Monthly Archives: <span>April 2015</span>

Connecticut Labor, Advocates to Honor Workers Who Died on the Job

Organized labor is marking Workers Memorial Day by calling on the Connecticut legislature to pass bills intended to improve employee safety. One measure would require the state’s Department of Administrative Services to report complaints of bullying or abusive conduct among …

Could New Insurance Players Disrupt the Market?

Those with long careers in the insurance industry have seen newer entrants founder on the shoals of our business. Many well-intentioned outsiders don’t understand the innate complexities of the insurance ecosystem – complexities such as the long tail of liability …

Ironshore International Forms Lead Umbrella Consortium for U.S. Companies

Ironshore International’s Specialty Casualty unit of Ironshore Europe Limited (IEL), the Specialty Casualty unit and its Pembroke Lloyd’s Syndicate 4000 have joined with Lloyd’s Antares Syndicate 1274 and Markel Global Insurance to form XXV Consortium. The newly created XXV Consortium …

Louisiana Labor Force, Employment Increase

Louisiana’s overall labor force and the number of those employed in the labor force both grew in March, according to not seasonally adjusted data released by the federal Bureau of Labor Statistics. The state’s civilian labor force grew by 27,906 …

Hurricane Sandy Judges Demand Clearing of Settlement Roadblocks

Federal officials and flood insurance companies were chastised by a panel of New York judges for imposing delays on settlements with hundreds of Hurricane Sandy victims who alleged their claims were wrongfully denied or underpaid. Officials with the Federal Emergency …

Oklahoma Driller to Pay $59K to Settle Disability Discrimination Suit

Helmerich & Payne Inc. (H&P), a Tulsa, Okla.-based drilling contractor, will pay a former employee $59,000 to settle a disability discrimination lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC), the agency announced. According to the EEOC’s lawsuit, the …

Alaska Governor Declares Disaster From Fire In Interior Village

Alaska Gov. Bill Walker has declared a state disaster in response to a fire that crippled water service in the village of Alatna. The boiler fire April 15 damaged the community’s multi-purpose building and caused electrical damage that knocked out …

Meadowbrook Insurance Shareholders Approve Acquisition by Fosun

Meadowbrook Insurance Group, Inc., headquartered in Southfield, Mich., announced that the group’s shareholders have formally approved the pending acquisition of Meadowbrook by Fosun International Limited. In late December 2014, Fosun, a Chinese investment group agreed to acquire Meadowbrook for approximately …

Callis Joins Lockton’s DC Office for Political Risk, Structured Credit

Lockton Companies announced that David Callis has joined its Washington, DC office as Vice President and Producer. He will “work closely with Lockton’s clients and prospects on international risk issues, sharing his deep technical expertise in political risk and structured …

Storm Shelter Permit Applications Rise in Moore, Oklahoma

Applications to build storm shelters have spiked a month after a tornado touched down in Moore, Okla. Moore spokeswoman Deidre Ebrey says officials there have noticed an increase in the number of people applying for storm shelters since the March …