Monthly Archives: <span>December 2017</span>

Top Insurance Journal Southeast Stories of 2017

It was another busy year in the Southeast with storms, workers’ comp, and carrier insolvencies dominating the headlines. Here’s a look back at some of the stories that attracted the most readers in 2017. Hurricane Irma The first major hurricane …

Fairfax Financial Sells Singapore Insurer to Mitsui Sumitomo for $1.6B

Fairfax Financial Holdings said it has successfully sold a Singapore insurer to Japan’s Mitsui Sumitomo Insurance Co. for US$1.6 billion.The deal between the Toronto, Canada-based P/C insurance, reinsurance and investment management holding company, and Mitsui Sumitomo involves the sale of …

Firms Renovating Old Chicago Post Office Hammered for Worker Safety

A federal agency has cited three Chicago-area companies for allegedly not properly protecting workers doing renovations on Chicago’s sprawling Old Post Office from lead and cadmium exposure. They face more than $200,000 in fines in all. A Wednesday statement from …

California Company Has Marijuana License, But Its Workers Still Arrested

The confusing rollout of marijuana regulations in California has been underscored in Mendocino County, where local authorities licensed a company to deliver pot only to have state police arrest two employees who were trying to do just that with nearly …

Groups Say Flint Violating Legal Settlement Over Tainted Water

Plaintiffs in a landmark legal settlement related to Flint’s lead-tainted water are accusing the city of failing to comply with the deal and are asking a federal judge to enforce it. The Natural Resources Defense Council and American Civil Liberties …

Suit Targets Oregon Hotel, Backpage.com Following Woman’s Killing

The estate of a woman has filed a $3.6 million lawsuit against Backpage.com and the owners of the Portland, Ore., hotel where she was killed by a man she’d met for sex. The suit says 25-year-old Ashley Benson had been …

Chaos of Washington Train Derailment Comes Through in 911 Calls

Several victims of the Amtrak train derailment south of Seattle called for 911 for help, whimpering in pain, bleeding from head injuries and dazed by the enormity of the crash. Dozens of 911 call recordings released by South Sound 911 …

SUV Strikes Hog in Texas, Killing 3 and Injuring 2

Three people are dead and two others injured after a vehicle collided with a wild hog in Southwest Texas. The accident happened on a rural road near Uvalde, about 110 miles southwest of San Antonio. Texas Department of Public Safety …

Old Republic in Illinois Names Lange Senior Vice President

Chicago, Ill.-based Old Republic International Corp. has named Jeffrey Lange senior vice president in underwriting and distribution of the Old Republic General Insurance Group Inc. Concurrently, he will become a member of ORGIG’s office of the chief executive officer, this …

Entering 2018, Americans More Focused on Financial Health Than Physical Wellness: Allianz Survey

Looking ahead to the new year, more than a third of Americans (36 percent) believe another major recession may be in the cards for 2018, according to the 9th annual New Year’s Resolution Survey from Allianz Life Insurance Company of …