News Archives - Insurance Journal

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1 07, 2022

Regulators: Amtrak Train Was Below Speed Limit Before Fatal Crash

By | July 1st, 2022|Uncategorized|Comments Off on Regulators: Amtrak Train Was Below Speed Limit Before Fatal Crash

An Amtrak passenger train was going about 87 mph (140 kph) when it collided with a dump truck at a rural Missouri railway crossing, killing four people, an official with the National Transportation Safety Board said Wednesday. The speed limit …

1 07, 2022

Vertafore Acquires MGA Systems

By | July 1st, 2022|Uncategorized|Comments Off on Vertafore Acquires MGA Systems

Insurance technology vendor Vertafore reports that it has acquired MGA Systems, a provider of software for managing general agencies based in Melville, New York. Vertafore said the acquisition gives its customers access to policy administration and rating programs that will …

1 07, 2022

Ohio Vehicle Parts Manufacturer Faces $315,000 in Fines

By | July 1st, 2022|Uncategorized|Comments Off on Ohio Vehicle Parts Manufacturer Faces $315,000 in Fines

An Ohio aluminum vehicle parts manufacturer cited for safety and health violations after a worker in Ravenna suffered fatal injuries in March 2021, continues to put workers at risk. The U.S. Department of Labor’s Occupational Safety and Health Administration found …

1 07, 2022

Regulator Bars Texas Plant Restart Over Safety Concerns

By | July 1st, 2022|Uncategorized|Comments Off on Regulator Bars Texas Plant Restart Over Safety Concerns

The second-biggest U.S. liquefied natural gas export facility hit by fire earlier this month will not be allowed to repair or restart operations until it addresses risks to public safety, a pipeline regulator said on Thursday. The June 8 blast …

1 07, 2022

2 Workers Presumed Dead in Texas Trench Collapse

By | July 1st, 2022|Uncategorized|Comments Off on 2 Workers Presumed Dead in Texas Trench Collapse

Two workers were presumed dead after a trench they were digging for a sewer line in Texas on Tuesday collapsed and buried them, officials said. The workers were digging a 24-foot-deep (7-meter-deep) in new subdivision under development in Jarrell, about …

1 07, 2022

New Alabama, Georgia Laws Taking Effect Today Indirectly Affect Insurance

By | July 1st, 2022|Uncategorized|Comments Off on New Alabama, Georgia Laws Taking Effect Today Indirectly Affect Insurance

Several Alabama and Georgia laws that could indirectly affect property, liability and workers’ compensation insurance take effect today, July 1. Alabama House Bill 108 requires the state Elevator Safety Review Board to review, within 12 months of their publication, new …

1 07, 2022

Agents: Fourth of July Brings Risks & Claims

By | July 1st, 2022|Uncategorized|Comments Off on Agents: Fourth of July Brings Risks & Claims

It has been a few years. Policyholders may have forgotten about that last barbeque mishap in their backyard. Maybe the memory has gotten hazy about that one time their college roommate drove home when they should not have. Perhaps their …

1 07, 2022

People Moves: Verisk Promotes Rayner to President of Specialty Business Solutions; Munich Re Appoints 2 Senior Leaders for Singapore and SE Asia

By | July 1st, 2022|Uncategorized|Comments Off on People Moves: Verisk Promotes Rayner to President of Specialty Business Solutions; Munich Re Appoints 2 Senior Leaders for Singapore and SE Asia

This edition of International People Moves details appointments at Verisk and Munich Re. A summary of these new hires follows here. Verisk Promotes Rayner to President of Specialty Business Solutions Verisk, the global data analytics provider, announced that Tim Rayner …

28 06, 2022

At Least 20 Injured When Commuter Bus Overturns in California

By | June 28th, 2022|Uncategorized|Comments Off on At Least 20 Injured When Commuter Bus Overturns in California

A commuter bus crash clipped a parked truck and flipped onto its side Monday morning near Los Angeles International Airport, injuring at least 20 people, three of them critically, authorities said. The Los Angeles Department of Transportation bus clipped a …

28 06, 2022

Is Hyperbaric Therapy a Fire Risk? North Carolina Authorities Say It Is

By | June 28th, 2022|Uncategorized|Comments Off on Is Hyperbaric Therapy a Fire Risk? North Carolina Authorities Say It Is

The Raleigh, North Carolina, Fire Department has ordered a wellness company to stop offering an oxygen-rich hyperbaric therapy treatment because of the fire risk. Officials with Restore Hyper Wellness tell the Raleigh News and Observer they are working with city …