INSURANCE NEWS

Minnesota Environmental Reviews Now Include Climate Impact

MINNEAPOLIS (AP) – Minnesota environmental regulators are now requiring developers to calculate projects’ effects on the climate. The state’s environmental review process requires regulators to consider a project’s potential impact on the land, air, water and animals. Minnesota Public Radio …
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Texas’ ERCOT Given Federal Permission to Exceed Air Quality Limits

The U.S. Department of Energy has cleared the way for Texas power plants to pollute more than is usually allowed, such as by burning dirtier fuel oil instead of natural gas, to keep the electricity on through Christmas morning. The …
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Arthur J. Gallagher & Co. Acquires Illinois’ ROC Group

Arthur J. Gallagher & Co. announced the acquisition of Chicago-based ROC Group. Terms of the transaction were not disclosed. Founded in 1998, ROC Group is an employee communication agency specializing in human resources and enterprise change solutions for clients across …
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Oklahoma Piping Inspection Company to Pay $250K EEOC Fine

American Piping Inspection, Inc. (API), an Oklahoma-based testing and piping inspection services company, agreed to pay $250,000 and to provide other substantial equitable relief to resolve a discrimination and retaliation lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), …
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Hilb Acquires OceanPoint Insurance in Rhode Island

National broker The Hilb Group reported it has acquired Rhode Island-based OceanPoint Insurance, building upon its presence in the New England region. OceanPoint is based in Middletown, and has additional offices in Barrington, Coventry and Tiverton. The independent agency has …
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Alabama Landfill Still Burning After a Month, Shrouding City in Smoke

An underground fire has been raging at an environmental landfill near Birmingham for almost a month, covering Alabama’s largest metro area with smoke. Now, state officials, local fire departments and county commissions are trying to determine the next steps and …
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Former California Insurance Agent Sentenced After Embezzling Clients’ Premium Payments

Anaiza Villarreal Lopez, 30, of McFarland, California was sentenced in Kern County Superior Court on one count of grand theft by embezzlement after pocketing clients’ premium payments and leaving several of them uninsured. After receiving a complaint, the California Department …
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Maritime Liability Rules Changed After Deadly 2019 California Boat Fire

Federal lawmakers have changed 19th-century maritime liability rules for accident victims and their families in response to the 2019 boat fire off the coast of Southern California that killed 34 people. The Small Passenger Vessel Liability Fairness Act was included …
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Washington Contractor Fined $400K for Repeat Fall Protection Violations

The owner of a Washington state framing company is facing nearly $400,000 in fines for allegedly allowing crew members to work high above the ground without fall protection, according to the state Department of Labor and Industries. Genesis Framing Construction …
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Japan’s LNG Buyers Assess How Insurance Halt Will Affect Supplies

Japan’s buyers of Russian liquefied natural gas are assessing how imminent changes to shipping insurance — triggered by the ongoing war in Ukraine — will affect supplies from the key Sakhalin-2 project in Russia’s Far East. Three Japanese insurance companies …
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Why Remote Work Will Continue in 2023

If the U.S. job market continues to weaken next year, companies will be emboldened and may pull back on letting employees work remotely. Executives generally fall into two camps on working from home, which surged during the pandemic when workers …
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Key Biden Administration Labor Policies Will Face Legal Challenges in 2023

The Biden administration and a Democrat-led U.S. labor board will implement a series of major employment policies in 2023 but could be stymied by challenges from business groups and Republican-led states that have criticized the measures. The following rules are …
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