INSURANCE NEWS
License Pulled for Utah Boarding School Where Paris Hilton Says She Was Abused as Teen
Utah revoked another campus license on Friday for the boarding school where Paris Hilton said she was abused as a teenager, marking a major victory in the hotel heiress’ yearslong effort to get the school shut down. The Utah Department …
Texas Hill Country Floods Test New Warning Systems After Last Year’s Deadly Disaster
After deadly floods killed more than 100 people in Texas’ Hill Country last July, officials vowed major changes in hopes of preventing the failures that contributed to the high death toll. They promised better flood warning systems, tighter safety rules …
Yemen’s Houthis to Impose Maritime Blockade on Saudi Arabia
The Houthis, an Iran-backed Yemeni group, said they would impose a maritime blockade on Saudi Arabia, putting at risk the flow of millions of barrels that the kingdom exports via the Red Sea. The blockade is in response to what …
New Jersey E-Bike Registration, Insurance Requirements Now in Effect
Sunday July 19 was the deadline for most New Jersey electric bicycle owners to register their e-bikes and obtain liability insurance required under a new law. New Jersey’s new e-bike law classifies all e-bikes principally garaged in the state as …
Private Equity Backing AGI, an AI-Enabled Platform for Faster Brokerage Growth
Despite growing concerns about private-equity-backed ventures and the use of artificial intelligence, an Atlanta-based firm said it has launched an AI-enabled platform designed to help insurance brokerage partners grow at faster rates. American Growth Insurance (known as AGI) announced last …
Viewpoint: Do Heart Attack Patients Have More Micro and Nanoplastics in Their Blood?
Microplastics are a big environmental issue. They’ve been found in oceans, drinking water, seafood, the air we breathe, and increasingly throughout the human body, from the placenta to the brain. A new study by researchers in Italy, published in the …
Dynacom Vessel Catches Fire Near Oman After Projectile Hit
A vessel operated by Greek shipping firm Dynacom caught fire after it was struck by an unknown projectile 8 nautical miles northwest of Oman’s Kumzar overlooking the Strait of Hormuz, maritime security officials said on Monday. It is the latest …
US Strikes Iran for Ninth Day; Iran Says Two Oil Tankers Were Hit in Strait of Hormuz
U.S. forces hit Iran for a ninth consecutive day on Monday as concerns grew over shipping through the Strait of Hormuz after Iran said two oil tankers had exploded and been immobilized. The Islamic Revolutionary Guard Corps said on Monday …
UK Financial Services Firms Sharpen Staff Scrutiny as New Misconduct Regime Looms
Financial firms in Britain are sharpening their focus on employee conduct, with some weeding out staff suspected of misconduct such as harassment and bullying ahead of new rules designed to curb an industry lawmakers have called a hotbed of abuse …
Ohio-Based Toy Manufacturer Sued for Discrimination and Retaliation
Step2 Company, LLC, a toy and plastic products manufacturer with plants in Northern Ohio, violated federal law by failing to provide reasonable accommodations to a pregnant employee with disabilities and firing her, the U.S. Equal Employment Opportunity Commission (EEOC) charged …
People Moves: Cottingham & Butler Expands Property & Casualty Leadership
Cottingham & Butler, a privately held insurance broker based in Dubuque, Iowa, announced a series of leadership appointments across its Property & Casualty business, reinforcing the firm’s specialized expertise and its commitment to industry-leading insurance brokerage services. Mark Roling has …
Texas Big Rigs Parts Distributor Faces $264K Fine After Worker Fatality
The U.S. Department of Labor has cited a Texas big rig parts distributer for 16 serious safety violations after an investigation into a worker fatality found the company exposed workers to confined space and other safety hazards. The department’s Occupational …