Report Shows Opioid Use in California Workers’ Comp Continues to Go Down
A California Workers’ Compensation Institute analysis opioid prescription data between 2017 and 2023 from the California Department of Justice’s Controlled Substance Utilization Review and Evaluation System builds on prior CWCI studies by tracking multiple opioid utilization metrics. The study examines …
Insurance Prices Threaten an Affordable Housing Oasis In Hawaii
Lahilahi Heen has lived for decades in a three-bedroom house surrounded by a carefully groomed garden in the lush Hawaiian Shores subdivision in Lower Puna. It’s also downslope from Hawaii’s most active volcano. Her house sits outside Pahoa Village in …
Unison Risk Advisors Adds Avondale as First to Join Its Non-Retail Division
Unison Risk Advisors (URA) reports that Avondale Insurance Associates has joined the firm and is the first company to join URA’s non-retail division. Established in 2006, Avondale Insurance Associates is an excess and surplus lines underwriting management company across all …
People Moves: HDI Global US Appoints Long as US Casualty Lead; Jenkins Joins Alliant Insurance Services as Senior Vice President
HDI Global U.S. Appoints Long as US Casualty Lead HDI Global Insurance Company (HGIC), the U.S. subsidiary of inter-national corporate and specialty insurer HDI Global SE (HDI), headquartered in Chicago, appointed Thomas Long as U.S. casualty lead. With an insurance …
Mining Dam Disaster Deal Should Curb Lawsuits Against Vale and BHP, Sources Say
An agreement by Vale, BHP and their joint venture Samarco to pay 170 billion reais ($29.85 billion) in compensation for a deadly dam collapse in Brazil could end more than a hundred lawsuits against the mining companies in the South …
Hurricane Milton Caused $1.5B-$2.5B in Losses to Florida Agriculture
Hurricane Milton caused an estimated $1.5 billion to $2.5 billion in damage to Florida’s crops and agricultural infrastructure, according to a preliminary assessment released by the state’s Department of Agriculture and Consumer Services on Thursday. The majority of Florida’s citrus …
GAO Urges OSHA to Address Ergonomic Hazards in e-Commerce Warehouses, Deliveries
The federal Occupational Safety and Health Administration (OSHA) must do more to address ergonomic hazards at warehouses and delivery companies, where the number of injured workers in the growing sector are on the rise, a new report advises. The Government …
State Farm Campaign Aims to Provide Smoke Alarms to 1,300+ Texas Homes
State Farm will provide smoke alarms to more than 1,300 Texas homes during the Out to Alarm Texas 2024 campaign, the Insurance Council of Texas shared. The initiative was created in 2005 as a way mitigate the loss of life …
Louisiana Nursing Home Owner to Pay $8.2M for Misusing Assets During Ida
Louisiana nursing home owner Bob Dean Jr. and several companies he operated have agreed to an $8.2 million consent judgment to resolve allegations that they misappropriated and misused the assets and income of four nursing homes in Louisiana before and …
Trump Sued for Defamation by Exonerated ‘Central Park Five’
Donald Trump is facing a defamation lawsuit over comments he made during the September presidential debate about five men who were wrongly convicted in the 1989 jogger rape case and came to be known as the “Central Park Five.” The …
Record-Breaking Temperatures Mask a Subtler Threat: Chronic Heat
Phoenix has become a nerve-wracking bellwether for extreme heat. Arizona’s capital recently endured a three-week stretch when every day broke a heat record, with thermometers peaking at 117F (47C) on Sept. 28. Yet even below the threshold of smashing records, …
Michigan Construction Company to Pay $180K Fine for Lead Paint Violations
U.S. Environmental Protection Agency announced a $180,000 settlement with All Point Construction LLC in Allen Park, Michigan to resolve alleged violations of the federal lead renovation, repair and painting regulations. After receiving a complaint from a resident, EPA launched an …
Supreme Court Rejects Bid to Let President Fire Independent Agency Leaders
The US Supreme Court declined to hear an appeal that sought to give the president control over agencies that have long operated independently, potentially including the Federal Trade Commission and Securities and Exchange Commission. The appeal, pressed by two research …
Inflation Gauge Is Easing But Some of Biggest Expenses Are Left Out
Price pressures have eased substantially over the past two years, but a disconnect remains between what US inflation data show and what millions of Americans experience with their finances. That’s in part because price levels are still higher than they …
The Secretive World of Russian Oil Tanker Insurance Revealed
One of the energy market’s open questions since Russia’s invasion of Ukraine has been who’s insuring the tankers moving Moscow’s petroleum against the risk of a catastrophic oil spill. The answer is that while some are still covered by the …
US Watching Dark Fleet Ship-to-Ship Oil Transfers in Asia Waters
The US is paying close attention to the “dark fleet” of tankers carrying restricted oil and doing ship-to-ship transfers in Southeast Asian waters, the State Department’s top energy official said. Countries in the region need to consider the risks these …
Allianz Mulls Ending Decades-Old Bajaj Insurance India JVs
Allianz SE is in talks to scrap two Indian joint ventures with Bajaj Finserv Ltd., in a dispute over the direction of the partnership, according to people familiar with the matter. Allianz plans to exit Bajaj Allianz Life Insurance Co. …
‘G-Shock’ Watchmaker Casio Delays Earnings Release Due to Ransomware Attack
Japanese watchmaker Casio Computer said on Tuesday it will delay the release of its second-quarter earnings due to the impact of a ransomware attack on its accounting process, to mid-November from Nov. 6. Casio, known for its “G-Shock” series of …
Another Satellite Breakup Adds to Rising Problem of Space Junk
A large communications satellite has broken up in orbit, affecting users in Europe, Central Africa, the Middle East, Asia and Australia, and adding to the growing swarm of space junk clouding our planet’s neighborhood. The Intelsat 33e satellite provided broadband …
Natural Disasters Cost China $13 Billion in January-June
Natural disasters such as flooding, drought and extreme temperatures cost China 93.16 billion yuan ($12.83 billion) in the first half of this year, with almost 33 million people affected, the government said on Friday. Heavy snow, 22 strong earthquakes including …
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