MS Amlin AG (MS AAG), the global reinsurer, announced its entry into the agriculture reinsurance market with the hire of Rinat Bektleuov as product group lead underwriter. Bektleuov joined the business in August 2021 and reports directly to Charles Goldie, …
A ruling in California has overturned an injunction against a new law preventing employers in California from making employees sign arbitration agreements as a condition of employment. The Ninth Circuit Court of Appeals recently vacated a preliminary injunction issued in …
AM Best downgraded the Financial Strength Rating to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating to “bb+” (Fair) from “bbb-” (Good) of Casualty Underwriters Insurance Co. in Salt Lake City, Utah. The outlook of the ratings …
Lately, when people say “wildfire,” California is probably the first state that comes to mind. But a new report out should concern people living in a few other Western states that aren’t often mentioned when the wildfire peril is considered. …
Federal workplace safety officials say a Ravenna, Ohio, aluminum parts manufacturer with a history of safety violations now faces $1,671,738 in penalties for 38 safety and health violations following an investigation into the death of a 43-year-old worker struck by …
As Democrats and Republicans in Washington continue to haggle over government debt and spending, federal flood insurance is among the programs facing disruption. Without renewed funding, a government shutdown would begin after the end of the fiscal year tomorrow, Sept. …
Five people were injured in an explosion at a Louisiana chemical plant, news outlets reported. The explosion at the Westlake petrochemical plant near Lake Charles was reported late on Sept. 27, Louisiana State Police spokesman Derek Senegal said. He said …
In a committee hearing on Sept. 28, Texas state senators were furious that natural gas companies won’t have to better prepare their facilities for extreme weather before this winter and rebuked the Texas Railroad Commission, which regulates the state’s massive …
A federal agency charged in a lawsuit that an Illinois-based research organization denied promotion to female engineer after she complained about sex-based discrimination. Fermi Research Alliance LLC (Fermi), a particle physics and accelerator laboratory in Batavia, Illinois, will pay $100,000 …
The new electronic automobile insurance verification system in Illinois has identified more than 2,700 vehicles that did not have the state mandated minimum insurance coverage as of September 2021, a national property/casualty insurer trade association reported. “The Illinois electronic insurance …
