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22 04, 2021

AXA XL Partners with SpaceAble to Support Operators with Satellites in Low Earth Orbit

By | April 22nd, 2021|Uncategorized|Comments Off on AXA XL Partners with SpaceAble to Support Operators with Satellites in Low Earth Orbit

AXA XL Insurance announced it has established a global partnership with SpaceAble, a start-up specializing in space situational awareness (SSA), to better support satellite operators and organizations operating in space. Based in France and a leading European SSA service provider, …

23 04, 2021

Cal/OSHA Cites Company $108K in Fatal Pressure Vessel Incident

By | April 23rd, 2021|Uncategorized|Comments Off on Cal/OSHA Cites Company $108K in Fatal Pressure Vessel Incident

Cal/OSHA has cited Sierra Pacific Industries $108,300 for workplace safety and health violations after one of its employees was fatally injured when a pipeline on an air compressor exploded. On September 17, an employee working for Sierra Pacific Industries in …

23 04, 2021

Concerns Raised over Possible Flooding in Western Alaska

By | April 23rd, 2021|Uncategorized|Comments Off on Concerns Raised over Possible Flooding in Western Alaska

A heavy winter snowpack along the Kuskokwim River could make flooding likely this year in western Alaska, a federal weather official said. “I’m especially concerned about the lower villages” along the Johnson River, a tributary of the Kuskokwim, National Weather …

22 04, 2021

Massachusetts Eye and Ear to Pay $2.6M to Resolve False Claims Act Allegations

By | April 22nd, 2021|Uncategorized|Comments Off on Massachusetts Eye and Ear to Pay $2.6M to Resolve False Claims Act Allegations

Massachusetts Eye and Ear Infirmary, Massachusetts Eye and Ear Associates Inc. and the Foundation of the Massachusetts Eye and Ear Infirmary Inc., collectively referred to as Massachusetts Eye and Ear, have agreed to pay $2.678 million to resolve allegations that …

22 04, 2021

New York Contractor to Pay $135K in Penalties After Trench Collapse

By | April 22nd, 2021|Uncategorized|Comments Off on New York Contractor to Pay $135K in Penalties After Trench Collapse

A Long Island, New York, superstructure, foundation and concrete company will pay $135,612 in penalties stemming from the collapse of an approximately 30-foot deep trench in Oyster Bay that led to the deaths of two workers. Following a January 2020 …

22 04, 2021

Fire Erupts at Maryland Domino Sugar Plant, No Injuries Reported

By | April 22nd, 2021|Uncategorized|Comments Off on Fire Erupts at Maryland Domino Sugar Plant, No Injuries Reported

A fire at the Domino Sugar plant sent white smoke billowing over the Inner Harbor in Baltimore, Maryland, last Tuesday, but no injuries were immediately reported, a fire department spokeswoman said. A conveyer belt apparently carried a burning substance from …

21 04, 2021

Businesses Turned to Risk Management Technology More During Pandemic

By | April 21st, 2021|Uncategorized|Comments Off on Businesses Turned to Risk Management Technology More During Pandemic

Driven by the COVID-19 pandemic, businesses and public entities increased their reliance on risk management technologies, as vendors expanded their offerings to meet their needs. A survey of 1,100 risk professionals found that 38 percent of the respondents increased their …

23 04, 2021

W.R. Berkley Reports Gains for Q1

By | April 23rd, 2021|Uncategorized|Comments Off on W.R. Berkley Reports Gains for Q1

W.R. Berkley Corp. reported record quarterly underwriting income, double-digit premium growth and healthy rate increases in the first quarter. The commercial lines insurer and reinsurer also saw its net income soar to $229.5 million, or $1.23 per diluted share, compared …

21 04, 2021

P/C Insurers Returned $13B in Premiums Due to COVID-19 Reduced Exposures

By | April 21st, 2021|Uncategorized|Comments Off on P/C Insurers Returned $13B in Premiums Due to COVID-19 Reduced Exposures

U.S. property/casualty insurers returned nearly $13 billion in premiums to policyholders in 2020 to reflect reduced exposures from the COVID-19 pandemic. Auto insurers returned premium in the greatest numbers, though general liability, workers’ compensation, event cancellation and inland marine sectors …

21 04, 2021

California Transit Agency Settles Death Lawsuit for $5.5M

By | April 21st, 2021|Uncategorized|Comments Off on California Transit Agency Settles Death Lawsuit for $5.5M

San Diego County’s transportation agency has apologized and agreed to pay $5.5 million to the mother of a mentally ill man who died after a security officer kept a knee on his neck for several minutes. It was announced this …