Monthly Archives: <span>March 2018</span>

Monsanto’s Suit over Arkansas’ Dicamba Ban Dismissed

An Arkansas judge has dismissed a Monsanto Co. lawsuit aiming to stop the state from blocking the use of a controversial farm chemical the company makes, dealing a blow to its attempts to increase sales of genetically engineered seeds. Monsanto, …

Massive Pennsylvania Gas Pipeline Project to Resume; Sunoco Fined $12M

Sunoco has agreed to a $12.6 million fine over problems with a massive natural gas pipeline project, but work will resume under a consent agreement, Pennsylvania regulators said. The Department of Environmental Protection said Sunoco Pipeline has made changes since …

People

Hub International Northeast Limited (Hub Northeast), a subsidiary of global insurance brokerage, risk advisory and employee benefits firm, Hub International Limited, has named Keti Mehta chief sales officer (CSO) across all retail lines of business and promoted Assistant Vice President …

Amtrak Engineer Ordered to Stand Trial in Philadelphia Crash

Amtrak engineer Brandon Bostian sat stunned as a judge reinstated twice-rejected criminal charges and ordered him to stand trial for a deadly 2015 train wreck in Philadelphia. Judge Kathryn S. Lewis ruled that another judge erred in dismissing the reckless …

New Jersey Electrical Inspector, City Not Liable in Multi-Unit Home Fire Lawsuit

The Supreme Court of New Jersey has ruled a city and its electrical inspector are not liable for claims resulting from a fatal fire within a multi-unit home that was allegedly caused by faulty wiring. The court stated in its …

Closing Quote: Speak Up! New Talent Prospects Will Listen

The insurance industry needs help, lots of help. By 2020, it’s predicted that we’ll have 400,000 open positions. Of course, we’ve been talking about the talent shortage for years, but we’ve primarily limited our worried conversations to industry events and …

Independent Agencies Post Gains in Organic Growth, Profitability in Q4: Reagan Consulting

Insurance agencies and brokerage firms ended 2017 with gains in organic growth and profitability in the fourth quarter. The 175 midsize and large agencies and brokerages participating in Reagan Consulting’s Organic Growth and Profitability (OGP) Survey reported overall growth. Agency …

How 2017’s Disasters Will Help People Start Viewing Mitigation as an Investment

Although clear challenges can come with the increasing cost and frequency of global natural disasters, there could also be untapped opportunity for insurers to tackle coverage gaps, according to industry experts. “One of the lessons coming out of 2017 is …

SMEs Underestimate Cyber Risks Which Could Prove ‘Fatal’: Allianz Report

Small- and medium-sized enterprises are waking up to the realities of cyber risks but still underestimate their exposures, according to a report published by Allianz Global Corporate & Specialty (AGCS). For medium-sized companies with annual revenues between €250 million ($308.9 …

Declarations

Reassurance “I want to reassure every single Texan impacted by Harvey that we will never let up until your homes and businesses are restored, until your communities are fully protected from future potential storm damage.” — Gov. Greg Abbott announced …