The most challenging January reinsurance renewals in nearly two decades saw global property catastrophe rate increases of 25% to 60% with loss-affected clients facing even higher prices, according to John Doyle, president and chief executive officer of Marsh McLennan Cos. …
Risk Strategies, a national insurance brokerage, acquired Florida’s Tanenbaum-Harber, a risk management and insurance advisor. Based in Miramar, Florida, Tanenbaum-Harber traces its beginnings to 1860, the companies said in a news release. It is considered one of the largest independent …
Manhattan District Attorney Alvin Bragg, Jr. within the past week announced two separate indictments alleging workers’ compensation fraud, one totaling $7 million in premiums and the other, $3 million. In one case, Juan Escobar, and his drywall and carpentry companies, …
A worker fell to his death on a ship at the Port of Los Angeles, authorities said. He fell about 50 feet from an upper deck to a lower one shortly before 5 p.m. on Wednesday, the Los Angeles Fire …
Dollar General Corp. is once again facing stiff penalties for workplace safety violations, this time in Florida and Alabama. The U.S. Department of Labor said that just weeks after the nationwide chain of discount stores was hit with citations for …
One of the largest providers of workers’ compensation insurance in Kentucky has a new home. Or, rather, a home – its first physical headquarters. The Kentucky Associated General Contractors Self Insurers’ Fund has brought all operations in-house, added staff and …
Insurtech Send Announces Senior Hire for North American Expansion Insurtech Send Technology Solutions Ltd. has appointed New York-based Charlie Riley as vice president of marketing, North America, following a $10 million Series A funding round in November 2022. This is …
After 18 years, a $1.5 billion project was officially completed to repair the sprawling dike around Florida’s Lake Okeechobee that protects thousands of people from potentially catastrophic flooding during hurricanes. The Herbert Hoover Dike project overseen by the U.S. Army …
As the nation reels from a week of high-profile shootings, a new report on mass attacks calls for communities to intervene early when they see warning signs of violence, encourages businesses to consider workplace violence prevention plans and highlights the …
Last year was a tale of two halves for insurance mergers and acquisitions. OPTIS Partners reports 987 agency mergers and acquisitions were announced in 2022 – down 8% from 2021. A significant rise in interest rates and economic uncertainty may …
