A contractor was fined $170,000 for workplace violations that resulted in a 3,000-pound excavator bucket falling on an employee in southwest Washington. The Rotschy Inc. construction company was hit with $170,000 in fines from the Washington State Department of Labor …
Excavator Bucket That Crushed Worker Leads to $170K Fine for Washington Contractor Read More »
A powerful, magnitude-7.0 earthquake struck in a remote area near the border between Alaska and the Canadian territory of Yukon on Saturday. There was no tsunami warning, and officials said there were no immediate reports of damage or injury. The …
Magnitude-7.0 Earthquake Hit Remote Area Along Alaska-Canada Border Read More »
Allianz SE and Oaktree Capital Management agreed to set up a reinsurance syndicate on the Lloyd’s of London market, the latest example of a private capital firm pushing into the non-life sector. The vehicle, named “Syndicate 1890,” will begin underwriting …
Allianz, Oaktree Set Up Reinsurance Syndicate on Lloyd’s Market Read More »
Most states and U.S. territories permit the establishment of captive insurance companies to insure a variety of commercial risks. However, no state or territory allows them to insure personal auto risks, and before mid-2024, no state or territory allowed them …
Should Captives Be Allowed to Insure Homeowners Risks? Read More »
President Donald Trump said on Monday he would sign an executive order this week that he said would create a single national rule for artificial intelligence, which the industry has said is necessary to override disparate laws passed by U.S. …
Trump to Issue Order Creating National AI Rule Read More »
Westfield Appoints Scholz as Enterprise CIO Westfield, a U.S.-based property and casualty insurance company headquartered in Westfield Center, Ohio, appointed Lloyd Scholz as enterprise chief information officer (CIO). Reporting directly to CEO and Board Chair Ed Largent, Scholz’s responsibilities include …
Missouri Attorney General Catherine Hanaway announced that her office has filed felony charges against James G. Bennett, operating as Bath Planet, for allegedly defrauding consumers by accepting payments for bathroom remodeling services he never completed. Bennett faces 10 counts of …
Missouri Contractor Charged in Alleged Bathroom Remodeling Scam Read More »
Bowen, Miclette & Britt Insurance Agency, LLC has continued the expansion of its Surety team with the addition of John Anthony Martinez, who brings nearly 20 years of experience in contract and commercial surety, bonding strategy, and risk advisory services. …
People Moves: BMB Names Martinez to Surety Team Read More »
This edition of International People Moves details appointments at the brokers Aon plc and AHJ Miller. A summary of these new hires follows here. Aon Names Norman as Senior Broker in its Global ReSpecialty Property Team Insurance broker Aon plc …
Afore Insurance Services said it has acquired Resolve Insurance Group, an independent insurance agency headquartered in Virginia Beach, Virginia that is known for its marine insurance specialty. Resolve will become part of Afore’s Mid-Atlantic region, operating under the leadership of …
Afore Acquires Virginia’s Resolve Insurance Group Read More »
