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

California Oks Bill Protecting Workers Who Use Marijuana at Home

California could soon become the seventh state to make sure people won’t lose their jobs if they smoke marijuana when they’re off the clock. State lawmakers this week passed a bill that would stop companies from punishing workers who fail …

Exxon Begins Legal Action After Putin Blocks Its Final Russian Exit

Exxon Mobil Corp. took the first step toward filing a lawsuit against Russia after Vladimir Putin blocked the oil major from exiting its only remaining operation in the country. Exxon has been trying to exit the Sakhalin-1 project in the …

Texas Newspaper Sued Over Firing Worker for Bug Bite Complaints

While media organizations depend on their reporters’ abilities to expose issues of public concern, a journalist at the Killeen Daily Herald found themselves out of a job when they complained to the newspaper’s management that they believed fleas had infested …

Severe Storms Blamed in 3 Deaths in Michigan, Ohio, Arkansas

Severe storms that brought damaging winds, heavy rains and flash flooding to parts of the Midwest and the South were blamed for the deaths of three people, including two children in Michigan and Arkansas as well as a woman in …

People Moves: TigerRisk Hires Aon’s Rosenberg for ILS Team; Gallagher Re Appoints Delacroix in France; BMS Re Taps Carpenter’s Torres-OrtΓ­z for Caribbean Fac

This edition of International People Moves details appointments at TigerRisk, Gallagher Re and BMS Re. A summary of these new hires follows here. TigerRisk Hires Aon’s Rosenberg for ILS Team TigerRisk Partners LLC, the Stamford, Conn.-based re/insurance broker, announced the …

Reinsurers Adopt Divergent Strategies About Natural Catastrophe Exposures: S&P

The natural catastrophe business of global reinsurers has been reshaped by five years of higher-than-expected losses, which is leading reinsurers to adopt divergent strategies – either diving in to write more business at higher premiums or reducing their exposure, according …

People Moves: Senior Hires at Everest Wholesale Division; Zoidis New Atain CEO; Bohac Joins SIAA; B&B Adds 5 to Analytics Team

Everest Insurance Division Announces Key Leadership Appointments Everest Insurance, the Insurance division of Everest Re Group, Ltd., has announced key appointments in its U.S. Wholesale division. Casey Hartley has been named senior vice president and head of U.S. wholesale casualty. …

Mississippi Capital City Without Running Water After Floods Worsen Pump Problems

In Mississippi’s capital, thousands of residents have no running water, after river flooding contributed to longstanding problems at the city’s water treatment facilities. Emergency officials on Tuesday were distributing bottled water to residents, a local university was using temporary restrooms …

SEC Charges Lindberg Misappropriated $75M from His Insurance Companies

One day after a judge set a new trial date for former Carolina insurance executive Greg Lindberg’s bribery case, the U.S. Securities and Exchange Commission charged that Lindberg and an associate had defrauded clients out of $75 million by using …

Oregon Wildfire Threatening over 7,000 Structures

The Rum Creek Fire in remote southwest Oregon has burned nearly 18.75 square miles is threatening thousands of homes and is only about 1% contained. As of Tuesday morning, the Northwest Interagency Coordination Center said 5,035 homes and more than …