The state’s insurance commissioner has approved an overall average decrease of 3.46% in workers’ compensation rates starting July 1, 2022 for Massachusetts businesses. Massachusetts businesses will save approximately $80 million under the settlement. The cut was negotiated after the industry’s …
An investigation into the COVID-19 death of a worker at a Sumner, Washington, fish processing plant found company leaders knowingly putting workers at risk of exposure to the virus. The Washington state Department of Labor & Industries cited and fined …
This year’s edition of California’s beloved Gilroy Garlic Festival has been canceled and the annual event’s future is uncertain, organizers announced. The celebration of the pungent vegetable has been held for more than 40 years, drawing huge crowds over three …
Premiums paid to the Florida Hurricane Catastrophe Fund are expected to increase by more than 12% later this year, giving new urgency to calls to cut the fund’s retention level in half, a move that some estimates show could save …
Owens Promotes Johnson Owens Insurance Agency, based in Greer, South Carolina, has promoted Sandra Johnson to be director of operations. Johnson, who joined the agency a decade ago, has served as the agency’s point of contact for carriers. She will …
An investor-led push for major oil companies to set climate goals in line with the Paris agreement won support from a key proxy advisory firm for the first time, setting up a showdown at upcoming shareholder meetings. Institutional Shareholder Services …
A group of Credit Suisse investors pushing for faster climate action at the Swiss bank has more than doubled in size, raising pressure on its board ahead of its annual shareholder meeting on Friday. Credit Suisse, along with other major …
Generali investor Deka Investment will vote in favor of current management led by chief executive Philippe Donnet, the asset manager’s head of corporate governance said on Monday. Shareholders in Italy’s biggest insurer vote on Friday to name a new board …
Luxury sports car maker Ferrari will recall 2,222 cars in China due to a potential fault in its braking systems, China’s market regulator said in a statement on Friday [March 22]. The recall covers the 458 Italia, 458 Speciale, 458 …
Worker demands for more flexibility and security, bolstered by the pandemic and a tight labor market, are only growing more intense as the world economy reopens and some firms begin trying to pull employees back to offices, payroll provider ADP …