The Gray Insurance Company Names Borne “Paul” Boudreaux, III as President The Gray Insurance Company announced that Borne “Paul” Boudreaux, III will be named President of the Company, effective July 1, 2022. In his new position, he will take a …
A federal workplace safety investigation found that a temporary worker suffered serious injuries on Jan. 3, 2022, after being struck by a large mold at a Texas concrete polymer manufacturing company. It was determined that the employer failed to install …
The first lawsuits have been filed only days after an Amtrak train collision and derailment in rural Missouri that left four people dead and injured up to 150 others. In a federal lawsuit filed last Friday, surviving passenger Janet Williams …
The Austin, Texas fire department reported at least 90 fires the night of July 4th in spite of a fireworks ban ordered by Austin and Travis County officials. Most of the fires were small grass, dumpster and trash fires, the …
MarketScout said commercial property/casualty rates in the U.S. during the second quarter 2022 were about the same as the first quarter, with composite average rate increases across all lines of just over 5.9%. Increases were 6% in the first quarter …
Insurers might say this one falls in the category of “no good deed goes unpunished.” In a workers’ compensation decision published today, July 5, the North Carolina Court of Appeals held that the re-issuance of a missing check to an …
The supermarket chain Wegmans agreed to pay $400,000 and upgrade its security practices over a data breach that exposed personal information of more than 3 million consumers nationwide, New York Attorney General Letitia James said on Thursday. Wegmans was accused …
For the first time since the devastating U.S. hurricanes of 2004 and 2005, property-catastrophe capacity contracted during the June/July reinsurance renewal period, Aon said in a new report released yesterday. While the reinsurance market remained stable on the casualty side, …
Extreme weather events – from scorching heatwaves to unusually heavy downpours – have caused widespread upheaval across the globe this year, with thousands of people killed and millions more displaced. In the last three months, monsoon rains unleashed disastrous flooding …
Property reinsurance rates rose by as much as 50% in Florida at July 1 renewals and by up to 40% in the United States overall, reinsurance broker Gallagher Re said on Friday, as reinsurers grappled with higher inflation and natural …