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People Moves: BMS Hires Howden’s Spraggs, Austwick and Woolcott for FinPro Division; Newline Opens Sydney Office, Hiring Beswick as Head of Professional Indemnity

This edition of International People Moves details appointments at the broker BMS Group and the re/insurer Newline Group. A summary of these new hires follows there. BMS Hires Howden’s Spraggs, Austwick and Woolcott for FinPro Division BMS, the London-based independent …

Arkansas Private Railroad Fined $910K Over Hazardous Waste Violations

The EPA recently finalized a settlement with the Arkansas Midland Railroad Company over alleged hazardous waste violations at a private rail track in Hot Springs, Arkansas. The company illegally stored more than 750,000 gallons of highly flammable hazardous waste in …

Barn Collapse in Southern Illinois Kills 1 Man, Injures Another

WATERLOO, Ill. (AP) — One man was killed and another was injured in southern Illinois when a barn partially collapsed into a burn pit and caught fire, authorities said. A man called 911 at 9:35 a.m. Saturday and said a …

Coming and Going, Extended Premises Rules Don’t Help Employee Injured on Crosswalk

An employee of a diagnostics firm in Virginia who was injured when she fell on a crosswalk on her way to work is not entitled to workers’ compensation benefits. The Virginia Workers’ Compensation Commission (VWCC) has upheld a deputy commissioner’s …

Russia’s Oil Is Finally Getting Snarled by Sanctions

The Russian oil-export machine funding the Kremlin’s war in Ukraine is finally getting some grit in its gears. Indian oil refiners — Moscow’s second-biggest customers after China since the 2022 invasion — will no longer accept tankers owned by state-run …

Markets/Coverages: Marsh Creates Cyber Group Captive for Clients Seeking More Stability in Insurance Programs

Marsh, the insurance broker, risk adviser and a unit of Marsh McLennan, announced the creation of Edgware Re Ltd., a group captive insurance company for organizations seeking more control and stability in their cyber insurance programs. Based in Bermuda, Edgware …

California Work Safety Board Approves Indoor Heat Rules, But Another State Agency Raises Objections

As global warming raises temperatures, a California work safety board has approved standards that would require companies to protect employees from excessive indoor heat, particularly in warehouses. The rules still need to overcome opposition by another state agency. The rules …

West Virginia Lawmakers Ban Smoking in Cars with Kids Present

CHARLESTON, W.Va. (AP) — West Virginia, which has the highest rate of adult cigarette use in the nation, became the 12th state to ban smoking in vehicles with children present under a bill signed by Republican Gov. Jim Justice on …

Two Crew Members on Florida-based Cruise Line Die in Ship’s Engineering Space

FORT LAUDERDALE, Fla. (AP) — Two crew members on a Holland America cruise ship died during an “incident” in the ship’s engineering space, the cruise line said. The unidentified crew members died Friday while the Florida-based Nieuw Amsterdam was at …

Worst Is Over: Most of Casualty Reserve Hole May Be Filled, Analyst Says

Predictions that the property/casualty insurance industry is in the midst of repeating the type of loss reserving cycle that accompanied the hard market of the beginning year of this century may be overblown, according to an analyst. In fact, William …

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