Ohio employers will receive a record $5 billion in repayments from the state insurance fund for injured workers to help with the financial impact of the coronavirus pandemic, Gov. Mike DeWine and the fund’s administrator announced. The return of the …
Caroline Farberger, the chief executive of a Swedish insurance company, remembers how she conducted meetings when she was a man. “I would unthinkingly turn to my favorites in the room, the ones I knew shared my views, and suddenly we …
Specialty insurer and reinsurer Argo Group International is exiting the grocery and retail lines of business, which include providing general liability and self-insured retention risk management programs for grocery stores, convenience stores, restaurants and other retail businesses. The company said …
A fast-moving Zeta weakened to a tropical storm as it barreled northeast on Oct. 29 after ripping through Louisiana and Mississippi where storm-weary residents were advised to stay indoors overnight while officials assessed the havoc the storm had wrought. The …
More than 350,000 homes and businesses in Oklahoma were without electricity on Oct. 28 as cleanup continued from an ice storm that ravaged much of the state. By midmorning on Oct. 28, more than 356,000 homes and businesses were without …
Integrated Specialty Coverages (ISC), a program administrator developing insurance products utilizing artificial intelligence (AI) technology and analytics, has launched its Investor Property Program designed to address large complex residential property schedules. Lead by Gareth Jelley, senior vice president of the …
The race for the next North Carolina Insurance Commissioner features two familiar faces to state voters in what is a three-peat showdown featuring Republican Mike Causey and Democrat Wayne Goodwin. Causey, the incumbent, bested the two-term former commissioner Goodwin in …
An Illinois-based staffing agency will pay $25,000 to settle a federal lawsuit alleging it refused to hire qualified females as receiving associates. LTI Services LLC in Burbank, Ill., also has agreed to other conditions to settle a sex discrimination lawsuit …
A decade of low interest rates and tough underwriting conditions has led reinsurers to cautiously invest in riskier and more illiquid assets to generate additional return. The good news is that this strategy also has helped reinsurers tolerate the economic …
The Douglas School District in Box Elder, S.D., will pay a former district employee $50,000 to settle a lawsuit filed in February 2019, representatives from both sides said on Oct. 27. Patrick Ealy said he was wrongly terminated by the …