2018 13:16:16 +0000
CoreLogic, the Irvine, Calif.-based property data and analytics firm, has agreed to acquire the outstanding shares of Symbililty Solutions Inc. not already owned by CoreLogic. CoreLogic currently holds approximately a 28 percent ownership interest in S...
Tue, 23 Oct 2018 13:14:06 +0000
Businesses and homeowners in Lancaster, York and surrounding Pennsylvania counties affected by flooding in August will be eligible for low-interest federal loans. Pennsylvania Governor Tom Wolf said Friday those areas have been approved for disaster re...
Tue, 23 Oct 2018 12:47:18 +0000
ACR Capital Holdings Pte shareholders are considering reviving a sale of the Singapore reinsurer, less than a year after a deal with Chinese buyers fell apart, people familiar with the matter said. The company’s owners, which include Temasek Holdings P...
Tue, 23 Oct 2018 12:28:02 +0000
U.S. hog farmers are ramping up safety procedures and leaving animal-feed ingredients imported from China in storage in an attempt to keep out a highly contagious swine disease that is sweeping through Asia and Europe. U.S. government officials said in …
Tue, 23 Oct 2018 12:22:47 +0000
Hurricane Willa, an extremely dangerous a Category 4 storm, weakened slightly as it veered toward popular tourist resorts on Mexico’s Pacific coast on Monday, prompting government warnings for people to leave high-risk areas and take cover. Mexican aut...
Tue, 23 Oct 2018 12:17:51 +0000
The National Highway Traffic Safety Administration on Monday said it had ordered Transdev North America to immediately stop transporting school children in Florida in a driverless shuttle, as the testing could be putting them at “inappropriate” risk. T...
Tue, 23 Oct 2018 07:54:52 +0000
Generali has entered into an agreement with the German Group Union Asset Management Holding AG to acquire a 100 percent stake in the Polish asset management company Union Investment TFI S.A. Financial details of the acquisition were not revealed. The …
Tue, 23 Oct 2018 07:37:50 +0000
Major economies should launch coordinated regulation of cryptocurrencies, the head of Goldman Sachs-backed startup Circle said on Monday, underscoring growing industry support for international rules on digital money. “Ultimately there needs to be norm...
Tue, 23 Oct 2018 06:42:36 +0000
The floor of a condominium clubhouse near Clemson University collapsed during a large private party early Sunday, hurtling dozens of people into the basement, authorities said. About 30 people were taken to local hospitals after the center of the floor …
Tue, 23 Oct 2018 05:00:55 +0000
Honeywell International Inc. said on Friday the U.S. Securities and Exchange Commission had opened an investigation into its accounting for asbestos-related liabilities. The industrial conglomerate’s revised estimate for asbestos-related liabilities wa...
Tue, 23 Oct 2018 05:00:38 +0000
Data analytics firm Verisk is touting the launch of WaterLine, an underwriting tool that scores flood risk for all properties in the contiguous United States, helping identify homes and businesses vulnerable to flood. The product scores properties on a...
Tue, 23 Oct 2018 05:00:21 +0000
A.M. Best Company has upgraded the Financial Strength Rating of San Diego, Calif.-based ICW Group Insurance Cos. to “A” (Excellent) from a “Stable” outlook. A.M. Best said its ratings reflect the company’s balance sheet strength as well as its solid …
Tue, 23 Oct 2018 05:00:07 +0000
Bayer AG failed to persuade a California state judge to set aside a jury’s verdict in the first trial over allegations that its Roundup weed killer causes cancer, but the judge said damages should be slashed to $78.6 million from …
Tue, 23 Oct 2018 04:22:29 +0000
Jurors have awarded $25 million to the parents of a University of Florida student who was run over and killed by a garbage truck near campus. The Gainesville Sun reports that an Alachua County jury awarded $12.5 million each on …
Tue, 23 Oct 2018 04:06:07 +0000
The Georgia Department of Insurance has estimated insured property losses from Hurricane Michael will reach $250 million, according to a statement Georgia Insurance Commissioner Ralph Hudgens. In figures released Oct. 18, GADOI said more than 35,000 pr...
Mon, 22 Oct 2018 20:05:30 +0000
Surgeons at an Ohio hospital have developed a treatment protocol that they say sends people home after operations without any opioids to manage their pain, leading to shorter hospital stays. “Over 75 percent of our elective colorectal patients underwen...
Mon, 22 Oct 2018 19:09:54 +0000
Californians accounted for 11.9 percent of all jobs covered by workers’ compensation in the U.S. in 2016, 13.9 percent of covered payroll and 19.6 percent of all cash and medical benefits paid for work injuries and illnesses, according to the …
Mon, 22 Oct 2018 18:15:58 +0000
Robertson Ryan & Associates Inc. has added First Dependable Insurance in Las Vegas, Nev. with the addition of Tom and Vicky Raasch. Tom and Vicky Raasch own First Dependable Insurance. Tom Raasch focuses on commercial insurance programs for business, b...
Mon, 22 Oct 2018 18:00:52 +0000
Automated customer service is a fact of life. In fact, many people are more comfortable sharing personal details with a machine than with a human. But automation must appreciate that not every customer is a 40 year-old college graduate, with …