March 1, 2021
An Ohio roofing contractor has been cited for the sixth time since 2012 by federal workplace safety regulators for failing to ensure workers used required fall protection equipment. The U.S. Department of Labor’s Occupational Safety and Health Administration cited Ivan …
March 1, 2021
Justin Smith, Jing Hong, Joan Klucarich and Jordan Comacchio have been promoted at Omaha, Nebraska-based global insurance and risk services firm Applied Underwriters, which is expanding its actuarial faculty and resources. Smith was named chief underwriting officer; Hong, chief actuary; …
March 1, 2021
Surplus lines premium continues its steady rise in Texas, with $613.58 million recorded in January, and increase of 13.6% compared with January 2020, according to the Surplus Lines Stamping Office of Texas (SLTX). Many lines of business increased over the …
March 1, 2021
With GEICO’s 2020 underwriting profit more than doubling above the level recorded in 2019, Berkshire Hathaway’s full-year property/casualty underwriting income was in the black, even though the conglomerate’s P/C reinsurance units saw underwriting losses in both years. Taken together, $3.4 …
March 1, 2021
Steinhoff International Holdings NV is in talks with the providers of director liability insurance policies about help settling legal claims resulting from a 2017 accounting crisis that took the South African retailer to the brink of collapse. An agreement with …
March 1, 2021
Former Credit Suisse Group AG Chief Executive Officer Tidjane Thiam raised $300 million for his blank-check company after boosting the size of the deal. Thiam’s Freedom Acquisition I Corp. sold 30 million units at $10 apiece in its U.S. initial …
March 1, 2021
More than half of all workplace discrimination complaints filed with the U.S. involve retaliation, according to figures from the Equal Employment Opportunity Commission (EEOC). Retaliation was the most frequently cited claim in charges filed with the agency—accounting for 55.8 percent …
March 1, 2021
The Massachusetts Appeals Court has found that a worker can’t charge his workers’ comp insurer for the cost of medical marijuana treatment due to a work-related injury. This comes after Mark T. Delano initially sought compensation for his medical marijuana …
March 1, 2021
A Clark County, Wash., woman has filed a lawsuit against the city of Vancouver claiming that poor sidewalk maintenance contributed to her brother’s death more than a year ago. According to the suit, filed in Clark County Superior Court on …
March 1, 2021
A hotel in Roseburg, Oregon, has been fined $31,000 for overcharging dozens of area residents who sought rooms after fleeing a large wildfire in September. The News-Review reports SUBH Investment LLC, which does business as Days Inn by Wyndham in …