The Hartford CEO Christopher Swift expressed confidence that the property/casualty insurer has weathered the worst of the COVID-19 pandemic and that related concerns about business interruption claims have become minimal. “I have never been more excited about The Hartford’s future,” …
A Long Island, New York, superstructure, foundation and concrete company will pay $135,612 in penalties stemming from the collapse of an approximately 30-foot deep trench in Oyster Bay that led to the deaths of two workers. Following a January 2020 …
BroadStreet Partners BroadStreet Partners Inc., an insurance brokerage holding company headquartered in Columbus, Ohio, has appointed Ken Kirk as chief executive officer. Rick Miley, founder and current CEO of BroadStreet, will assume the role of executive chairman. Kirk joined BroadStreet …
A fire at the Domino Sugar plant sent white smoke billowing over the Inner Harbor in Baltimore, Maryland, last Tuesday, but no injuries were immediately reported, a fire department spokeswoman said. A conveyer belt apparently carried a burning substance from …
A fire at a northwest Louisiana condominium complex has destroyed 30 units. The Shreveport Fire Department tells local news outlets that it took three-and-a-half hours Wednesday to bring the blaze under control at the Fairfield Oaks condominium complex south of …
As soon as the first community was shut down to slow the spread of the coronavirus or the first announcement of a safer at home order by a governor, some of us saw the storm of suits coming related to …
Two of the six people killed in a massive crash involving about 130 vehicles on an icy Texas interstate in February were fatally struck after getting out of their vehicles, a federal agency reported on April 21. The National Transportation …
LONDON — Insurers want to put more money into private equity this year while scaling back on hedge funds, a survey by Goldman Sachs Asset Management showed on Wednesday. Private equity was the most-favored asset class for insurers seeking to …
Dozens of vehicles crashed in near whiteout conditions on a Washington County, Wisconsin, interstate, killing one person and seriously injuring six people, according to sheriff’s officials. At least 48 vehicles, including several semis, were involved in multiple crashes that closed …
Driven by the COVID-19 pandemic, businesses and public entities increased their reliance on risk management technologies, as vendors expanded their offerings to meet their needs. A survey of 1,100 risk professionals found that 38 percent of the respondents increased their …