WV Governor’s Coal Mines Agree to Catch Up on $5M in Safety Violation Fines July 13, 2023 Nearly two dozen companies owned by West Virginia Gov. Jim Justice have agreed to catch up on fines owed to...
North Carolina Medical Marijuana Bill Likely Dead for This Year July 13, 2023 Legislation that would legalize marijuana use for medicinal purposes in North Carolina is probably dead for the rest of this...
World Insurance Acquires New Jersey Transportation Agency, Shield Insurance July 13, 2023 Insurance broker World Insurance Associates said it acquired the business of Shield Insurance Services of Freehold, New Jersey on June...
Penske Truck Denies Fraudulent Inspection Allegations But Will Pay $3.5M to End Dispute July 13, 2023 Penske Truck Leasing Co. will pay up to a $3.5 million civil penalty for alleged fraudulent safety and emissions inspections...
People Moves: Canopius Taps Former AXA XL Exec Cooper as Head of Reinsurance & Bermuda CEO; AXIS Re International Appoints Chubb’s Kent as President July 13, 2023 This edition of International People Moves details appointments at Canopius and AXIS Capital Holdings. A summary of these new hires...
Mining Giants BHP, Vale Face Off in London Court Over Brazil Dam Damages July 13, 2023 Mining giants BHP Group and Vale faced off in a London court on Wednesday over who should accept legal and...
Severe Weather Causes First-Half 2023 Losses of at Least $1B in Seven States: Report July 13, 2023 Seven states experienced at least $1 billion in total insured severe weather loss for the first half of 2023, according...
Cargo Ship Fire in New Jersey That Killed 2 Is Extinguished After a Week July 13, 2023 Crews extinguished the intensely burning fire aboard a cargo ship docked in New Jersey after nearly a week and are...
Marsh McLennan Acquires Illinois-Based Trideo Systems July 12, 2023 -Marsh McLennan Agency, a subsidiary of Marsh, today announced the acquisition of Arlington Heights, Illinois-based Trideo Systems, a risk management...
TWIA Committee Recommends 5% Increase in 2024 Residential Rates, 8% for Commercial July 12, 2023 The Texas Windstorm Insurance Association Actuarial & Underwriting Committee met Tuesday, July 11 and voted to recommend increasing rates for...