30 08, 2022

North Carolina Judge Sets Lindberg’s New Trial Date for March 2023

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A new trial for North Carolina insurance executive Greg Lindberg has been set for March 2023, three years after his conviction on bribery charges, a conviction that was later overturned. Federal prosecutors and Lindberg’s attorneys met with U.S. District Judge …

30 08, 2022

Florida Staffing Firm Head Sentenced to 24 Years for Long-Running Off-Book Labor Scheme

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From 2007 to 2021, federal prosecutors said, Mykhaylo Chugay and associates operated a number of shady staffing companies in south Florida that avoided paying more than $25 million in federal taxes. Last week, a federal judge sentenced Chugay to 24 …

30 08, 2022

Behavioral Health Linked to Workers’ Comp Recovery: Study

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Psychosocial factors are strong predictors of delayed recovery and other adverse outcomes in patients with work-related injuries. A recent white paper from the Workers Compensation Research Institute (WCRI) examines the correlations between a worker’s mental health and the time it …

30 08, 2022

Generali Completes Acquisition of AXA’s Malaysian P/C and Life Businesses

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Generali has completed the acquisition of the majority stakes in the AXA’s property/casualty and life businesses in Malaysia, which will position it as a top-tier general (or P/C) insurer in the country, in line with its strategy to strengthen its …

30 08, 2022

Biden Administration to Declare ‘Forever Chemicals’ Hazardous Substances

By | August 30th, 2022|Uncategorized|Comments Off on Biden Administration to Declare ‘Forever Chemicals’ Hazardous Substances

The Biden administration said on Friday it will propose designating certain “forever chemicals” as hazardous substances under the nation’s Superfund program, in a bid to spark cleanup of countless sites that have been found contaminated by the toxic industrial compounds. …

30 08, 2022

UN Issues Flash Appeal for $160 Million to Help Pakistan With Floods

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The United Nations issued a flash appeal on Tuesday for $160 million to help Pakistan cope with catastrophic floods that have killed more than 1,100 people, destroyed infrastructure and crops, and affected 33 million people. Early estimates put the damage …

30 08, 2022

Strong Storms Knock Down Trees, Cause Power Outages in Minneapolis

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Strong storms knocked down trees and caused power outages across the Minneapolis area Saturday night, prompting the Minnesota State Fair to shut down rides and cancel a concert. Wind gusts over 60 mph were reported as the storm moved across …

30 08, 2022

People Moves: Liberty Specialty Promotes Clark for Financial Risk Solutions; BHSI Promotes Hannoun for Middle East Casualty; CNA Canada Names DeBruyn Regional VP

By | August 30th, 2022|Uncategorized|Comments Off on People Moves: Liberty Specialty Promotes Clark for Financial Risk Solutions; BHSI Promotes Hannoun for Middle East Casualty; CNA Canada Names DeBruyn Regional VP

This edition of International People Moves details appointments at Liberty Specialty Markets, Berkshire Hathaway Specialty Insurance, and CNA Canada. A summary of these new hires follows here. Liberty Specialty Promotes Clark for Financial Risk Solutions Liberty Specialty Markets (LSM), part …

30 08, 2022

Terry, Luke Ledbetter Form Kestrel Group in Texas

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Terry Ledbetter and Luke Ledbetter, formerly of State National Companies, announced the formation of Kestrel Group. The company acts as the exclusive producer for four A.M. Best “A-” rated (Excellent) carriers which are widely licensed throughout the United States with …

30 08, 2022

Texas DWC Proposes Seeks Comments on Designated Doctor Rules

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The Texas Department of Insurance, Division of Workers’ Compensation (DWC) informally proposes amendments to 28 Texas Administrative Code (TAC) Chapter 133, General Medical Provisions and 28 TAC Chapter 134, Benefits–Guidelines for Medical Services, Charges, and Payments to improve the designated …