Insurance
People Moves: Mosaic Builds Out Environmental Liability Team With 13 US Hires
Mosaic, headquartered in Hamilton, Bermuda, has added 13 U.S. environmental risk specialists to its team. Team members include Assistant Vice President Iraj Dehnavi, Senior Vice President Maureen Domenicone, Vice President Patrick Enderlin, Senior Vice President Patrick Grassl, Senior Vice President …
Read More Keurig Agrees $1.5M SEC Fine Over Pod Recyclability Statements
Keurig Dr Pepper Inc. agreed to pay a $1.5 million fine to settle U.S. Securities and Exchange Commission charges that the beverage company made inaccurate statements regarding the recyclability of its K-Cup pods, the regulator said on Tuesday. Keurig in …
Read More SEC Hits 7 Companies With Penalties for Violating Whistleblower Protections
Seven public companies agreed to pay a combined $3 million to settle U.S. Securities and Exchange Commission charges they violated whistleblower protections, the regulator said on Monday. TransUnion agreed to pay $312,000 and Acadia Healthcare Company will pay $1.39 million …
Read More Viewpoint: Early Action Key to Mitigating Risk in Professional Liability Claims
Professional liability claims impact a multitude of professions, including those in the legal, medical, financial and insurance industries. Claims for malpractice, breach of contract, breach of fiduciary duty and related issues can result in widespread premium increases and professional discipline. …
Read More AM Best Places Credit Ratings of Oregon Mutual Group Members Under Review
AM Best has placed under review with negative implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Oregon Mutual Insurance Co. and Western Protectors Insurance Co., which are domiciled in McMinnville, …
Read More Iowa Manufacturer to Pay $51K Fine For Alleged Hazardous Waste Violations
Hawkins Inc., a chemical manufacturer based in Camanche, Iowa, will pay $51,158 in civil penalties and purchase equipment for local emergency responders to resolve alleged violations of the federal Resource Conservation and Recovery Act (RCRA). The company manufactures, distributes, and …
Read More People Moves: Grange Insurance Names Lebens as CFO
Grange Insurance Company announced that Cheryl McRae Lebens has been named the company’s Chief Financial Officer, effective January 1, 2025, following Terri Brown’s planned retirement at the end of the year. Brown’s career in the property and casualty Insurance industry …
Read More Missouri Patient Infected with Bird Flu Without Animal Contact
A hospitalized patient in Missouri was infected with bird flu despite having had no known contact with dairy cows or other animals associated with an ongoing outbreak, health officials said Friday. This is the 14th person in the U.S. sickened …
Read More New Portuguese Government to Keep Ban on Chinese 5G Equipment
Portugal’s center-right government will keep the previous administration’s ban on telecoms firms using Chinese equipment in their 5G networks, a minister said, despite the projected cost of a position that is among the toughest in Europe. In May 2023, under …
Read More VW Scraps Three-Decades-Old German Jobs Pledge to Cut Costs
Volkswagen AG is ending job protections for auto workers in Germany as part of its cost-cutting push, setting up a showdown with unions as the country’s most important industry fights for its future. The manufacturer on Tuesday canceled several agreements …
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