News Archives - Insurance Journal

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27 02, 2023

People Moves: Robinson Named CEO of Optio; Bogardus Becomes Chief Executive of Everest Re Singapore; Pen Underwriting Promotes Simmonds in Public Sector Division

By | February 27th, 2023|Uncategorized|Comments Off on People Moves: Robinson Named CEO of Optio; Bogardus Becomes Chief Executive of Everest Re Singapore; Pen Underwriting Promotes Simmonds in Public Sector Division

This edition of International People Moves details appointments at Optio Group, Everest Re, and the MGA Pen Underwriting. A summary of these new hires follows here. Robinson Named CEO of Optio Group Optio Group, the London-based specialty MGA, announced the …

27 02, 2023

Cause of Huge Indiana Warehouse Fire Listed

By | February 27th, 2023|Uncategorized|Comments Off on Cause of Huge Indiana Warehouse Fire Listed

EVANSVILLE, Ind. (AP) – An October fire that left an Evansville warehouse and neighboring buildings in ruins began on the third floor of the warehouse after someone started it to keep warm, firefighters said. The fire began around 4:40 a.m. …

27 02, 2023

Russian Oil Is Being Stored in Ghana as Pool of Buyers Shrinks

By | February 27th, 2023|Uncategorized|Comments Off on Russian Oil Is Being Stored in Ghana as Pool of Buyers Shrinks

A cargo of Russian oil is heading for storage tanks in Ghana, a nation that exports crude itself and is on the doorstep of two regional supply powerhouses. The development suggests that traders could be scouring the market for new …

27 02, 2023

U.S. Supreme Court to Hear Fight Over Consumer Watchdog Agency’s Funding

By | February 27th, 2023|Uncategorized|Comments Off on U.S. Supreme Court to Hear Fight Over Consumer Watchdog Agency’s Funding

The U.S. Supreme Court on Monday agreed to decide whether the Consumer Financial Protection Bureau’s funding structure established by Congress violates the U.S. Constitution in a case that President Joe Biden’s administration has said threatens the agency’s ability to function …

27 02, 2023

World Insurance Acquires Durfee Buffinton in Massachusetts

By | February 27th, 2023|Uncategorized|Comments Off on World Insurance Acquires Durfee Buffinton in Massachusetts

National insurance broker World Insurance Associates reports it acquired the business of Durfee Buffinton Insurance Agency, Inc. of Fall River, Massachusetts. Terms of the December 31, 2022 transaction were not disclosed. Durfee Buffinton provides personal and business insurance in the …

27 02, 2023

Texas High Plains Blanketed by Dust Storms

By | February 27th, 2023|Uncategorized|Comments Off on Texas High Plains Blanketed by Dust Storms

LUBBOCK — The Texas High Plains is a vast swath of oil-rich soil and farm and ranch land as far as the eye can see — only the peaks of Caprock Canyon break up the endless miles of plains in …

28 02, 2023

Appeals Board in California Defines How Close Water Must be for Workers

By | February 28th, 2023|Uncategorized|Comments Off on Appeals Board in California Defines How Close Water Must be for Workers

The California Department of Industrial Relations’ Occupational Safety and Health Appeals Board issued a precedential decision related to the provision of water at outdoor worksites, which required water must be as close as practicable to the areas where employees are …

28 02, 2023

Research Shows Low-Volume/High-Cost Meds in California Workers’ Comp

By | February 28th, 2023|Uncategorized|Comments Off on Research Shows Low-Volume/High-Cost Meds in California Workers’ Comp

New research on low-volume/high-cost drugs used to treat injured workers in California spotlights a handful of anti-inflammatory and anticonvulsant medications that have become significant cost drivers despite accounting for a relatively small share of the prescriptions within their therapeutic drug …

28 02, 2023

Maryland Among States Mulling Ending Child Sexual Abuse Lawsuit Time Limits

By | February 28th, 2023|Uncategorized|Comments Off on Maryland Among States Mulling Ending Child Sexual Abuse Lawsuit Time Limits

Adults who testified they were sexually abused as children urged Maryland lawmakers last week to end the state’s statute of limitations for when civil lawsuits can be filed against institutions related to child sexual abuse. Dr. Frank Schindler, who testified …

28 02, 2023

Baddour Reappointed to NC Industrial Commission; Clement Named President of Alabama Agency

By | February 28th, 2023|Uncategorized|Comments Off on Baddour Reappointed to NC Industrial Commission; Clement Named President of Alabama Agency

North Carolina Gov. Roy Cooper has appointed Philip Baddour to a second six-year term as a full commissioner at the North Carolina Industrial Commission, which handles workers’ compensation claims disputes. If approved by the state General Assembly, his new term …