Beacon Mutual’s New CEO Spero: ‘We’re Within an Hour of Every Policyholder’ August 4, 2017 By Elizabeth Blosfield The board of directors of Beacon Mutual Insurance Company, a Warwick, R.I.-based workers’ compensation carrier, has elected Brian Spero as...
Liberty Mutual Reports Q2 Results Including Ironshore Impact August 4, 2017 Liberty Mutual Holding Co. Inc. reported net income $126 million for the three months ended June 30, 2017, an increase...
Arizona Launches Campaign on Flooding Danger August 4, 2017 Arizona officials are launching a campaign to make Arizonans aware of the year-round risk of flooding, particularly during the monsoon....
Challenge to Seattle’s Ridesharing-Union Law Dismissed August 4, 2017 By Gene Johnson A judge has dismissed one challenge to Seattle’s first-in-the-nation law allowing drivers of ridesharing companies such as Uber and Lyft...
Hub Acquires Assets of California-Based East West Insurance Services August 4, 2017 Hub International Ltd. has acquired the assets of Pasadena, Calif.-based East West Insurance Services Inc. Terms of the deal were...
Evacuations Remain in Effect After Pennsylvania Freight Train Derailment August 4, 2017 Evacuations remain in effect for residents of a small Pennsylvania town following a freight train derailment. CSX says it’s unclear...
Cause of Pennsylvania Home Explosion Still Unknown August 4, 2017 The National Transportation Safety Board has not identified the cause of a Pennsylvania home explosion that killed a utility worker...
Virginia Man Gets Life Without Parole for Killing Son for Insurance August 4, 2017 By Matthew Barakat A Virginia man convicted of murdering his 15-month-old-son to collect on life insurance was sentenced Tuesday to life in prison...
Captive Insurers Repeat Strong Financial Performance: A.M. Best August 4, 2017 U.S. captive insurance companies rated by A.M. Best ended 2016 in strong form, with a 16 percent year-over-year increase on...
Several States See Drop in Opioid-Related Workers’ Compensation Claims: WCRI August 4, 2017 As states institute opioid policies to address the opioid epidemic, a new study has found considerable decreases in the prevalence...