American International Group plans to sell the bulk of Fortitude Re to private equity firm The Carlyle Group and Japanese insurer T&D Holdings for $1.8 billion. Plans call for a newly created Carlyle-managed fund and T&D Holdings to acquire from …
Federal workplace safety officials have proposed $210,037 in penalties against a Missouri contractor protect employees from trench collapse and electrical hazards. The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) inspectors observed workers exposed to trenching and excavation …
A McDonald’s franchise owner with locations in Texas pay $340,000 and furnish other relief to settle a federal sexual harassment lawsuit. The U.S. Equal Employment Opportunity Commission (EEOC) alleged in its lawsuit against Credle Enterprises LLC, which does business as …
Neenah, Wisconsin-based insurer, Jewelers Mutual Group, has added Larry Spicer as vice president of Loss Prevention and Risk Management Services as David Sexton prepares for retirement after 39 years with Jewelers Mutual. Sexton steps down at the end of the …
Dallas-based independent insurance brokerage firm RHSB (Roach Howard Smith & Barton) has hired Cindy Ausmus as account manager in its Personal Client Services department. Ausmus replaced long time employee Liz O’Neall who retired in September. Ausmus has over 30 years’ …
S&P Global Ratings said it revised its outlook on Qatar Insurance Co. S.A.Q. (QIC) to negative from stable, although it has affirmed the group’s “A” rating. When QIC acquired four of Markerstudy’s subsidiaries in 2018, it also purchased the parent-related …
W.R. Berkley Corp. said it has combined two of its healthcare-focused operating units in a bid to strength how it offers their products to customers. BerkleyMed and Berkley Healthcare are now blended into a single operating unit with the Berkley …
Authorities say three people in Florida were killed in a vehicle that collided with an Amtrak passenger train, but no passengers aboard the train were hurt. Palm Beach County Fire Rescue told news outlets the crash happened about 2 p.m. …
Kentucky State Police say a vehicle has struck three workers in a construction zone on the Bluegrass Parkway near Lawrenceburg, Kentucky. A statement from police says it appears that 18-year-old Dillan Waldridge of Willisburg entered the construction zone to avoid …
A Florida woman has been convicted of fraudulently obtaining Hurricane Irma disaster relief money. Court records show that 37-year-old Karen Latrice Houston was convicted by a jury in Tampa federal court this week of three counts of theft of government …
