Sealy of Minnesota has agreed to pay $175,000 to resolve a charge of racial harassment filed with the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. The EEOC said an investigation found that Sealy, a mattress and box …
The Michigan Automobile Insurance Placement Facility (MAIPF) has named Mark Wagenschutz as executive director. Wagenschutz will oversee the organization’s mission to guarantee that automobile insurance is available to Michigan citizens who are unable to obtain it in the competitive market. …
A federal agency has awarded Indiana nearly $11 million to fight the state’s opioid abuse crisis. The state’s funding from the Health and Human Services is among $485 million the agency recently awarded to all 50 states and several U.S. …
The Securities and Exchange Commission has awarded nearly $4 million to a whistleblower who tipped the agency with about serious misconduct and provided additional assistance during the ensuing investigation, including industry-specific knowledge and expertise. “Not only did this whistleblower step …
In the London and other wholesale insurance markets, the practice of some brokers bundling similar accounts into high-volume portfolios to be more efficient and attract underwriters while still expecting bigger brokerage commissions has “gone beyond reasonable,” Chubb CEO and President …
Two-thirds of schools in Oregon’s largest district lack sufficient fire safety equipment, according to records obtained by the Oregonian/OregonLive. Portland Public Schools has 60 of 89 schools lacking up-to-date alarm systems, complete fire sensor coverage or other life-saving equipment required …
Boise, Idaho officials have expressed concerns with federal maps that propose adding hundreds of acres to a flood plain in the city, which could increase the cost and difficulty of buying or developing nearby property. The city disagrees with the …
An insurtech firm launched in California today with the promise of providing online homeowners insurance quotes in 60 seconds in what the Mountain View, Calif.-based company is calling “the most fundamental redesign of home insurance in recent times.” Hippo Insurance …
Chubb Limited reported net income for the quarter of $1.09 billion, compared with $439 million for the same quarter last year. Operating income was $1.17 billion, compared with $1.01 billion, for the same quarter last year. The insurer’s property/casualty (P&C) …
At the Spencer Educational Foundation reception, RIMS board director and director of global risk management and insurance at PayPal Inc., Laura Langone, announced St. Joseph’s University’s student team as the winners of the Spencer-RIMS Risk Management Challenge. The team, comprised …
