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4 12, 2019

Supreme Court Justices Question Landowners’ Claims in Montana Superfund Cleanup

By | December 4th, 2019|Uncategorized|Comments Off on Supreme Court Justices Question Landowners’ Claims in Montana Superfund Cleanup

U.S. Supreme Court justices on Tuesday appeared inclined to shield a unit of British oil major BP Plc from claims seeking a more extensive cleanup of a Superfund hazardous waste site in Montana than what federal environmental officials had ordered. …

8 11, 2019

Why James River Insurance Dumped Uber Account

By | November 8th, 2019|Uncategorized|Comments Off on Why James River Insurance Dumped Uber Account

A Bermuda-based insurer that recently severed ties with an Uber Technologies Inc. affiliate said on Thursday the risk of providing driver ride-hailing coverage had become too great and that it had mispriced policies during its initial years on the account. …

5 12, 2019

Railcar Service Company Faces $551K in Penalties After Worker Death in Pennsylvania

By | December 5th, 2019|Uncategorized|Comments Off on Railcar Service Company Faces $551K in Penalties After Worker Death in Pennsylvania

The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited Dana Railcare, based in Wilmington, Del., for confined space hazards after an employee fatality in Pittston, Penn. The railcar service provider faces $551,226 in proposed penalties. An …

8 11, 2019

Why James River Insurance Dumped Uber Account

By | November 8th, 2019|Uncategorized|Comments Off on Why James River Insurance Dumped Uber Account

A Bermuda-based insurer that recently severed ties with an Uber Technologies Inc. affiliate said on Thursday the risk of providing driver ride-hailing coverage had become too great and that it had mispriced policies during its initial years on the account. …

4 12, 2019

Maine Municipal Employee Hit and Killed by City Truck He Was Using

By | December 4th, 2019|Uncategorized|Comments Off on Maine Municipal Employee Hit and Killed by City Truck He Was Using

Maine police say a city employee was struck and killed by the bucket truck he had been driving while he and another worker were hanging Christmas wreaths. The Portland Press Herald reports the two workers were hanging wreaths on light …

8 11, 2019

Why James River Insurance Dumped Uber Account

By | November 8th, 2019|Uncategorized|Comments Off on Why James River Insurance Dumped Uber Account

A Bermuda-based insurer that recently severed ties with an Uber Technologies Inc. affiliate said on Thursday the risk of providing driver ride-hailing coverage had become too great and that it had mispriced policies during its initial years on the account. …

5 12, 2019

Fitch Sees Strong Revenue Growth for U.S. Public Insurance Brokers in 2020

By | December 5th, 2019|Uncategorized|Comments Off on Fitch Sees Strong Revenue Growth for U.S. Public Insurance Brokers in 2020

Publicly traded U.S. insurance brokers are expected to produce strong revenue growth for 2020 given near peak level organic growth and favorable U.S. commercial lines insurance pricing trends. Further, margins remain consistent with investment-grade ratings and are expected to be …

8 11, 2019

Companies That Are Open About Cyber Risks Fare Better With Investors

By | November 8th, 2019|Uncategorized|Comments Off on Companies That Are Open About Cyber Risks Fare Better With Investors

Research finds that when one company experiences a cybersecurity breach, other companies in the same field also become less attractive to investors. However, companies that are open about their cybersecurity risk management fare significantly better than peers that don’t disclose …

4 12, 2019

Verisk Signs Agreement to Acquire New Jersey’s FAST

By | December 4th, 2019|Uncategorized|Comments Off on Verisk Signs Agreement to Acquire New Jersey’s FAST

Verisk, a Jersey City, N.J.-headquartered data analytics provider, has signed a definitive agreement to acquire FAST, a privately held software company for the life insurance and annuity industry based in Iselin, N.J. FAST offers a flexible policy administration system that …

8 11, 2019

Companies That Are Open About Cyber Risks Fare Better With Investors

By | November 8th, 2019|Uncategorized|Comments Off on Companies That Are Open About Cyber Risks Fare Better With Investors

Research finds that when one company experiences a cybersecurity breach, other companies in the same field also become less attractive to investors. However, companies that are open about their cybersecurity risk management fare significantly better than peers that don’t disclose …