Monthly Archives: <span>March 2019</span>

Shares of China’s Largest Property Insurer PICC Begin Their Expected Steep Descent

Shares in China’s largest property insurer have started their descent back to Earth and according to analysts, it could be a prolonged and rocky journey. People’s Insurance Co. (Group) of China Ltd.’s mainland-traded stock rocketed more than 100 percent over …

Brexit Talks ‘Deadlocked’ Despite Appeal to EU for Last-Minute Concession

Theresa May’s government declared Brexit talks are “deadlocked” as ministers urged the European Union to make a last minute concession to stop the deal being thrown out by Parliament this week. May’s office said on Monday that she spoke to …

Update: Ethiopia Airlines Crash Prompts Some Nations to Ground Boeing 737 MAX 8s

China and Indonesia grounded their fleets of Boeing’s 737 MAX 8 aircraft on Monday as witnesses recalled the terrifying spectacle of smoke and debris trailing from an Ethiopian Airlines plane before it crashed killing 157 people. The disaster came just …

Lepore Promoted to VP at California’s Burnham Benefits Insurance Services

Irvine, California-based Burnham Benefits Insurance Services has promoted Maggie Lepore to vice president. Lepore continues to expand Burnham’s central coast footprint through her diverse expertise with public entities. She will utilize the same resources and depth of knowledge to support …

Deadly Alabama Tornado Highlights Human Safety Risk Despite Improved Forecasting

Sometimes in forecasting tornadoes, you can get everything technically right, and yet it all goes horribly wrong. Three days before the killer Alabama tornado struck, government severe-storm meteorologists cautioned that conditions could be ripe for twisters in the Southeast March …

OSHA Scraps Obama Workplace Injury Reporting Rule; 6 States Sue

Citing a concern over potential public disclosure of sensitive worker information, the Occupational Safety and Health Administration (OSHA) recently eliminated a requirement that businesses with 250 or more employees electronically submit annual reports on every employee injury or illness. The …

Oklahoma Judge Denies Purdue Pharma Bid to Delay Landmark Opioid Trial

OxyContin maker Purdue Pharma LP and two other drugmakers on Friday lost a bid to delay a landmark trial set for May in a multibillion-dollar lawsuit by Oklahoma’s attorney general accusing them of helping fuel an opioid abuse and overdose …

Former California Commissioner Named Fellow at ClimateWorks Foundation

ClimateWorks Foundation has tapped former California Insurance Commissioner Dave Jones as a distinguished fellow. In his eight years as commissioner, Jones made climate risks in the insurance industry a priority, including leading the Sustainable Insurance Forum. Jones will provide input …

5 Questions to Ask Small Businesses to Uncover Their Cyber Blind Spots

In an increasingly digital world, it’s important that small businesses don’t get left behind when fending off cyber threats. While a recent study by Forbes Insights and The Hanover shows that most small business owners recognize they are exposed to …

Pork Giant Loses Another Nuisance Lawsuit by North Carolina Neighbors

Smithfield Foods was found responsible Friday for a fifth time for nuisances neighbors suffered from waste generated by thousands of the company’s hogs. Jurors determined the pork giant should pay $420,000 after four previous juries awarded nearly $550 million in …