Yearly Archives: <span>2017</span>

Chubb Launches Commercial Division for SMEs in Asia Pacific

Chubb announced it has formed a division in Asia Pacific dedicated to the risk management needs of small- and medium-sized enterprises (SMEs). This new business division, which is named the Small Commercial Division, focuses solely “on delivering a sustainable value …

Nebraska Bakery Faces $122.6K in Penalties for Multiple Workplace Hazards

The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited Bimbo Bakeries USA for exposing workers to multiple hazards at its Bellevue, Nebraska, commercial bakery. The company faces $122,625 in proposed penalties. Investigators cited the bakery for …

Jury Awards $7.5M to Alabama Man Injured at Walmart

An Alabama man who said he tripped and broke his hip while buying a watermelon at a Walmart store has won a $7.5 million verdict in his lawsuit against the retailer. Henry Walker on Wednesday was awarded the damages after …

Uber, Tech Firms Helping Their Contract Workers Sign onto Obamacare

Uber Technologies Inc. and some smaller technology companies are launching campaigns to publicize Obamacare enrollment among their contract workers after the Trump administration slashed government marketing for the health program by 90 percent. Freelance and contract workers are an important …

Global Regulators Expected to Drop ‘Too Big to Fail’ Test for Insurers

Global financial regulators have decided to ditch a “too big to fail” gauge for assessing the riskiness of insurers, according to a source briefed on the matter, in a big win for companies such as American International Group and Prudential …

Crew Worker at Florida Retirement Community Killed by Explosion

Authorities say a man was killed in an explosion at a Florida work site. The Palm Beach Post reports that blast occurred Friday afternoon in a Boynton Beach retirement community. The Palm Beach County Sheriff’s Office says a crew had …

Worried About Hackers, States Turn to Cyber Insurance

As the threat from hackers and cybercriminals intensifies, a growing number of states are buying cyber insurance to protect themselves — and taxpayers. “It’s expensive. It’s a big budget item for us. But it’s absolutely worth it,” said Michael Hussey, …

Pinnacol in Colorado to Drop Workers’ Comp Rates 7.4% in 2018

The Pinnacol Assurance board has approved a 2018 decrease in workers’ compensation rates that will average 7.4 percent for the insurer’s 57,000-plus Colorado policyholders. The decrease will become effective Jan. 1, 2018, and will make for the third straight year …

Houston Grand Jury Indicts 3 in Federal Workers’ Comp Fraud Scheme

A federal grand jury in Houston has returned a, indictment against three people, including two siblings, charging them with conspiracy to commit wire fraud, kickbacks and money laundering connected with an alleged federal workers’ compensation fraud scheme, according to the …

Indiana County Facing $8M Payout to Settle Suits Against Employees

A northwest Indiana county may pay more than $8 million to settle several lawsuits against county employees that allege misconduct and negligence led to several injuries and deaths. The Lake County Council received a list of cases on Nov. 9 …