Uncategorized

/Uncategorized
1 03, 2023

Dam Owner Fined $1M in Field Turf Pollution of Washington River

By | March 1st, 2023|Uncategorized|Comments Off on Dam Owner Fined $1M in Field Turf Pollution of Washington River

A company that operates a century-old hydroelectric dam near Mount Rainier National Park and its chief operating officer each pleaded guilty to a single criminal count Monday in connection with a spill of synthetic field turf and the tiny rubber …

1 03, 2023

State Farm P/C Businesses Report $13B Underwriting Loss

By | March 1st, 2023|Uncategorized|Comments Off on State Farm P/C Businesses Report $13B Underwriting Loss

Late last year, State Farm’s chief executive broke the news that the auto giant would record the largest underwriting loss in its 100-year history for 2022. On Monday, the news became official with a huge number attached: $13 billion. “We …

1 03, 2023

Nevada Board Voting on $330M in Additional Tesla Tax Breaks

By | March 1st, 2023|Uncategorized|Comments Off on Nevada Board Voting on $330M in Additional Tesla Tax Breaks

Tesla may receive over $300 million in tax abatements over the next two decades for a massive new expansion of its northern Nevada facility, the product of a 2014 deal for when the company first came to the area on …

1 03, 2023

Drivers Killed One Pedestrian Every 75 Minutes in H1 2022

By | March 1st, 2023|Uncategorized|Comments Off on Drivers Killed One Pedestrian Every 75 Minutes in H1 2022

Drivers in the United States struck and killed 3,434 people in the first half of 2022 – up 5%, or 168 more deaths, from the same period the year before, according to a new analysis from the Governors Highway Safety …

1 03, 2023

Cyberattack on Boston Labor Union Results in $6.4M Loss

By | March 1st, 2023|Uncategorized|Comments Off on Cyberattack on Boston Labor Union Results in $6.4M Loss

A cyberattack on a Boston-based labor union’s health fund resulted in the loss of $6.4 million, but it does not appear that the personal information of members was stolen or compromised, union officials said. Federal and local law enforcement agencies …

1 03, 2023

Insurers to Pay Bangladesh Shipping Corp. $22.48M for Vessel Hit by Missile in Ukraine

By | March 1st, 2023|Uncategorized|Comments Off on Insurers to Pay Bangladesh Shipping Corp. $22.48M for Vessel Hit by Missile in Ukraine

Insurers are about to pay state-owned Bangladesh Shipping Corp. (BSC) $22.48 million for its vessel that was hit by a missile during fighting in Ukraine, two officials involved said on Tuesday. The expected settlement is one of the first shipping …

28 02, 2023

Study Says Back-to-Back Hurricanes Likely to Come More Often

By | February 28th, 2023|Uncategorized|Comments Off on Study Says Back-to-Back Hurricanes Likely to Come More Often

What used to be a rare one-two punch of consecutive hurricanes hitting about the same place in the United States weeks apart seems to be happening more often, and a new study says climate change will make back-to-back storms more …

28 02, 2023

People Moves: Travis joins Brotherhood Mutual Insurance Company as Senior Vice President

By | February 28th, 2023|Uncategorized|Comments Off on People Moves: Travis joins Brotherhood Mutual Insurance Company as Senior Vice President

Travis joins Brotherhood Mutual Insurance Company as Senior Vice President Brotherhood Mutual Insurance Company, based in Fort Wayne, Indiana, has named Abel Travis its new senior vice president, affiliate operations. Travis will lead agency enterprises, American Church Group, LLC, and …

28 02, 2023

Global Insurance M&A Hits 10-Year High, Despite Slowdown in H2 2022

By | February 28th, 2023|Uncategorized|Comments Off on Global Insurance M&A Hits 10-Year High, Despite Slowdown in H2 2022

The insurance sector saw 449 completed mergers and acquisitions (M&A) worldwide during 2022, up from 418 the previous year – the highest for a decade, according to law firm Clyde & Co’s insurance growth report. However, there was a marked …

28 02, 2023

Walmart Loses Challenge to OSHA Finding in Injury at New York Warehouse

By | February 28th, 2023|Uncategorized|Comments Off on Walmart Loses Challenge to OSHA Finding in Injury at New York Warehouse

Walmart Inc. violated federal workplace safety standards at its warehouse in Johnstown, New York, when it failed to prevent stored merchandise from falling onto – and seriously injuring – an employee in 2017, a federal panel has affirmed. The Feb. …