INSURANCE NEWS
Suit Alleges Services Outsourcing Firm Discriminated Against Blind Employee at Texas Call Center
The Results Companies, LLC, a services outsourcing firm, violated federal law when it refused to provide a reasonable accommodation for a blind call center employee and then fired her, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit. …
Maryland Joins in Suing Dali Ship Owner, Operator for Baltimore Bridge Collapse
The state of Maryland is suing the owner and operator of the Dali cargo ship that caused the collapse of Baltimore’s Francis Scott Key Bridge in March, joining the U.S. government, the families of six workers killed in the tragedy, …
Aon Launches US Severe Convective Storm Model
Just a few weeks after unofficially announcing that a new catastrophe model was in the works, Aon officially announced the launch of a model to analyze U.S. Severe Convective Storms this week. Paul Shedden, head of global analytics– insurance and …
As E&S Market Growth Hits New Heights, Some Risk May Be There to Stay: AM Best
In 2023 the U.S. surplus lines market for the first time surpassed the $100 billion mark in direct premiums written, and some of the risk that has found non-admitted insurers might stay there beyond an eventual turn in the market …
SURE and SageSure Launch Non-Admitted Business Owners Policy in California
SureChoice Underwriters Reciprocal Exchange in partnership with SageSure launched a non-admitted business owners policy in California. The program will service more than 400 business classes across eight industries, including restaurants, offices, wholesale, habitational, lessor risks, retail, service, and artisan contractors. …
From Architects to Agents: Skiados Hired as PIA Chief Executive
The National Association of Professional Insurance Agents (PIA) named Michael Skiados as CEO following an extensive search process. He will join the organization on October 15. “Mike’s ability to transform the member experience, combined with his operational expertise, will create …
Extreme Canada Weather Causes Record $5.7 Billion Insured Damage
An onslaught of four natural disasters caused C$7.1 billion ($5.3 billion) of insured losses across Canada in just two months — more than any other summer on record. In July and August, a ballistic hailstorm tore through cars and buildings …
Last of Eight Bulls Eyed Escaping From Mall Rodeo Recaptured: Video
First responders in a Massachusetts city had to exercise some impromptu roundup skills when eight bulls escaped from a rodeo being held in the parking lot of a mall on Sunday. Video posted online captured the moment when the bulls …
Florida’s Big Bend Braces for Third Hurricane in a Year as Helene Gains Strength
Florida’s Big Bend region on the northern Gulf Coast is bracing for yet another hurricane, the third in the last 13 months. Wind speeds for what could soon be Hurricane Helene are forecast to reach up to 115 mph, higher …
Road Work Inspector Who Survived Baltimore Bridge Collapse to File Claim
It was just another overnight shift for Damon Davis, a road construction inspector who was supervising repairs on Baltimore’s Francis Scott Key Bridge — until the deck beneath his feet started crumbling. He ran for his life and, miraculously, made …
12 University Lacrosse Players Diagnosed With Rare Muscle Injury After Workout
A dozen Tufts University men’s lacrosse players have been diagnosed with a rare muscle injury after participating in a voluntary, supervised 45-minute workout that the team conducted, a university spokesperson said Friday. Five of the players who have been diagnosed …
Ex-Twitter Worker Wins Musk Layoff Pay Fight, Memo Says
Elon Musk lost a legal fight over unpaid severance to a former Twitter employee who was laid off when he took over the social media platform in 2022, according to a memo obtained by Bloomberg News. The resolution of the …