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

People Moves: Liberty Mutual Names Haase CFO; Peirce to Retire

Julie Haase has been named executive vice president and chief financial officer of Liberty Mutual Insurance, effective Jan. 1, 2025. Haase is currently executive vice president, executive managing director and chief operating officer of Liberty Mutual Investments. She joined Boston-based …

FTC Looking Into Targeted Pricing Based on Personal Data

The U.S. Federal Trade Commission has launched a study of products that could allow companies to set different prices for consumers based on their locations, past purchases, and other personal data. The agency said on Tuesday it had ordered Mastercard, …

Russian Commodities Aren’t Safe in Red Sea as Houthis Attack

Yemen’s Houthi militants have attacked more merchant ships hauling Russian commodities than products from anywhere else in the world, highlighting the limits of safe-passage assurances that the rebels gave Moscow earlier this year. Back in January and March, the Houthis …

Penn National Can’t Avoid Asbestos Coverage Payout, SC Supreme Court Says

Pennsylvania National Mutual Casualty Insurance Co. cannot escape the long tail of asbestos, and must cover part of the litigation losses for an asbestos installation company that went out of business more than 30 years ago, the South Carolina Supreme …

William & Mary to Expand Climate Studies, Coastal Research with $100 Million Gift

William & Mary has received a $100 million donation that aims to help the world’s coastal communities adapt to changing temperatures, rising seas and more intense storms, the university announced Wednesday. The gift from Virginia philanthropist Jane Batten is the …

ZestyAI Receives Texas Approval to Use Severe Convective Storm Products

ZestyAI, a provider of climate and property risk analytics solutions powered by artificial intelligence (AI), announced it has received approval for use in rating and underwriting from the Texas Department of Insurance for its complete suite of Severe Convective Storm …

Minnesota Medical Staff Company Ordered to Pay $336K in Back Wages

A Minnesota medical staffing company will pay $336,000 in back wages to nearly 1,000 employees after an investigation found the company charged its workers fees for missed or cancelled shifts. The Minnesota Department of Labor and Industry (DLI) has entered …

Painting Contractor Cited by OSHA After Worker Falls 80 Feet from Water Tower

A New Jersey contractor whose employee fell 80 feet to the bottom of a Bayville water tower has been cited by the federal Occupational Safety and Health Administration (OSHA) for allegedly failing to provide required safety equipment that could have …

California Indoor Worker Heat Protections OK’d and in Effect

California’s indoor heat protections were approved and went into effect this week. The rules apply to most indoor workplaces. Employers are required to adopt safety measures that go into effect in most cases when indoor temperatures reach 82°F to prevent …

PCF Acquires Texas’ Montalvo Insurance Agency

PCF Insurance Solutions announced it has acquired the insurance business of Weslaco, Texas-based Montalvo Insurance Agency. Montalvo offers personal and commercial insurance coverage including homeowners, auto, general and professional liability, workers’ compensation and bonds. “Having served its southern Texas community …