The Professional Insurance Agents of Connecticut Inc. has elected Gerard Prast of Wallingford, Conn., as president at the association’s Annual Convention, held March 5-6 at Foxwoods Resort Casino in Mashantucket, Conn. Prast is vice president for XS Brokers, which has …
The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited CLF Construction Inc. and Toll Brothers Inc. for exposing employees to fall hazards after a CLF employee suffered fatal injuries in a fall at a worksite in …
AM Best has placed under review with negative implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of IRB Brasil Resseguros S.A. (IRB) (Brazil). The rating actions follow the resignation of IRB’s CEO …
Six global and national insurance companies have agreed to offer ‘cancel for any reason’ travel policies in New York state after Governor Andrew Cuomo on Friday confirmed 11 additional cases of COVID-19, bringing the statewide total number of cases to …
Residents of Homer, Anchorage and Eagle River reported feeling a small earthquake that hit south-central Alaska Saturday. The Alaska Earthquake Center confirmed a magnitude 3.6 earthquake hit at 7:15 a.m. in the Cook Inlet region and had a depth of …
An Alaska healthcare plan that has excluded coverage of gender-confirming surgery for transgender employees is discriminatory, a federal judge ruled. The decision came in a 2018 case filed against the state by Jennifer Fletcher, a legislative librarian who said she …
Insurance intermediary holding company Nexus Group announced that its independent broking arm, Xenia Broking Group, has entered into an agreement to acquire Howden UK Group’s trade credit broking business, based in Birmingham, Glasgow, Manchester and Cardiff. Once the transaction is …
The Canada-based owner-operator of a Denver, Colo.-area oil refinery will pay $9 million to settle air quality violations dating to 2017, state officials announced Friday. The settlement with Calgary-based Suncor Energy is the biggest leveled by the Colorado Department of …
A Bayer AG investor sued the board and other top company officials, claiming the “disastrous” 2018 acquisition of Monsanto Co. eroded the company’s share value by saddling it with potentially billions of dollars in liability from Roundup lawsuits. Bayer AG’s …
PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, disclosed its fourth and final loss estimate of €782 million (US$882.9 million) for Europe’s Extratropical Cyclone “Dragi-Eberhard.” This compares to the previous PERILS’ loss estimate issued on Sept. 9, …