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

Federal Lawsuit Accuses KU Medical Center of Age Discrimination, Retaliation

A federal lawsuit filed Sept. 6 accuses the University of Kansas Medical Center of discharging an employee who reported age discrimination practices by a department head. The lawsuit against the Kansas City, Kansas-based medical center was filed by the U.S. …

Nebraska’s Emergency Management Agency Strained by Record Floods

Nebraska state emergency officials who faced record floods this summer are now scrambling to boost their ranks with more workers to help residents recover and rebuild their communities. The Nebraska Emergency Management Agency plans to hire 17 new employees in …

Ohio’s Hylant Adds Towle as Sr. VP – Global Captive Solutions Business

Anne Marie Towle has joined Ohio-based independent insurance brokerage Hylant as senior vice president in Hylant’s Global Captive Solutions business unit. Towle’s leadership in the captive insurance industry aligns with Hylant’s dedication to industry leading service line development with a …

Loss Creep Spells End to Soft Reinsurance Market: Guy Carpenter

Extended development from North American hurricane losses and losses from non-peak perils like California wildfires have finally jolted reinsurers out of a soft reinsurance market, according to a report from reinsurance broker Guy Carpenter. The report titled “The Changing Nature …

TV Show ‘Young Sheldon’ Fined for Fake Tornado Warning

The hit CBS Corp. comedy “Young Sheldon” about a child genius, wasn’t so smart when it came to a mock tornado warning, according to the Federal Communications Commission. Even modified, the tornado warning sounded too much like the Emergency Alert …

Officials: Half of Texas Local Governments Hit by Ransomware Have Recovered

Texas authorities say they aren’t aware of any money paid to hackers who used ransomware to target more than 20 communities last month. The Texas Department of Information Resources said in a statement that more than half of the local …

3 Industry Veterans Relish Fresh Start for Their Latest Legacy-Free Ventures

Although the insurance market is awash with capacity and competition, two new specialty companies—a re/insurer and a broker—formed earlier this year, aiming to create something new and different for their clients. First, well-known industry veterans Stephen Catlin and Paul Brand, …

Oregon Pot Racketeering Lawsuit Allowed to Proceed

A judge has ruled that a racketeering lawsuit brought by a vineyard against a neighboring marijuana operation can go forward despite attempts to have it dismissed – a ruling that could increase the odds for vineyards and other agricultural businesses …

Outrage over PG&E’s Plan to Cap California Wildfire Liabilities at $18B

California utility giant PG&E Corp. has issued its long-awaited plan for emerging from the largest utility bankruptcy in U.S. history: Raise debt, offer equity and cap the wildfire liabilities that led to its collapse at $18 billion – less than …

California Highway Barrier Wasn’t Repaired Prior to Fatal Tesla Crash

California state transportation officials failed to repair a highway safety device seriously damaged in a high-speed crash 11 days before a fatal collision in March 2018 involving a Tesla in Autopilot mode, the National Transportation Safety Board said Monday. In …