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3 11, 2022

NFP’s Alerity Acquires CIC Group in Buffalo

By | November 3rd, 2022|Uncategorized|Comments Off on NFP’s Alerity Acquires CIC Group in Buffalo

Alterity Group, a subsidiary of insurance brokerage NFP, reports it has acquired CIC Group, a Buffalo, New York-based commercial insurance agency. CIC Group principals Timothy McMullen, Gina Teresi and Chris O’Donnell will join Alterity and report to Sharla St. Rose, …

3 11, 2022

More Violations: OSHA Fines Dollar General $2.7M for Workplace Safety Problems

By | November 3rd, 2022|Uncategorized|Comments Off on More Violations: OSHA Fines Dollar General $2.7M for Workplace Safety Problems

A month after federal regulators hit Dollar General stores with $1.6 million in fines for safety violations, the retailer now faces an additional $2.7 million in penalties for similar problems in Alabama, Florida and Georgia. The U.S. Occupational Safety and …

3 11, 2022

People Moves: Kuchma CEO Hamilton Select; O’Neill AXA XL New Head of Crime & Crisis; Branch Hires First CFO

By | November 3rd, 2022|Uncategorized|Comments Off on People Moves: Kuchma CEO Hamilton Select; O’Neill AXA XL New Head of Crime & Crisis; Branch Hires First CFO

Hamilton Names Kuchma as CEO of US E&S Insurer Hamilton Select Hamilton Insurance Group announced the appointment of Anita Kuchma as chief executive officer at Hamilton Select, its U.S. excess and surplus (E&S) lines insurer. Kuchma reports to Group CEO …

3 11, 2022

Nationwide Catalytic Converter Theft Ring Taken Down in Raid

By | November 3rd, 2022|Uncategorized|Comments Off on Nationwide Catalytic Converter Theft Ring Taken Down in Raid

Twenty-one people in nine states were arrested and charged Nov. 2 with their roles in conspiracies to steal catalytic converters from vehicles across the country and sell them for profit. According to the U.S. Department of Justice, law enforcement from …

3 11, 2022

White Officer Must Pay $4.4M in Fatal Shooting of Black Driver in Ohio

By | November 3rd, 2022|Uncategorized|Comments Off on White Officer Must Pay $4.4M in Fatal Shooting of Black Driver in Ohio

EUCLID, Ohio (AP) – A white police officer who fatally shot a Black driver during a struggle inside a car in 2017 must pay his family $4.4 million. An Ohio jury made the award Tuesday, finding that Euclid officer Matthew …

3 11, 2022

FedEx Will Appeal $366 Million Jury Award in Worker’s Racial Bias Case

By | November 3rd, 2022|Uncategorized|Comments Off on FedEx Will Appeal $366 Million Jury Award in Worker’s Racial Bias Case

FedEx Corp. said it will challenge what may be the largest-ever jury verdict won by a worker suing over racial bias, $366 million awarded to a Black former saleswoman who claimed the company fired her after she complained about discrimination. …

3 11, 2022

Family of Man Killed by Detroit Police Files $50M Lawsuit

By | November 3rd, 2022|Uncategorized|Comments Off on Family of Man Killed by Detroit Police Files $50M Lawsuit

DETROIT (AP) – The family of Porter Burks, a Black man fatally shot during an early morning confrontation with Detroit police, is suing the city for $50 million, their lawyer announced Tuesday. Five unnamed officers also are named in the …

3 11, 2022

$6M Awarded in Missouri Asbestos Suit Against Ford, Others

By | November 3rd, 2022|Uncategorized|Comments Off on $6M Awarded in Missouri Asbestos Suit Against Ford, Others

ST. LOUIS (AP) – A St. Louis jury has ruled that Ford Motor Co. and other companies must pay $6 million to a Missouri family over claims that a woman’s death was caused by exposure to asbestos, including from dust …

3 11, 2022

Specialty Program Group Acquires Texas’ Catapult

By | November 3rd, 2022|Uncategorized|Comments Off on Specialty Program Group Acquires Texas’ Catapult

Specialty Program Group, an operator of specialty insurance brokerages and underwriting facilities, announced the acquisition of the assets of Catapult Insurance Solutions. Based in Carrollton, Texas, Catapult is a privately held managing general insurance agency and wholesale brokerage for niche …

3 11, 2022

Moody’s: Environmental Considerations Increasingly Pressuring Issuers’ Credit Profiles

By | November 3rd, 2022|Uncategorized|Comments Off on Moody’s: Environmental Considerations Increasingly Pressuring Issuers’ Credit Profiles

A Moody’s Investors Service Report shows that 16 sectors holding $4.3 trillion in rated debt are exposed to high or very high environmental credit risk. That’s more than twice as much as when the Paris Agreement was announced in 2015, …