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25 03, 2022

Kentucky Lawmakers Approve Bill to Give Insurers Lower Rates From Home Loan Bank

By | March 25th, 2022|Uncategorized|Comments Off on Kentucky Lawmakers Approve Bill to Give Insurers Lower Rates From Home Loan Bank

Kentucky’s General Assembly has become the only legislature so far this year to adopt a bill that could give insurers lower rates on commercial loans from the Federal Home Loan Bank system. The Kentucky Senate this week unanimously approved House …

25 03, 2022

Florida Man Mauled by Tiger at Airboat Attraction

By | March 25th, 2022|Uncategorized|Comments Off on Florida Man Mauled by Tiger at Airboat Attraction

A tiger mauled a worker Tuesday afternoon at a Florida airboat attraction, officials said. The attack occurred at Wooten’s Everglades Airboat Tours in Ochopee, according to the Collier County Sheriff’s Office. According to Wooten’s website, the attraction includes an animal …

25 03, 2022

Businesses Challenging Oregon’s New Climate Program

By | March 25th, 2022|Uncategorized|Comments Off on Businesses Challenging Oregon’s New Climate Program

A coalition of businesses wants a court to block Oregon’s plan to significantly reduce greenhouse gas emissions. Oregon Public Broadcasting reports the state’s new Climate Action Plan administrative rules, passed in December, target a 90% reduction in greenhouse gas emissions …

25 03, 2022

EPA Moves to End Asbestos Cleanup Along Montana Railroad

By | March 25th, 2022|Uncategorized|Comments Off on EPA Moves to End Asbestos Cleanup Along Montana Railroad

Environmental regulators are moving to end a years-long cleanup along dozens of miles of railroad in two northwestern Montana communities where lung-damaging asbestos from mining has been blamed in hundreds of deaths. The asbestos came from mining vermiculite that was …

25 03, 2022

Sick Montana Workers Allege Insurer Delaying Medical Payments

By | March 25th, 2022|Uncategorized|Comments Off on Sick Montana Workers Allege Insurer Delaying Medical Payments

Attorneys for Montana mine workers sickened and killed by toxic asbestos exposure filed a lawsuit against Zurich American Insurance this week for allegedly stalling legal settlements and medical payments after transferring the workers’ claims to investors who can profit off …

25 03, 2022

In 7-Eleven Case, Massachusetts High Court Rules Franchisees Can Be Employees

By | March 25th, 2022|Uncategorized|Comments Off on In 7-Eleven Case, Massachusetts High Court Rules Franchisees Can Be Employees

Franchisees in Massachusetts can be considered employees rather than independent contractors and thus be entitled to the state’s minimum wage, overtime rules and other state worker law protections, the state’s highest court has ruled. The ruling by the Massachusetts Supreme …

25 03, 2022

Russian Agents Charged with Targeting U.S. Nuclear Plant, Saudi Oil Refinery

By | March 25th, 2022|Uncategorized|Comments Off on Russian Agents Charged with Targeting U.S. Nuclear Plant, Saudi Oil Refinery

U.S. and British officials on Thursday accused the Russian government of running a years-long campaign to hack into critical infrastructure, including an American nuclear plant and a Saudi oil refinery. The announcement was paired with the unsealing of criminal charges …

25 03, 2022

Russian Invasion of Ukraine, Cyberattacks, and War Exclusions in P/C Policies

By | March 25th, 2022|Uncategorized|Comments Off on Russian Invasion of Ukraine, Cyberattacks, and War Exclusions in P/C Policies

The Russian invasion of Ukraine may result in cyberattacks causing widespread and severe losses, in those nations and beyond. Even before the current invasion, some Russian cyberattacks aimed at Ukraine spread to other nations. The most prominent of these was …

25 03, 2022

Hearing on Florida Citizens’ Near-Max Rate Increases Set for March 31

By | March 25th, 2022|Uncategorized|Comments Off on Hearing on Florida Citizens’ Near-Max Rate Increases Set for March 31

The Florida Office of Insurance Regulation will hold a hearing on Thursday, March 31, to examine a request by Citizens Property Insurance Corp. for a near-maximum rate increase for most of its policies. Citizens, limited by its statutory “glidepath” to …

25 03, 2022

Assurex Global Adds Texas-Based Watkins Insurance Group As Partner

By | March 25th, 2022|Uncategorized|Comments Off on Assurex Global Adds Texas-Based Watkins Insurance Group As Partner

Assurex Global announced that Austin, Texas-based Watkins Insurance Group has joined the firm. Assurex Global now consists of 97 independent agencies. Watkins Insurance Group was founded in 1949 as R.B. Lewis Agency. In 1965, the agency became Lewis-Watkins-Farmer Agency, with …