Fitch’s Reinsurance Outlook Remains Negative, Despite Entry into Hard Market Phase September 11, 2020 By Adrian Leonard Fitch Ratings said yesterday its ratings outlook for companies in the global reinsurance sector will continue to remain negative as...
West Virginia Hospital Settles Whistleblower Suit for $50M September 11, 2020 By John Raby A financially strapped West Virginia hospital has agreed to pay the federal government $50 million to resolve claims that it...
OSHA Cites Smithfield Foods For Lax Coronavirus Safety for Meat Plant Workers September 11, 2020 By Tom Polansek and P.J. Huffstutter The U.S. Labor Department said on Thursday it cited Smithfield Foods for failing to protect employees from the coronavirus, making...
EU Wants Better Self-Regulation by Facebook, Google, Twitter; Plans Liability Changes September 11, 2020 By Foo Yun Chee Two years after agreeing to a self-regulatory code of practice to tackle disinformation, Facebook, Alphabet’s Google, Twitter and other tech...
Summer Storms Bring Alberta’s Tab for Severe Weather Insurance Claims to $2 Billion September 11, 2020 Severe weather events have hit Alberta hard over the spring and summer months. Four events from April to August brought...
Report Urges Urgent Action from Financial Regulators to Address Climate Change September 10, 2020 By Don Jergler Yet another report in a long line of reports is out urging urgent action from financial regulators, including insurance regulators,...
Cal/OSHA Cites Food Manufacturer, Staffing Firm for Not Protecting Workers from COVID September 10, 2020 Cal/OSHA has issued citations to frozen food manufacturer Overhill Farms Inc. and its temporary employment agency Jobsource North America Inc....
IMA Select Acquires Phillip Gira Insurance Agency in Colorado September 10, 2020 IMA Select has completed its acquisition of Phillip Gira Insurance Agency in Denver, Colo.’s Glendale/Cherry Creek area. Inga Phillip, who...
Texas Reminds Insurers, Agents of Data Accuracy Responsibilities September 10, 2020 The Texas Department of Insurance has issued a bulletin reminding all regulated entities, their agents, and their representatives that they...
North Carolina Hospital System Investigating Cyberattack Against Software Vendor September 10, 2020 A cyberattack against an international software company includes a database breach which may have compromised personal information, a North Carolina...