August 18, 2021
The U.S. Securities and Exchange Commission (SEC) is headed for a scuffle with corporate America over how much information public companies must disclose about their most important asset: employees. Urged on by progressive Democrats, unions and investors, the regulator is …
August 18, 2021
A member of the Sackler family that owns Purdue Pharma testified on Tuesday that his family bears a “moral responsibility” to help abate the U.S. opioid crisis but said it will not contribute financially to the effort unless it receives …
August 18, 2021
Sometimes, real life can be like the movies. At least, that’s according to two ethical hackers in this episode of The Insuring Cyber Podcast. Dr. Ondrej Krehel, founder and CEO of LIFARS – a New York City-based incident response and …
August 17, 2021
Michigan insurance regulators and the state’s personal injury protection (PIP) medical coverage program have reached an agreement regarding unlimited coverage for persons injured in an automobile accident prior to the July 2, 2020, implementation of Michigan’s new auto insurance law. …
August 17, 2021
Firefighters are struggling to control blazes in France’s Gulf of Saint Tropez and in the Spanish province of Avila, another manifestation of dangerous global warming that’s already caused a long list of extreme weather events this summer. A wildfire burned …
August 17, 2021
Louisiana insurance regulators issued a new advisory reminding people who sell insurance in the state that they must have a licensed to do so. According to the Louisiana Department of Insurance Advisory Letter 2021-05, “only duly licensed insurance producers are …
August 17, 2021
AM Best revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb” (Good) of Madison-based Wisconsin Reinsurance Corp. (WRC) and 1st Auto & Casualty Insurance Co.(1st …
August 17, 2021
Keystone Insurers Group Keystone Insurers Group appointed Meghan Pizzolato as its Texas state vice president. Pizzolato most recently served as a personal insurance sales executive with Kemper in the Dallas area. There, she managed relationships with nearly 300 agencies in …
August 17, 2021
Federal workplace safety officials cited a Colorado home manufacturing company for continuing to expose workers to falls at Pueblo facility. Key Structures LLC faces $222,055 in OSHA penalties and 13 willful, repeat and serious violations for exposing employees to defective …
August 17, 2021
The large 7.2 magnitude earthquake, which hit Haiti on Aug. 14, is likely to cost insurers around $250 million, according to catastrophe modeling firm Karen Clark & Co. (KCC). While the insured losses from this event are estimated at $250 …