The Oregon Occupational Safety and Health Division fined a Bend construction company $103,438 for repeatedly violating a requirement to provide protective systems to safeguard workers from fall hazards. The division cited Sky Ridge Construction LLC following an inspection that focused …
The Oregon Division of Financial Regulation reached a settlement agreement in principle with a cryptocurrency asset platform for violating state securities regulations. The group of affiliated companies known as Abra — Plutus Financial Holdings Inc., Plutus Financial Inc., Plutus Lending …
California’s Department of Industrial Relations is beefing up a statewide effort to recruit inspectors and investigators throughout California to more thoroughly enforce labor and workplace laws. The DIR is hiring enforcement staff for Cal/OSHA and the Labor Commissioner’s Office under …
Former licensed insurance agent Brett E. Lovett, 53, of Camarillo, California, was found guilty of 29 felony counts including grand theft, elder abuse, money laundering, and burglary after a 15-month California Department of Insurance investigation reportedly found he defrauded at …
Baltimore Bridge Collapse “While the total cost of the bridge collapse and associated claims will not be clear for some time, it is likely to run into the billions of dollars.” – Said Matilde Jakobsen, senior director, analytics, AM Best, …
Fleet Trucking Program Market Detail: Futuristic Underwriters Inc. offers a fleet trucking program that includes auto liability, auto physical damage, cargo, and general liability. This program is focused on fleets that use modern telematics technology in their trucks. Our experienced …
National Lockton Re, the reinsurance business of independent insurance broker Lockton, added Brian Lewis as senior broker, leading the Cyber practice for North America. He is based in Lockton Re’s New York office. Lewis has over 20 years of insurance …
Executives at carriers and reinsurers that announced reserve loss charges taken during fourth-quarter 2023, and even at some that did not, discussed the “problematic accident years” and lines of business, drawing their own comparisons to prior reserving cycles, and specifically …
National Risk Strategies, H.W. International Global specialty brokerage Risk Strategies reported it has acquired the U.S. and Canadian operating entities of global insurance holding company, H.W. International B.V. Based in New York City, Hugh Wood Inc. (U.S.) provides commercial lines, …
A small earthquake shook the Southern California desert Saturday near Coachella, where the famous music festival was being held this weekend. No damage or injuries were reported. The quake, with a preliminary magnitude of 3.8, hit at 9:08 a.m. about …
