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7 10, 2021

Company Faces $202K in Penalties After Worker’s Death at Oklahoma Facility

By | October 7th, 2021|Uncategorized|Comments Off on Company Faces $202K in Penalties After Worker’s Death at Oklahoma Facility

Federal officials cited Valmont Coatings for one willful and five serious violations and proposed $202,000 in penalties following the death of a worker at its facility in Claremore, Oklahoma. The Occupational Safety and Health Administration said an investigation following the …

7 10, 2021

Trial to Assess Damages in 2017 Texas Church Massacre Now Underway

By | October 7th, 2021|Uncategorized|Comments Off on Trial to Assess Damages in 2017 Texas Church Massacre Now Underway

A trial to assess damages owed to families of the victims of the Sutherland Springs church massacre began with vivid witness accounts of the shooting. John Porter Holcombe testified for several hours on Sept. 4 about the horrors of Devin …

7 10, 2021

California Governor Signs Hemp Bill Setting up Regulatory Framework

By | October 7th, 2021|Uncategorized|Comments Off on California Governor Signs Hemp Bill Setting up Regulatory Framework

California Gov. Gavin Newsom this week signed a bill into law establishing a comprehensive regulatory framework for the manufacture and sale of hemp products in California. Newsom signed Assembly Bill 45. The bill alters the Sherman Food, Drug, and Cosmetic …

7 10, 2021

Report: A Fifth of U.S. Insurance Company Board Members Have Worked in Fossil Fuel Industry

By | October 7th, 2021|Uncategorized|Comments Off on Report: A Fifth of U.S. Insurance Company Board Members Have Worked in Fossil Fuel Industry

A report out Thursday from a climate change advocacy group alleges that more than one-fifth of U.S. insurance company board members have worked for the fossil fuel industry, and that two-thirds of all U.S. insurance company board members are “climate …

7 10, 2021

Los Angeles Implementing One of Strictest Vaccination Mandates in Nation

By | October 7th, 2021|Uncategorized|Comments Off on Los Angeles Implementing One of Strictest Vaccination Mandates in Nation

Los Angeles leaders on Wednesday approved one of the nation’s strictest vaccine mandates _ a sweeping measure that would require the shots for everyone entering bars, restaurants, nail salons, gyms or even a Lakers game. The City Council voted 11-2 …

8 10, 2021

Hub International Acquires Quebec’s H.W. Hollinger (Canada)

By | October 8th, 2021|Uncategorized|Comments Off on Hub International Acquires Quebec’s H.W. Hollinger (Canada)

Hub International Ltd., a Chicago-based insurance broker and financial services firm, announced it has acquired H.W. Hollinger (Canada) Inc. Terms of the transaction were not disclosed. Based in Montreal, Quebec, Canada, H.W. Hollinger is an independent insurance agency providing commercial …

8 10, 2021

Insurers Could Owe $80M to Investors Suing Over 2016 Willis Merger With Towers Watson

By | October 8th, 2021|Uncategorized|Comments Off on Insurers Could Owe $80M to Investors Suing Over 2016 Willis Merger With Towers Watson

Seven insurers that shared the risk for directors and officers policies sold to Towers Watson may have to pay up to $80 million for settlements with shareholders who cried foul after learning that the brokerage’s 2016 merger with Willis included …

8 10, 2021

What’s New in Agency E&O? Participate in This Year’s Survey Today

By | October 8th, 2021|Uncategorized|Comments Off on What’s New in Agency E&O? Participate in This Year’s Survey Today

Insurance Journal invites buyers of agency errors and omissions insurance to participate in this year’s Agency Errors & Omissions Survey. The survey should take no more than 10 minutes to complete, and will provide you and us with important information …

8 10, 2021

Germany’s Getsafe Raises $30M, Led by Swiss Re; Eyes Becoming Full Carrier

By | October 8th, 2021|Uncategorized|Comments Off on Germany’s Getsafe Raises $30M, Led by Swiss Re; Eyes Becoming Full Carrier

Digital MGA Getsafe disclosed $30 million in new financing led by new investor Swiss Re. The Heidelberg, Germany-based InsurTech said the money will help build its market dominance among millennials in its home country and beyond. Specifically, a push into …

8 10, 2021

The Cable Guy is Not a Construction Worker, Court Says

By | October 8th, 2021|Uncategorized|Comments Off on The Cable Guy is Not a Construction Worker, Court Says

The Florida Supreme Court on Thursday handed down no insurance-related opinions in its regular weekly posting and did not report a long-awaited decision on an insurance defense attorney charged with coaching a witness through text messages. But one step down …