Monthly Archives: <span>February 2022</span>

Supreme Court Asked to Resolve Federal Drug Law v. State Medical Marijuana Laws Debate

The U.S. Supreme Court has been asked to address whether federal drug law that criminalizes possession of marijuana invalidates state orders requiring employers and their workers’ compensation insurers to pay for medical marijuana prescriptions for employees injured on the job. …

OSHA Fines Contractors at Philadelphia Amazon Site Over Worker Death

The U.S. Department of Labor’s Occupational Safety and Health Administration has proposed fines against two construction firms working on a new Amazon facility in Philadelphia after a worker died from being trapped when an excavation wall collapsed last summer. General …

Hyundai, Kia Are Sued After Recalling Vehicles Because of Fire Risk

Hyundai Motor Co. and Kia Corp. were sued on Friday by drivers who claimed a defect in their vehicles’ anti-lock brake systems could trigger fires. The proposed class action filed in the federal court in Santa Ana, California, followed the …

Washington School Bus Carrier Could be Fined $364K for Safety Violations

Washington state regulators found more than 600 safety and procedural violations by school bus carrier First Student in the past two years, dozens of which persisted for years after company officials were warned of the infractions. The Seattle Times reported …

New Mexico Archdiocese Sues Insurers Over Sexual Abuse Coverage

One of the oldest Roman Catholic dioceses in the U.S. is suing four insurance companies over claims that they haven’t fulfilled contracts to provide liability coverage for sexual abuse complaints. The Archdiocese of Santa Fe filed the lawsuit this week …

Dollar General Cited for More Workplace Hazards

It’s more bad news for Dollar General stores, one of the largest food and household goods retailers in the country. Federal safety regulators announced that they have added another $1 million in fines against the company after inspections at stores …

Riskonnect Acquires UK Risk Management Software Firm Sword GRC

Integrated risk management software provider Riskonnect reports it has acquired the Sword GRC, a UK-based software company that specializes in project and enterprise risk management products, from global technology firm Sword Group. The acquisition of Sword’s (Governance, Risk and Compliance) …

Berkshire’s GEICO Posts 2021 Profit Much Lower Than 2020

Although Berkshire Hathaway’s biggest insurance operation GEICO reported a 63 percent drop in pretax underwriting income in 2021, overall the conglomerate’s insurance and reinsurance operations saw pretax underwriting profit jump nearly 12 percent, the annual report reveals. Underwriting profit for …

Facing Antitrust Charges, Irish Insurer Group to Unlock Platform for Nonmembers

Irish insurers’ association Insurance Ireland has offered to open up its data sharing platform to nonmembers and apply fair criteria to access it in an attempt to end a near-three EU antitrust investigation and stave off a possible hefty fine. …

People Moves: Rosa Appointed CEO of Euler Hermes Agency; Gallagher Re Adds Aon’s LaPalme; Marsh Hires Lipinska, Cobb

This edition of International People Moves details appointments at Euler Hermes, Gallagher Re and Marsh. A summary of these new hires follows here. Rosa Appointed CEO of Euler Hermes World Agency Euler Hermes, the world leader in trade credit insurance, …