15 01, 2021

As Production Declines, Coal Miner Fatalities at Historic Low

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Five miners died in U.S. coal mines in 2020, an all-time low mark for an industry in a year that saw continuing declines in production as electric providers move away from burning coal. The federal Mine Safety and Health Administration, …

15 01, 2021

Lemonade Eyes Sale of 3 Million Shares in Secondary Offering

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Digital insurer Lemonade has announced plans to sell 3 million shares of common stock to raise money for “general corporate purposes.” The New York-based insurtech could raise as much as $808 million, according to its regulatory filing announcing the stock …

15 01, 2021

Delivery Company Offers Gig Workers $25 to Get COVID Vaccine

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Grocery delivery company Instacart said on Thursday it would pay $25 to its over half-a-million gig workers if they chose to take time off to get vaccinated against COVID-19. The company, which has been lobbying government agencies for its delivery …

15 01, 2021

MMG Insurance Company Promotes Dill to VP of Marketing, Business Development

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MMG Insurance Company has promoted Kayla O’Malley Dill to vice president of Marketing and Business Development, effective January 4, 2021. Dill is based in Maine. Dill joined the Company in 2013 as senior marketing representative. Throughout her tenure with MMG, …

15 01, 2021

World Insurance Associates Acquires Bush Insurance Agents & Brokers

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World Insurance Associates LLC (WIA), acquired Bush Insurance Agents & Brokers of Cambridge Springs, Penn., on December 31, 2020. Terms of the transaction were not disclosed. Established in 1918, Bush Insurance is a provider of loss and risk management products. …

15 01, 2021

Expecting the Unexpected: Cyber Lessons from COVID and What Could Be Ahead

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What is the biggest lesson that cyber insurers should carry into 2021 after a year in which the COVID-19 pandemic took center stage? In the first Insuring Cyber podcast episode of the new year and the fifth overall, Tim Zeilman, …

15 01, 2021

Drone Maker Settling for $25M in Military Gear Parts Suit

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Aerial drone manufacturer Insitu in the Columbia River Gorge, Ore., will pay $25 million to settle allegations that its military drones were outfitted with used components instead of new ones. U.S. attorney Brian Moran said cases such as this one …

14 01, 2021

Uber Appealing $59M Fine in California Over Sex Assault Data Request

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Uber Technologies Inc. on Wednesday appealed a $59 million fine by a California regulator in a dispute over whether the company should share detailed information on sexual assault and harassment claims reported on its ridesharing platform. The California Public Utilities …

15 01, 2021

Navajo Nation Reaches Settlements with Mining Companies

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The Navajo Nation’s Department of Justice announced Wednesday it has settled with mining companies to resolve claims stemming from a 2015 spill that resulted in rivers in three western states being fouled with a bright-yellow plume of arsenic, lead and …

14 01, 2021

COVID-19 Effect on Workers’ Compensation Claims Has Varied by State, Industry

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The percentage of COVID-19 claims among all workers’ compensation paid claims has varied greatly among states and occupations, as has the decrease in non-COVID claims, new research shows. The percentage of COVID-19 claims among all workers’ compensation paid claims ranged …