Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced the acquisition of Australia-based MACK Insurance Services. Terms of the transaction were not disclosed. MACK Insurance Services is a commercial insurance broker with a focus on the agriculture sector. …
Arthur J. Gallagher & Co. Acquires Australian Broker MACK Insurance Services Read More »
UK businesses are turning to the self-employed in an effort to rein in costs as they try to navigate Chancellor of the Exchequer Rachel Reeves’ £26 billion ($34.5 billion) payroll tax hike. Advertised contract jobs have risen 22% since April, …
UK Firms Hire Contractors Instead of Employees to Cut Tax Bills Read More »
A newly released decade-long study by the Workers’ Compensation Research Institute (WCRI) indicates that claims initiated by nurse practitioners and physician assistants didn’t lead to negative outcomes and suggested some benefits when compared to those led by primary care physicians. …
Does Care by Advanced Practitioners Result in Different Workers Comp Outcomes? Read More »
President Donald Trump’s administration proposed a rule to allow more commercial drones to fly beyond an operator’s visual line of sight, a potential boon for companies such as Alphabet Inc.’s Wing unit and Walmart Inc. pushing to deliver packages by …
US to Ease Long-Range Drone Rules in Boon for Walmart, Alphabet Read More »
AIG could pay dearly for refusing to budge on a claim settlement offer of $2.65 million for nearly a year after receiving estimates that a jury would likely award the claimant $7.5 million for her injuries. A jury did eventually …
Delay in Upping Its Claims Offer Could Cost AIG, Federal Appeals Court Says Read More »
Written premium in the first quarter was 4% lower than the same period in 2024, extending a trend in which written premiums in calendar years 2022 through 2024 remained relatively stable compared to large swings during the pandemic, a new …
California Workers’ Comp Rating Bureau Says Recent Rate Declines Flattened Read More »
Shareholders of the UK investment trust run by Dan Loeb’s hedge fund Third Point should reject its plan to turn itself into a reinsurance company, according to ISS. In its recommendation ahead of an Aug. 14 vote, the proxy adviser …
Third Point UK Investors Should Reject Reinsurance Deal, ISS Says Read More »
Elon Musk and Tesla were sued by shareholders who accused them of securities fraud for concealing the significant risk that the company’s self-driving vehicles, including the Robotaxi, were dangerous. The proposed class action was filed on Monday night in Austin, …
Tesla, Musk Sued by Shareholders Over Robotaxi Claims Read More »
A Michigan financial advisor was charged with four counts of insurance fraud, each a four-year felony, Attorney General Dana Nessel announced last week. Todd Bernstein, 67, of Birmingham, was arraigned on July 30 before Magistrate Julie Nelson-Klein in the 48th …
Michigan Financial Advisor Charged With Insurance Fraud Read More »
U.S. companies are spending record amounts to keep their executives safe in response to rising threats and the killings of two high-profile corporate officials in separate attacks in Manhattan over the last eight months. Corporations have doubled the number of …
Companies Spending Record Amounts to Protect Executives as Threats Rise Read More »
