INSURANCE NEWS
Guy Carpenter Names Rousseau CEO of EMEA and Global Capital Solutions
Guy Carpenter announced the appointment of Laurent Rousseau to the newly created position of Guy Carpenter CEO of EMEA and Global Capital Solutions, effective September 4, 2023. Rousseau will be located in London and will report to Dean Klisura, Guy …
Navigating the Unknowns with Chatbots and Insurance
Insurers are in the risk business, but how prepared are they for the risks presented by generative AI and chatbots in insurance? On this episode of The Insuring Cyber Podcast, Tim Johnson, partner at law firm Browne Jacobson, discussed how …
Cycling Fatalities Reach 46-Year High
Cyclist fatalities reached a multi-decade high in 2021. According to a recent report from the National Highway Traffic Safety Administration, 966 pedal cyclists were killed in traffic crashes in 2021. That marked the most deaths in one year since 1975. …
Keys Staffing Firm Owner Gets 32 Months for Illegal Worker Tax Violations
The owner of several Key West staffing companies is on his way to prison after a federal judge sentenced him to more than two years for hiring unauthorized alien workers and failing to pay taxes on their wages. Batyr Myatiev, …
Oregon City to Clear Sidewalk Tents to Settle Lawsuit with People With Disabilities
Portland, Oregon will remove tents blocking sidewalks under a tentative settlement in a lawsuit brought by people with disabilities who said sprawling homeless encampments prevent them from navigating Oregon’s most populous city. The federal class action lawsuit, filed in September, …
Finding Ways to Get Polluters to Pay for Climate Damages
The biggest achievement at the annual United Nations climate summit last year was committing to create a fund that would compensate the poorestcop28 for destruction wrought by global warming. One of the questions at the upcoming COP28 summit will be …
Child Sexual Assault Lawsuit Bill Fails to Advance in Pennsylvania
Child sexual abuse survivors pressed Pennsylvania lawmakers Monday to move ahead with opening a two-year window for them to file otherwise outdated lawsuits over their claims, but a partisan fight in the Legislature kept the proposal bottled up with no …
Nevada Insurance Commissioner Petitions to Place Friday Health in Receivership
Nevada Insurance Commissioner Scott Kipper has filed legal action with the Nevada District Court to place Friday Health Plans of Nevada under regulatory supervision. The action will enable Kipper to assume oversight and management of the day-to-day operations of the …
West Texas Dollar General Store Hit With $294K Penalty
A federal workplace safety inspection at another Dollar General store, this time in Lamesa, Texas, found exit routes and walkways blocked and merchandise unsafely stacked, conditions that exposed employees and others to fire hazards and struck-by injuries that have been …
3 Bodies Recovered in Iowa Building Collapse; Lawsuit Accuses City, Owners of Negligence
DES MOINES, Iowa (AP) – The bodies of three men have been removed from the site of a collapsed six-story apartment building in Davenport, Iowa, about a week after part of the century-old structure tumbled to the ground, the city’s …
Skyward Specialty Offering 3.85M in Shares
Skyward Specialty Insurance Group, Inc announced that The Westaim Corporation is offering 3,850,000 shares of the Company’s common stock in an underwritten public offering. In addition to The Westaim Corporation, certain other stockholders (the “Selling Stockholders”) have also granted the …
Hub Acquires Ohio’s HORAN Associates
Hub International Limited announced that it has acquired the employee benefits assets of HORAN Associates, Inc. and HORAN Smart Business, LLC (collectively HORAN Health). Terms of the transaction were not disclosed. With HORAN Health, Hub creates a new regional hub …