Ohio utility regulators ordered Akron-based FirstEnergy on Wednesday to pay more than $250 million in fines and refunds as a result of its misconduct in a sweeping Statehouse bribery scandal whose fallout continues five years on. The punishment meted out …
Ohio’s FirstEnergy Ordered to Pay More Than $250M for Bribery Scheme Read More »
Rising costs and changing customer expectations are driving satisfaction in the insurance and mortgage industry, according to an American Customer Satisfaction Index study. Among the four industries studied — health insurance, life insurance, property and casualty insurance (P/C), and mortgage …
P/C Insurer Rankings Down Overall on Higher Costs, Changing Customer Expectations Read More »
A federal judge has denied a temporary restraining order against seven former employees of Marsh sued in one of several lawsuits against defectors to join Howden US. Marsh USA early this month filed a lawsuit against the group of former …
Federal Judge Denies TRO to Marsh in Case Against Former Employees Read More »
The EU is launching a service to measure the role climate change is playing in extreme weather events like heatwaves and extreme rain, and experts say this could help governments set climate policy, improve financial risk assessments and provide evidence …
Europe to Launch Service to Measure Role of Climate Change in Extreme Weather Read More »
Rank-and-file US Securities and Exchange Commission workers have returned to face the paperwork that piled up during the longest government shutdown in US history, and supervisors say the order of the day is “triage.” Deal first with the tasks still …
SEC’s Epic Post-Shutdown Filing Backlog Risks Stalling US IPOs Read More »
For years, I’ve warned that Florida’s legal climate was out of control — driven not by consumers or local businesses, but by a handful of billboard trial lawyers who made fortunes exploiting loopholes in our laws. Their tactics fueled one …
Florida Reforms Are Paying Off for Drivers. Don’t Mess it up With Repeal of PIP Read More »
A race is on among energy companies to build a major fuel pipeline to the U.S. West Coast, a potentially lucrative prize as the planned closure of two California refineries threatens to send gasoline prices in the isolated market soaring. …
California Refinery Closures Spark Pipeline Race to West Coast Read More »
A jury has ordered the Massachusetts State Police to pay $6.8 million after a finding that it discriminated against female and minority troopers. The verdict confirmed Tuesday by a Suffolk Superior Court clerk came in a lawsuit accusing the agency’s …
Jury Orders Massachusetts State Police to Pay $6.8M Over Discrimination Claims Read More »
XPT Specialty, headquartered in New Haven, Connecticut, appointed Chris Ornce as a senior vice president in its workers’ compensation division. With over 15 years in the industry, Ornce has a reputation for building and growing agency distribution channels. Most recently, …
People Moves: XPT Specialty Adds Ornce to Workers’ Comp Division Read More »
Skyward Specialty Insurance Group Inc., headquartered in Houston, Texas, promoted John Burkhart to president, U.S. property & casualty, Skyward Specialty Insurance. In this expanded role, Burkhart will assume oversight of the Company’s captives & specialty programs divisions in addition to …
People Moves: Skyward Specialty Promotes Burkhart to President, U.S. Property & Casualty Read More »
