Yearly Archives: <span>2023</span>

People Moves: Mikos-Benavides Joins J.M. Wilson; Omaha National Appoints Mackel CFO

J.M. Wilson Hires Mikos-Benavides as Assistant Transportation Underwriter J.M. Wilson, based in Portage, Michigan, has hired Jennifer Mikos-Benavides as assistant transportation underwriter in their Arlington Heights, Illinois office. Mikos-Benavides is responsible for assisting underwriters with a wide variety of new …

Tx. Metal-Plating Company Fined $292K After Workers Exposed to Dangerous Acids

A federal workplace safety investigation of an El Paso jewelry metal-plating finisher found the company again exposing workers to serious hazards, including willfully failing to protect people working with dangerous acids and other chemicals from potentially permanent eye injuries. The …

South Carolina Man Admits to Burning His Car, Filing False Insurance Claim, DOI Says

South Carolina authorities have charged a man with insurance fraud after he reported his vehicle was stolen, then admitted to setting it on fire. Rusty Dale Peeples, 46, was arrested Feb. 24, charged with making a false insurance claim and …

Ryan Specialty Posts 54% Jump in Q4 Net Income

Ryan Specialty reported a 54.6% increase in fourth quarter net income to the same period the prior year, while revenue outpaced Q4 2021 by 14.9%. The Chicago, Illinois-based specialty insurance firm reached fourth quarter net income of $45.8 million, compared …

Exxon Broke Rules With Late Reporting of Methane Leak

Exxon Mobil Corp. failed to initially report a release of the super-potent greenhouse gas methane in the Permian Basin that occurred in early February, violating state rules. The incident at the company’s facility in New Mexico was reported after it …

Architects & Engineers Insurers Seek More Rate Increases: Ames & Gough

According to a new survey from specialty broker Ames & Gough, insurers of professional liability for architects and engineers are planning additional rate increases to keep pace with rising claims costs, a backlog of litigation, worker shortages, and supply chain …

Federal Court Denies Massachusetts Hospital’s Covid-19 Business Insurance Claim

A Massachusetts hospital has been denied its insurance claim for Covid-19 related costs and lost revenues under business interruption and disease contamination provisions of its property insurance policy. U.S. District Judge Nathaniel M. Gorton of the federal court in Boston …

Kentucky Man Dies in WV Coal Mine, First U.S. Mining Fatality This Year

A coal miner has died in an incident in a southern West Virginia mine, Gov. Jim Justice said. William Mapes, 73, of Freeburn, Kentucky, died Sunday, Justice said Sunday in a news release. Mapes had 53 years of mining experience …

Alabama Insurance Agent Charged with $600,000 in Fraud, Elder Exploitation

Authorities have charged an Alabama insurance agent, who formerly worked for Alfa Insurance, with more than $600,000 in fraud, theft and exploitation of the elderly. Bret Chappell, 43, of Warrior, Alabama, was arrested Monday and booked into the Blount County …

Apple Supplier Foxlink ‘Working Hard’ to Resume Production After India Fire

Taiwanese Apple Inc. supplier Foxlink said on Wednesday it is working hard to resume production following a fire at a plant in southern India that halted operations at the maker of iPhone charging cables, sending its stock price down. The …