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15 02, 2023

RiverStone Completes Reinsurance-to-Close with MS Amlin, Largest in Lloyd’s History

By | February 15th, 2023|Uncategorized|Comments Off on RiverStone Completes Reinsurance-to-Close with MS Amlin, Largest in Lloyd’s History

RiverStone International, a leading acquirer and reinsurer of legacy and discontinued insurance business, has completed an agreement with MS Amlin Underwriting Ltd. to provide MS Amlin Syndicate 2001 with a reinsurance-to-close (RITC) of the 2018 and prior years of account. …

15 02, 2023

In Cyber Insurance, Experts Say Employee Curiosity Can Kill the Catastrophe

By | February 15th, 2023|Uncategorized|Comments Off on In Cyber Insurance, Experts Say Employee Curiosity Can Kill the Catastrophe

One of the most important things insurance companies and employees alike can do to achieve success is stay curious, experts said on this episode of The Insuring Cyber Podcast. “Make curiosity a sought after quality when interviewing for any position,” …

15 02, 2023

Doctor Headed to Prison After Extensive Hospice Fraud in Mississippi

By | February 15th, 2023|Uncategorized|Comments Off on Doctor Headed to Prison After Extensive Hospice Fraud in Mississippi

A Mississippi physician has been sentenced to five years in prison for healthcare fraud connected to hospice operations in the state’s impoverished Delta region. Federal prosecutors said Dr. Scott E. Nelson, 58, of Cleveland, Mississippi, was medical director for several …

15 02, 2023

BriteCo Launches Independent Agent Program

By | February 15th, 2023|Uncategorized|Comments Off on BriteCo Launches Independent Agent Program

BriteCo jewelry insurance today launched its new Agent Program, which will enable independent insurance agents in the United States to offer BriteCo jewelry insurance to their clients. Per a press release, agents in the program gain access to BriteCo’s cutting-edge …

15 02, 2023

Georgia Bill Would Bar Public Camping But Allows Designated Areas for Homeless

By | February 15th, 2023|Uncategorized|Comments Off on Georgia Bill Would Bar Public Camping But Allows Designated Areas for Homeless

Georgia cities and counties could be compelled to enforce bans on public camping or sleeping by homeless people under a bill moving forward in the state Senate. The measure would also create a structure for the state to designate camping …

15 02, 2023

OSHA Cites Tree Services Firm Over Death of 17-Year Old Worker Pulled Into Woodchipper

By | February 15th, 2023|Uncategorized|Comments Off on OSHA Cites Tree Services Firm Over Death of 17-Year Old Worker Pulled Into Woodchipper

On a Tuesday afternoon in the summer of August 2022, federal workplace safety inspectors responded to a police report that a 17-year-old worker had died after being pulled into a woodchipper at a work site near Allentown. An Occupational Safety …

15 02, 2023

J&J Must Face Baby Powder Suit by 24-Year-Old Dying of Cancer

By | February 15th, 2023|Uncategorized|Comments Off on J&J Must Face Baby Powder Suit by 24-Year-Old Dying of Cancer

Johnson & Johnson can no longer use bankruptcy to block a trial in California over claims its baby powder caused the deadly cancer of a 24-year-old man, a federal judge ruled Tuesday. The ruling is the first of its kind …

15 02, 2023

Alec Baldwin Calls Part of New Mexico Movie Set Shooting Charge Unconstitutional

By | February 15th, 2023|Uncategorized|Comments Off on Alec Baldwin Calls Part of New Mexico Movie Set Shooting Charge Unconstitutional

Alec Baldwin asked a judge in New Mexico to dismiss a five-year firearm sentencing enhancement in the charges against him, saying it is unconstitutionally based on a law passed after the shooting on the set of the film “Rust.” “The …

15 02, 2023

FAA Forms Safety Review Team After Near Miss Incidents

By | February 15th, 2023|Uncategorized|Comments Off on FAA Forms Safety Review Team After Near Miss Incidents

The acting head of the Federal Aviation Administration (FAA) is forming a team of experts to review airline safety after several recent near miss incidents raised questions about the U.S. aviation system. Acting FAA Administrator Billy Nolen in a “call …

15 02, 2023

Unfavorable Reserve Development of $330M in January: Progressive

By | February 15th, 2023|Uncategorized|Comments Off on Unfavorable Reserve Development of $330M in January: Progressive

Progressive Corp. said net income for the month of January was $449.4 million compared with $25.8 million the same month in 2022 as gains on securities were $245.6 million from a loss of $348 million in January 2022. January net …