The U.S. workers’ compensation insurance market achieved a “significant” underwriting profit in 2015, but trends call into question whether such a result can be repeated, Fitch Ratings concluded in a new report. For 2015, the workers’ compensation combined ratio came …
The Insurance Council of Texas (ICT) posthumously honored Ron Lawson, former vice president at the Republic Group in Dallas, with the Raymond Mauk Leadership Award during the group’s 24th Annual ICT Mid-Year Property and Casualty Symposium in Austin. Lawson passed …
Officials say the cost of damage from a fire at the Grand River Dam Authority’s main generating facility in Chouteau, Okla., could reach $200 million. The Tulsa World reports that GRDA spokesman Justin Alberty says the July 1 fire’s total …
Oklahoma Gov. Mary Fallin has declared a state of emergency for 35 Oklahoma counties following three days of severe storms, strong winds, tornadoes and flooding. The executive order signed Friday allows state agencies to make emergency purchases for disaster relief …
The U.S. Department of Agriculture says a north Louisiana business is recalling more than 21,500 pounds of catfish products for hotels, restaurants and other institutions in six states. The recall by Haring Catfish Inc. of Wisner involves products that USDA …
Swiss Re Corporate Solutions has added Christine Harman as senior vice president, head of Casualty, and named Gabriel Poppie as senior vice president, head of Sales, for its U.S. Central Region. Both are based in Chicago. Harman will be responsible …
Chicago police are asking people who’ve had construction equipment stolen in recent months to report to a West Side district station to identify items allegedly found in a man’s home. Police say investigators found $750,000 to $1 million in stolen …
Middle market businesses in all parts of the world view their exposures to natural catastrophes as increasing but some fall short when managing these risks effectively, according to a new survey of senior executives at more than 80 independent insurance …
The Environmental Protection Agency and the U.S. Forest Service want to station 10 firefighters near Libby this summer so crews are immediately available to fight any fire that night burn in or near a former vermiculite mine contaminated with asbestos, …
The city of Seattle, Wash. has paid $3.5 million to the family of a bicyclist who died two years ago in a collision with a truck in downtown Seattle. The Seattle Times reported the payment resolves a claim that the …
