Insurance
People Moves: Burns & Wilcox Announces Quillman as Regional Lead for Texas
Burns & Wilcox Announces Bob Quillman as Regional Lead for Texas Burns & Wilcox announced the hire of regional lead, Bob Quillman, who will oversee the company’s Texas region. Quillman joins Burns & Wilcox as Regional Vice President, Texas. In …
Read More Texas Construction Contractor Faces $263K in Penalties for Fatal Crane Collapse
A federal workplace safety investigation has found that a Farmersville, Texas construction contractor could have prevented the loss of a 23-year-old employee by following required safety procedures for operating a mobile crane at an Aubrey work site. Investigators with the …
Read More Former North Dakota Governor Victim of Car Theft
FARGO, N.D. (AP) – Former North Dakota Gov. Ed Schafer learned a lesson about his car keys after his vehicle was stolen as he hosted a Fargo radio show. Schafer was guest hosting KFGO`s “News and Views” program Friday morning …
Read More Reinsurers’ Cyber Rates Expected to Rise as They Seek to Regain Profitability: S&P
More cyber reinsurance rate increases can be expected as reinsurers seek to regain underwriting profits in their cyber portfolios, according to a report published by S&P Global Ratings. “Reinsurers had a difficult 2022 due to low profitability and even underwriting …
Read More Ohio Vinyl Tile Manufacturer Faces $545K in Penalties for Failing to Protect Workers from Hazards
An Ohio-based vinyl tile manufacturer with a history of failing to protect workers from hazards at its Fostoria plant dating back to 2017, now faces an additional $545,853 in federal penalties after investigations by the U.S. Department of Labor. The …
Read More Unusually Warm Atlantic Ocean Is Supercharging Hurricane Idalia
Hurricane Idalia, now a Category 1 storm, is expected to make landfall along Florida’s Gulf Coast on Wednesday. The hurricane’s likely transformation between now and then will be due in part to the unusually warm waters on its path. As …
Read More Crane Collapse at Miami Hospital Killed One, Injured Other Workers
Authorities were still investigating Tuesday after a construction crane at a Miami hospital buckled and collapsed onto construction workers, killing one person and injuring four others. The 200-foot crane was in use Saturday at a part of HCA Florida Mercy …
Read More Update: 3M to Pay $6 Billion to Settle Military Earplug Lawsuits
3M Co. has agreed to pay $6 billion to resolve hundreds of thousands of lawsuits alleging it sold defective earplugs to the US military that led to hearing damage for combat troops. The company will pay $5 billion in cash …
Read More Florida Sheriff’s Copter Crashes in Pompano Beach, Killing Two
A south Florida sheriff’s helicopter caught fire Monday before crashing into a Pompano Beach apartment building, killing two people and injuring four. The Associated Press, the New York Times and local news outlets reported that the Broward County Sheriff’s rescue …
Read More New Hampshire Workers’ Compensation Rates to Drop 14% in 2024
The New Hampshire Insurance Department (NHID) recently approved a workers’ compensation rate proposal that will reduce voluntary loss costs by 14% on average. The new rates will apply to policies effective starting on January 1, 2024. According to the insurance …
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