Wholesale insurance broker and managing general agent, Scottish American, has acquired Fastcomp of Boston Heights, Ohio. Terms of the transaction were not disclosed. Fastcomp was created in 1998 by an experienced team of insurance underwriting professionals to provide independent agents …
A company based in the Cincinnati, Ohio-area will pay $22,500 to settle a federal sexual harassment and retaliation suit. The U.S. Equal Employment Opportunity Commission (EEOC) had charged in its lawsuit Total Maintenance Solutions Inc., a cleaning company, had fired …
Computer scientist Lynne Parker made breakthroughs in getting robots to work together so they could perform difficult missions, like cleaning up after a nuclear disaster, waxing floors or pulling barnacles off a ship. Her job now is getting the U.S. …
A Wisconsin grain facility faces 14 workplace safety violation citations and more than $676,000 in penalties following the death of a following the engulfment death of a worker in a corn silo. The Occupational Safety and Health Administration (OSHA) said …
Two Arkansas physicians were sentenced in late May to a combined 150 months in federal prison for distributing pain medicines without a prescription. Cecil. W. Gaby, 71, of Fort Smith, and Robin Ann Cox, 64, of Rogers, were sentenced in …
Washington Insurance Commissioner Mike Kreidler and California Insurance Commissioner Ricardo Lara are askikng all insurers that are currently required to report to them annually on climate change to start reporting their climate risks in alignment with the Task Force on …
Louisiana has for years owed millions of dollars to residents whose homes flooded because of interstate construction work, but lawmakers continue to balk at making the payment, even after a proposed settlement deal appeared within reach. After the state constructed …
Louisiana senators put the brakes on a bill that would have required motorists to use a handsfree device or speaker mode to talk on a cellphone while driving. The proposal by Republican Rep. Mike Huval fell one vote short of …
This wrap-up of international People Moves includes appointments at Allianz Global Corporate & Specialty (AGCS); HDI Global SE UK & Ireland, and Amwins Global Risks. A summary of these new hires follows here. Scott Sayce will join Allianz Global Corporate …
The U.S. property/casualty (P/C) industry saw its net underwriting income fall in first-quarter 2021 by 53% as compared with the same prior-year period, according to preliminary financial results analyzed by AM Best. Increases in incurred losses, loss adjustment expenses and …