New Jersey Commissioner of Banking and Insurance Justin Zimmerman has approved a 6.9% statewide average decrease in rates for workers’ compensation and employers’ liability insurance. The new rates will apply to new and renewal policies effective January 1, 2025. The …

Ron Novak joined Alliant Insurance Services, headquartered in Irvine, California, as senior vice president and producer within its employee benefits group. Novak, based in Greater Fayetteville, Arkansas, works with employers across Arkansas, Oklahoma, Missouri, Tennessee, and Texas. Novak has 29 …

The Justice Department announced that it secured a settlement agreement with State Farm resolving the department’s determination that one of State Farm’s corporate offices in Richardson, Texas, violated the Immigration and Nationality Act (INA) when it terminated a worker in …

The U.S. Environmental Protection Agency announced last month a settlement with Underwater Creations Inc. of St. Louis Park, Minnesota, to stop the sale of unregistered pesticide products. The settlement requires the company to stop production and pay a $226,652 penalty. …

Five related entities operating Culver’s restaurants in Michigan violated federal law when they fired a transgender employee and three of his colleagues after they complained about harassment, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit. The EEOC …

Clear Group, the UK independent insurance broker that is owned by Private Equity at Goldman Sachs Alternatives, has entered the wholesale Lloyd’s broker space with the acquisition of Lilley Plummer Risks Ltd., a London-based marine and property specialist. Financial details …

The Hartford and cyber-MGA Coalition announced a strategic, long-term capacity partnership in response to growing customer and broker demand for Coalition’s active cyber insurance approach in the UK market. The new capacity agreement combines the established strength of The Hartford …

The third quarter of 2024 saw a number of significant disaster events, which drove year-to date economic losses above at least $258 billion and insured losses of $102 billion, according to Aon plc in its Q3 Global Catastrophe Recap – …

Nearly 1,000 hurricane-impacted households in North Carolina and Florida will benefit this week from a new disaster aid program that employs a model not commonly used by philanthropy in the United States: Giving people rapid, direct cash payments. The nonprofit …

In the final moments before he took his own life, 14-year-old Sewell Setzer III took out his phone and messaged the chatbot that had become his closest friend. For months, Sewell had become increasingly isolated from his real life as …

North Carolina Gov. Roy Cooper approved more than $600 million worth of disaster relief funding last Friday for western North Carolina counties affected by Hurricane Helene after legislators passed the recovery bill the day before. The bill is the second …

Six months after a North Carolina captive insurance firm for nursing homes around the country accused its managers of poaching proprietary software and forming a competing management company, a federal judge has dismissed the lawsuit. “Plaintiffs have pleaded no factual …