INSURANCE NEWS
Hurricane Alley Hasn’t Been This Quiet in a Quarter Century
The Atlantic crucible of hurricanes hasn’t had a storm all month and if the calm holds it will stand as the quietest August in 25 years. The expanse of ocean between Africa and the Caribbean Sea has only had two …
OSHA Approves Massachusetts Public Sector Worker Safety Plan
The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) recently granted Massachusetts initial approval for a state-run safety and health plan for state and local government workers. The Massachusetts plan covers an estimated 430,000 state and local government …
Reuters: Attacks on Gasfield in Northern Iraq Drive Out U.S. Contractors
A series of rocket attacks on a gasfield in northern Iraq has sent the U.S. contractors working on its expansion packing, dealing a blow to the Kurdish region’s hopes of boosting its revenues and offering a small alternative to Russian …
Worker Fatality at New Hampshire Wastewater Treatment Plant Under Investigation
An electric company employee working on a backup generator project at Keene, New Hampshire’s wastewater treatment plant suffered an injury and died, city officials said. The Hamblet Electric employee was fatally injured on Wednesday morning. Other employees used a defibrillator …
China’s Drought-Hit Regions Now Face Heavy Rains, Flooding
More than 100,000 people have been moved to safer areas by Monday as heavy rains brought flood risks to a region of southwest China that was devastated by a heatwave and drought for most of the summer. Heavy rain was …
Travelers, Policyholder Agree to Void Current Cyber Policy
Travelers and policyholder International Control Services (ICS) jointly filed a stipulation to have a federal court rescind an active cyber insurance policy that the insurer claimed was void due to the insured’s misrepresentation of multi-factor authentication use. According to documents …
People Moves: McGriff Names Thames to Lead Charlotte Ops
McGriff, a major U.S. insurance broker, has named Arkansas-area executive Will Thames to lead its operations in Charlotte, North Carolina. The Truist-owned insurance subsidiary said it has identified Charlotte as an emerging flagship insurance operation. Before joining McGriff, Thames was …
Biz Moves: PCF Acquires Apple Insurance in Florida
PCF Insurance Services (PCF), a brokerage headquartered in Lehi, Utah, has acquired Florida-based insurance broker Apple Insurance and Financial Services. Apple Insurance is an individual health and Medicare insurance agency based in Ft. Lauderdale, Florida, offering access to Florida Blue. …
Study Shows Pollution, Runoff Intensify Red Tide Blooms in Florida Waters
A new study by University of Florida researchers has provided one of the strongest correlations yet, showing that red tide outbreaks in coastal waters are exacerbated by man-made pollution. “There has been this kind of uncertainty about whether there is …
Takeaways from Our Conversation with a Cannabis Investing Pro
Cannabis sales continue to rise, and states continue to legalize it. There may be a few clouds in the cannabis industry forecast, which have some specialty brokers dealing with these challenges. But overall, the outlook for cannabis is upbeat. Sales …
Illinois Contractor Faces $303,000 in Fines for Deadly Workplace Exposures
A Roselle, Illinois contractor with a long history of federal workplace safety violations who currently owes more than $390,000 in penalties, added an additional $303,105 in proposed fines for once again exposing workers to potential deadly fall hazards at a …
3 Injured at Indianapolis Concert
Rapper Wiz Khalifa cut short a concert in suburban Indianapolis as people began fleeing the outdoor venue, leaving three with minor injuries, following a disturbance, police said. People started exiting the Ruoff Music Center in Noblesville about 10:30 p.m. Friday …