May 31, 2022
This post is part of a series sponsored by InsurBanc. Career aspirations are often guided by maximizing one’s income. Highly effective and successful employees earn an ever-increasing wage and grow their income as they continue to succeed. But, if an …
May 31, 2022
The credit ratings of Randall & Quilter Investment Holdings and its subsidiaries have been revised to under review, negative, from developing by AM Best. The ratings revision was issued after R&Q announced that its acquisition by Brickell PC Insurance Holdings …
May 31, 2022
AM Best reported Friday that first-quarter net underwriting income for the U.S. property/casualty industry rose 4.6% to $3.3 billion. Explaining the result, AM Best said that a 10.5 percent jump in net earned premiums and a 39.7% drop in policyholder …
May 31, 2022
The Minneapolis City Council has approved $1.2 million in legal settlements with two people injured by police during protests following the death of George Floyd at the hands of officers two years ago. The settlements with St. Paul resident Virgil …
May 31, 2022
Konos, Inc., a Michigan-based egg producer, will pay $175,000 and provide other relief to settle a sex discrimination and retaliation lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the agency announced today. The EEOC charged that Konos violated …
May 31, 2022
Keystone, a participant-owned insurance agency network, added Milam Felker Insurance Services, Inc. of Odessa, Texas, to its growing network of Texas agencies. Jack Milam originally founded the agency in 1965. The agency prospered as West Texas experienced tremendous growth in …
May 31, 2022
A Louisiana restaurant admitted that it violated federal law when it fired and then later refused to rehire a worker because she was pregnant as part of federal court resolution with the U.S. Equal Employment Opportunity Commission, the EEOC announced. …
May 31, 2022
Pilot disorientation is listed as a probable cause of the 2019 small plane crash that killed five people in south Louisiana. The Advocate reports that the National Transportation Safety Board report on the crash said the pilot likely experienced “spatial …
May 31, 2022
Seventeen years after Hurricane Katrina flooded New Orleans, the Army Corps of Engineers has completed an extensive system of floodgates, strengthened levees and other protections. The 130-mile (210-kilometer) ring is designed to hold out storm surge of about 30 feet …
May 31, 2022
Verizon released its 15th annual report on data breaches last week, finding that ransomware attacks increased by 13 percent in a single year—representing a jump greater than the prior five years combined. The Verizon Business 2022 Data Breach Investigations Report …