Monthly Archives: <span>May 2018</span>

Texas Surplus Lines Stamping Office Sees Drop in Late Filings

The Surplus Lines Stamping Office of Texas (SLTX) reported that the number of surplus lines policies filed with SLTX after the filing deadline has decreased since the start of the SLTX late filers outreach program. In 2017, 993 brokers filed …

Aon Appoints Lambrou Global Chief Commercial Officer, CEO of Global Specialties

Global insurance broker Aon announced the appointment of Lambros Lambrou to the new role of global chief commercial officer and CEO of Global Specialties for the firm’s commercial risk business. Lambrou has worked within the risk management industry for three …

Drive to Autonomous Vehicles Slows After Series of Accidents

A series of high-profile accidents involving self-driving cars are slowing the mad rush into the autonomous vehicles business, according to a report issued Wednesday. The accidents, some of them fatal, have ignited a debate about how to regulate the safety …

Facebook Loses Bid to Delay EU Data Privacy Suit

Ireland’s High Court has refused a request by Facebook to delay referral to Europe’s top court of a landmark privacy case that could strike down legal instruments used by U.S. tech companies to transfer EU users’ data to the United …

Instructor Sues Oregon University over Racial Discrimination

An instructor has filed a lawsuit against Northwest Christian University in Eugene, Ore. alleging the school wrongly fired him while he was on medical leave because of work-related stress. The Register-Guard reports Johnny Lake, a black man, says he lost …

3 Small Earthquakes Occurred off Southern California Ocean

Several minor earthquakes well offshore have lightly shaken some Southern California coastal communities, according to the U.S. Geological Survey. The quakes occurred before dawn Tuesday near the southern end of San Clemente Island, more than 60 miles off the mainland. …

California Supplement Seller to Settle Pregnancy Discrimination Suit

Tarr Inc. and Zenith LLC, a San Diego Calif.-based company that sells dietary supplements, will pay $50,000 and provide other relief to settle a pregnancy discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission, the federal agency announced today. …

Brown & Brown to Acquire Servco Pacific in Hawaii and Northwest

Brown & Brown Inc. has entered into an agreement to acquire the Servco Pacific Insurance operations in Hawaii and the Pacific Northwest. The transaction is expected to close in June 2018, subject to certain closing conditions. Terms were not disclosed. …

The Hartford Reports Big Profit Gain in Q1; Record New Commercial Business

The Hartford reported a big rise in net income for the 2018 first quarter, crediting improved overall underwriting results, lower catastrophe losses, a boost in net investment income and tax reform. Net income for the quarter came in at $597 …

Amazon, Lowe’s, Tesla Make ‘Dirty Dozen’ Unsafe Workplace List

Amazon, Lowe’s and Tesla are among the firms on a list of employers with unsafe workplaces published by a federation of labor, health and safety groups. The National Council for Occupational Safety and Health (National COSH) released its annual “The …