Pennsylvania’s Enders Insurance Joins Unison Risk Advisors
Unison Risk Advisors (URA) has acquired Enders Insurance, a family-run property/casualty insurance agency based in Harrisburg, Pennsylvania. Enders has more than 60 employees throughout its central Pennsylvania office locations including Lancaster, Reading and Middleburg. Currently led by Andrew Enders, the …
Oil Field Service Companies Face Lawsuit for Alleged Sexual and Racial Harassment
Oil field service companies Bigfoot Energy Services and Iron Mountain Energy Services, operating as a single employer, violated federal law by failing to prevent widespread sexual and racial harassment in their workforce, the U.S. Equal Employment Opportunity Commission (EEOC) charged …
Texas Commissioner Rejects TWIA’s Proposed Rate Increase
Texas Insurance Commissioner Cassie Brown issued an order this week disapproving Texas Windstorm Insurance Association’s proposed 10% increase to property and commercial rates. The Department Department of Insurance said in an Oct. 14 order that the rate filing met the …
Former Texas Police Chief Convicted of Insurance Fraud
A federal jury convicted former Castroville Police Chief, Christopher Filline, for one count of conspiracy to commit wire fraud, the U.S. Attorney’s Office for the Western District of Texas announced. According to court documents and evidence presented at trial, Filline, …
South Texas City in Boil-Water Notice After E. coli Traces Found in Water System
McALLEN — Laredo entered its sixth day of a citywide water boil notice after traces of E. coli were discovered in its public water system. Now officials in this South Texas city are scrambling to repair old water pipes that …
People Moves: Aon Reinsurance Solutions Announces New Senior Leadership Roles; Ryan Specialty Underwriting Managers Int’l Hires 3 in Leadership Team
This edition of International People Moves details appointments at Aon and Ryan Specialty Underwriting Managers International. A summary of these new hires follows here. Aon Announces New Senior Leadership Roles in U.S. Reinsurance Solutions Team Insurance broker Aon plc announced …
Fitch Revises Cincinnati Financial’s Outlook to Positive From Stable
Fitch Ratings has affirmed the ‘A+’ (Strong) Insurer Financial Strength (IFS) ratings for Cincinnati Financial Corporation’s (CINF) three property/casualty insurance subsidiaries and its life insurance subsidiary the ‘A+’ (Strong). Fitch has also affirmed CINF’s Long-Term Issuer Default Rating at ‘A’ …
Department of Labor Expands Grain Handling Safety Program in Midwest
The U.S. Department of Labor announced this month that its Occupational Safety and Health Administration launched a regional emphasis program to address worker safety in the highly hazardous grain handling industry as preventable injuries and unchecked hazards continue to be …
Wisconsin Officials Requiring Burning Permits Amid Dry Conditions
MADISON, Wis. (AP) — Wisconsin officials are requiring people in 13 counties to obtain burning permits as dry conditions continue. The state Department of Natural Resources announced Monday that permit requirements will go into effect just after midnight Tuesday in …
Female Leadership Suffers When Private Equity Firms Invest
Female board and leadership representation at European companies plunges whens private equity firms invest, according to a study by consultancy LCap Group. The average percentage of women in leadership positions tumbles to 16% by the end of the private equity …
Pennsylvania Contractor Ordered to Pay $85K Owed to 6 Workers on Federal Projects
An administrative law judge has ordered a Pennsylvania-based federal contractor to pay $85,284 in back wages for failing to pay prevailing wages, fringe benefits and overtime pay owed to workers employed on multiple federal construction projects, according to the U.S. …
Natural Disaster Losses Below Average Through Q3, Despite Higher Frequency: Report
Although 2024 has seen significant global natural catastrophe activity, economic costs were slightly below average through the third quarter, according to Gallagher Re’s latest Nat Cat report. The total economic loss from natural perils in the first three quarters of …
Meta Must Face State Lawsuits Over Teen Social Media Addiction
Facebook parent company Meta must face lawsuits by U.S. states accusing it of fueling mental health problems among teens by making its Facebook and Instagram platforms addictive, a federal judge in California ruled on Tuesday. Oakland-based U.S. District Judge Yvonne …
Progressive to Pay Policy Limits in Fatal Boat Crash That Involved Murdaugh’s Son
Progressive Insurance will pay $500,000, the policy limits, to the family of a young woman killed in a 2019 boat crash involving Alex Murdaugh’s youngest son, essentially ending the family’s legal actions in the tragedy. Progressive, which insured the boat …
State Says Exiting Steward Health Lacks Required Insurance for Employees, Physicians
Thousands of Massachusetts medical professionals and other employees of troubled hospital operator Steward Health Care are at risk because Steward does not have adequate liability or workers’ compensation coverage in place to protect them after Steward exits the state, officials …
Hurricane Milton Insured Losses in $30B-$50B Range, Says Verisk
Catastrophe modeler Verisk said it expects insured losses from Hurricane Milton will be between $30 billion and $50 billion from damages caused mostly by wind. Verisk’s Extreme Event Solutions group said the range includes privately insured losses to onshore property …
FEMA Workers Change Response Tactics in North Carolina After Threats
RALEIGH, N.C. (AP) — Federal disaster workers paused and then changed some of their hurricane-recovery efforts in North Carolina, including abandoning door-to-door visits, after receiving threats that they could be targeted by a militia, officials said, as the government response …
City of London Chief Says Brexit ‘Disaster’ Cost 40,000 Finance Jobs
Britain’s departure from the European Union cost London’s financial center about 40,000 jobs, the Lord Mayor of the City of London told Reuters, a far deeper impact from Brexit than previous estimates. Michael Mainelli said Dublin had gained most, attracting …
UK Fears Chinese Hackers Compromised Critical Infrastructure
Chinese state actors have made widespread — and likely successful — efforts to access British critical infrastructure networks, according to UK officials, underscoring fears of vulnerabilities to increasingly sophisticated cyberattacks by foreign powers. Senior ministers in the Labour government have …
Lufthansa Agrees to Pay $4M Penalty Over Treatment of Jewish Passengers
Lufthansa has agreed to pay a $4 million penalty for allegedly discriminating against Jewish passengers who were trying to board a connecting flight in Frankfurt in May 2022, the U.S. Transportation Department said on Tuesday. Lufthansa prohibited 128 Jewish passengers, …
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