INSURANCE NEWS
Kentucky Schools Adding More Electric Buses Thanks to EPA Grants
Blue Bird Corp., one of the largest and oldest makers of school buses, has fully embraced electric vehicles and will soon provide 13 electric buses to a Kentucky school district. Bowling Green Independent School District said the purchase of the …
Social Security Demands Billions From Workers’ Comp Recipients, Others for Overpayments
The Social Security Administration is trying to claw back billions of dollars in disability overpayments, many of them made to people who received workers’ compensation payouts for injuries, an analysis has found. KFF Health News, part of the Kaiser Family …
Takeaways from Our Conversation on Michigan Cannabis Sales
Michigan cannabis sales are a great story. Sales there reached another record in July, hitting $277 million for the month, and look to head well over $3 billion for the year. What’s going on there? The state is still fairly …
Ohio Trucking Company Faces Lawsuit for Harassing and Terminating Gay Mechanics, EEOC Alleges
An Ohio trucking company violated federal law by subjecting two gay mechanics to harassment and termination because of their sexual orientation and retaliated against them for opposing or complaining about the harassment, the U.S. Equal Employment Opportunity Commission (EEOC) charged …
People Moves: Alliant Hires Montgomery as VP, Employee Benefits Group
Alliant Insurance Services Hires Montgomery as VP, Employee Benefits Group Brian Montgomery has joined Alliant Insurance Services as vice president within its employee benefits group in Houston, Texas. Montgomery joins Alliant, based in Irvine, Calif., with over a decade of …
Texas Universities Grapple with Implementation of Controversial DEI Ban
The Texas A&M University System issued staff guidance earlier this month on how to comply with the state’s ban on diversity, equity and inclusion initiatives, providing a first glimpse into how Texas universities are navigating the thorny implementation of the …
Markets/Coverages: Specialty MGA Nirvana Launches European W&I Binder
Nirvana, the London-based media, tech and cyber managing general agent (MGA), has launched its new European SME Warranty and Indemnity (W&I) binder. The team has a total available line size of €20 million ($21.4 million), in partnership with a handful …
US Authorities Scrutinize if Credit Suisse Misled Investors Before UBS Rescue: Filing
U.S. authorities are seeking evidence from Credit Suisse to assess whether the bank misled investors about its financial health as it teetered towards a state-backed rescue by UBS six months ago. Credit Suisse “has received requests for documents and information” …
Private Prison Firm Pays Mississippi $5 Million After Audit Found Understaffing Issues
JACKSON, Miss. (AP) — A Utah-based private prison company has returned $5.1 million to the Mississippi Department of Corrections after an investigation found it failed to provide enough workers at one of the prisons it was operating, state Auditor Shad …
Maine House GOP Leader, a Lobsterman, Survives Boat Capsize and Sinking
Like most lobstermen, the Maine House Republican leader scrambled to complete his work ahead of the remnants of Hurricane Lee. Rep. Billy Bob Faulkingham was rushing home from sea when a giant wave rose up, seemingly from nowhere, and towered …
OSHA Fines Georgia Silo Operator for Safety Violations After Suffocation of Worker
The death of a worker who suffocated in a Georgia grain silo could have been prevented had the employer not violated safety regulations, federal officials say. That finding results from the U.S. Occupational Safety and Health Administration investigation into the …
‘Talking Shops’ and Too Little Action Hamper City of London Reboot: Analysis
When London’s Lord Mayor called recently for the creation of a new council to lead reform of Britain’s flagging financial services sector, a deep sense of déjà vu eclipsed the City. For many, the proposal served as a reminder of …