Monthly Archives: <span>January 2024</span>

Massachusetts Hospital Still Recovering From Christmas Cyber Incident

A cyber incident that reportedly began on December 24 disrupted the electronic medical records system and caused a Massachusetts hospital to redirect ambulances to other hospitals on Christmas day. Anna Jaques Hospital in Newburyport told WCVB-TV that it was again …

‘Severe Violator’ Ohio Contractor Agrees to $730K OSHA Settlement

The U.S. Department of Labor has reached a settlement agreement to resolve litigation following a March 2022 investigation at a work site in Wheeling that resulted in a dozen citations issued against an Ohio-based contractor with an extensive history of …

Insurer AIG Leads Policy for Japan Airlines Plane Involved in Runway Collision: Sources

U.S. insurer AIG was the lead insurer on a $130 million “all-risks” policy for the Japan Airlines airplane which collided with another plane at Tokyo’s Haneda airport, two insurance industry sources said on Wednesday. AIG declined to comment. All 379 …

Former MMA Attorney Suspended; Texas Judge Approves Temporary Restraining Order Against Law Firm

A former attorney for McClenny Moseley & Associates, who was accused of dishonesty while participating in his law firm’s filing of hundreds of hurricane-damage lawsuits, agreed last month to a nine-month suspension of his law license in a settlement with …

People Moves: Ryan Specialty Appoints Ryan to Board of Directors as Devers Retires

Ryan Specialty Holdings, Inc., headquartered in Chicago, Ill., appointed Pat Ryan, Jr. to its board of directors following the retirement of William J. Devers. Ryan founded two high-growth software as a service (SaaS) companies and cofounded early-stage venture capital firm …

People Moves: Mansfield Joins Alliant in Louisiana; Gleason Joins IMA Financial Group

Alliant Adds Mansfield to Louisiana Team Alliant Insurance Services, headquartered in Irvine, Calif., hired Buzz Mansfield as senior vice president within its Alliant Americas division. Based in Lafayette, La., Mansfield joins Alliant with more than 30 years of experience in …

Alabama Wind Mitigation Grant Application Process Opens for Q1

The application process for another round of Alabama home-fortification grants opened Wednesday, Jan. 3, offering up to $10,000 for homeowners who retrofit their homes to make them more wind resistant. The grants, evaluated on a quarterly basis, will pay 100% …

Alliant Acquires PBC Employee Benefits Division in Oregon

Alliant Insurance Services acquired the employee benefits division of Eugene, Oregon-based PBC Insurance. The PBC employee benefits team will join Alliant and continue serving clients from its Eugene headquarters. PBC also offers property/casualty, life, and financial services, which are not …

Maui Needs Tourists. Can They Visit Without Compounding Wildfire Trauma?

The restaurant where Katie Austin was a server burned in the wildfire that devastated Hawaii`s historic town of Lahaina this summer. Two months later, as travelers began to trickle back to nearby beach resorts, she went to work at a …

A Return to Balance: Brokers Say Reinsurance Renewals Were ‘Stable’

This year’s January reinsurance renewals were described by brokers as “stable,” “predictable,” “orderly,” “calmer,” “disciplined,” with “increased appetites” and a return to supply/demand balance. What a difference in tone from last year’s grueling January renewals. “In a marked change on …