New Jersey plastics manufacturer Douglas Stephen Plastics Inc. has been cited for exposing employees to safety and health hazards at its Paterson, N.J., facility and faces penalties of $435,679. The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) …
Don’t expect Chubb to pursue an acquisition anytime soon. Chairman and CEO Evan Greenberg repeatedly downplayed the possibility of one in what he referred to as an “overpriced” market. “The prices paid for recent transactions may make sense to others, …
China’s central bank and financial regulators have issued guidelines to strengthen supervision on non-financial companies investing in financial institutions. China will strictly restrict irrational and blind investment in financial institutions, according to the guidelines issued by the People’s Bank of …
Scientists at UCLA have determined that medical insurance company records can be used to make accurate predictions about future health conditions in their members. These predictions lead to better outcomes by enabling proactive treatments for future illness, rather than falling …
Attorneys general from California, Oregon and New York on Thursday filed a motion to intervene in a case between the securities industry and the U.S. Department of Labor, petitioning the full 5th U.S. Circuit Court of Appeals to revisit its …
Show them the money! Teens who text while driving may be convinced to reduce risky cellphone use behind the wheel when offered financial incentives such as auto insurance apps that monitor driving behavior and reward good drivers with discounts. According …
The PURE Group of Insurance Companies, which includes Privilege Underwriters Reciprocal Exchange (PURE), a White Plains, N.Y.-headquartered, policyholder-owned property and casualty insurer designed for high-net-worth individuals and families, has named Katherine Richardson chief human resources officer. She joins the company’s …
Fitch Ratings said in a recent report that the sector outlook for London market insurance remains negative in 2018, reflecting its analysts’ expectation that underwriting results will continue to be pressured by the high cost of doing business, due to …
An explosion at Husky Energy’s refinery in Superior, Wisconsin, caused a fire that burned for several hours on Thursday and sent smoke billowing into the air, prompting the evacuation of thousands of residents, officials said. Local media said at least …
An environmental group has filed a notice of its intent to sue the city of Newark over what it says are elevated levels of lead in the city’s drinking water. The Natural Resources Defense Council has 60 days to file …
