Monthly Archives: <span>September 2021</span>

Apparent US Steel Plant Spill Closes Indiana Beaches

Indiana Dunes National Park closed its beaches and a northwest Indiana water utility shut down an intake facility after an orange substance apparently spilled from a U.S. Steel plant into a Lake Michigan tributary, a mayor said. Portage Mayor Sue …

Worker Hurt at North Carolina Plant Where 2 Recently Died

A worker at a North Carolina plant was taken to a hospital over the weekend after a crane collapsed onto a truck, officials said. A Fayetteville fire department official said the crane fell on the cab of a truck while …

Louisiana Extends Hurricane Ida Insurance-Related Emergency Rule

Louisiana extended the emergency rule that allows suspension of insurance related statutes in the 25 parishes affected by Hurricane Ida, the insurance department said. The Louisiana Department of Insurance reported that Emergency Rule 47 is being reissued to extend the …

COVID-Related Discrimination Lawsuits Filed Against 2 Texas Companies

Federal officials filed two lawsuits in Texas courts, alleging that a pharmacy in Fabens and a coffeehouse in Ft. Worth both discriminated against employees with disabilities that rendered them vulnerable to serious illness if they contracted COVID-19. The two employers …

Brit CEO Wilson on Leave of Absence for Health Reasons; Thompson Named Interim CEO

Brit Ltd., the London-based insurer and subsidiary of Fairfax Financial Holdings, announced that Matthew Wilson, group CEO, will be taking an indefinite leave of absence due to health reasons. During this period, Martin Thompson will step in as interim group …

Religious Partners Fear Boy Scouts’ Bankruptcy Plan Leaves Them Unprotected

Amid the Boy Scouts of America’s complex bankruptcy case, there is worsening friction between the BSA and the major religious groups that help it run thousands of scout units. At issue: the churches’ fears that an eventual settlement — while …

Omaha National Raises $45M, Will Transition to Being Direct Workers’ Compensation Writer

Technology-enabled workers’ compensation and payroll services provider Omaha National Group, Inc. announced a $45 million Series B round led by Accomplice. The company said it plans to use the funds to support its transition to operating as a direct insurance …

Investigators Probing Cause of Deadly Montana Train Derailment

Federal investigators are seeking the cause of an Amtrak train derailment near a switch on tracks in the middle of vast farmland in far northern Montana that killed three people and left seven hospitalized over the weekend. The westbound Empire …

Annual Financial Crime Compliance Costs Rise to $49.9B for Financial Institutions

Financial crime compliance costs for the U.S. and Canada are at nearly $50 billion in 2021, a rise of almost 20% from the year before, according to a new LexisNexis study. Labor costs, more regulations and evolving crime threats are …

Colonial Surety Launches Cyber and Fiduciary Package for Retirement Planning

Colonial Surety, a direct and digital insurer, expanded its fiduciary liability product offering for plan sponsors – businesses that offer retirement plans – with a new, two-part package that includes cyber liability coverage. The new package offers fiduciary liability insurance …