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NTSB Report Casts Doubt Truck’s Steering Locked in Crash That Killed Arizona Cyclists

A newly released report on a fatal crash involving a pickup truck and a group of cyclists last year near Phoenix, Ariona, casts doubt about the driver’s claim that the vehicle’s steering locked up. The National Transportation Safety Board released …

People Moves: Marsh McLennan Names Liston US, Canada Chief Commercial Officer

Marsh McLennan, headquartered in New York, appointed David Liston as U.S. and Canada chief commercial officer (CCO) effective immediately. Liston previously served as Marsh U.S. and Canada corporate segment leader, and recently had an expanded role across Marsh and Mercer, …

Marsh McLennan, Ukraine, Lloyd’s Expand Insurance Facility for Non-Military Shipments

Insurance broker Marsh McLennan, the Ukrainian government and Lloyd’s have announced a major expansion of the Unity insurance facility – a public-private partnership originally launched in November 2023 to provide war risk insurance for grain shipments and other critical food …

State Farm Sets Another Record With $14B Underwriting Loss in 2023

A year after recording the largest underwriting loss in the company’s 100-year history, State Farm eclipsed it in 2023. The underwriting loss figure climbed to $14 billion for 2023, with a nearly $5 billion underwriting loss for property lines outpacing …

UnitedHealth Says ‘Blackcat’ Group Behind Recent Hack

UnitedHealth Group said on Thursday the recent cyberattack at its tech unit, Change Healthcare, was perpetrated by hackers who identified themselves as the “Blackcat” ransomware group. The statement confirms a Reuters report on Monday. UnitedHealth had initially blamed a “suspected …

Sierra Club Testing Finds High Levels of ‘Forever’ Chemicals in Water in NE Tennessee

High levels of “forever chemicals,” including poly-fluoroalkyl, or PFAS compounds, have been found in northeastern Tennessee rivers and drinking water supplies, likely from wastewater sludge that is spread on farms as fertilizer, the Sierra Club’s Tennessee Chapter said in a …

Maryland Expects $238M From Opioid Makers and Pharmacies

Maryland Attorney General Anthony G. Brown reported that his Opioids Enforcement Unit has finalized settlements with Teva, Allergan, Walmart, and Walgreens, after multi-year investigations of these opioids-makers’ or chain pharmacies’ involvement in the opioid crisis in the state. The settlements …

Woman Gets 5-10 Years for Workers’ Comp Scam of Family Dollar, Restaurant

A Delaware woman will serve 5 to 10 years in state prison for a workers’ compensation scam that spanned 2.5 years, two states, and cost a Pennsylvania employer more than $170,000, according to Pennsylvania Attorney General Michelle Henry. Victoria Newell-Brown, …

People Moves: Alliant Hires Ross to Bay Area Brokerage Team

Alliant Insurance Services hired Frank Ross as vice president within its Alliant Americas division. Ross joins Alliant with a property/casualty insurance background encompassing risk management, cyber liability, and executive liability. Before joining Alliant, he was senior vice president at USI …

Freight Train Carrying Corn Derails Near Amtrak Stop in Nevada, No Injuries Reported

Sixteen railroad freight cars carrying corn derailed early Wednesday under a key railroad overpass in the northeast Nevada city of Elko, but no injuries were reported and no hazardous materials were involved, authorities said. The Union Pacific train derailed just …