October 31, 2022
After Superstorm Sandy struck the northeast U.S. in 2012, an unprecedented effort began to fortify the densely populated coastline against the next big storm. Thousands of homes were raised on pilings. Concrete and steel walls meant to help hold back …
October 30, 2022
It has been a month since Hurricane Ian wiped out parts of southwest Florida. Now multimillion-dollar cleanup contracts are generating new tempests in the Category 4 storm’s wake. Contractors who remove debris and perform post-storm repairs are fighting over local …
October 28, 2022
Third-quarter net income at broker WTW was $192 million compared to $907 million during the prior-year third quarter. Net income for the third quarter 2021 included the $1 billion income receipt that was received as a result of the break-up …
October 28, 2022
NORTH LITTLE ROCK, Ark. (AP) – An Arkansas motorcyclist carrying a gasoline-filled backpack was expected to survive after he was engulfed by a fireball when a state trooper used a Taser on him during a traffic stop, authorities said. The …
October 28, 2022
The enormous amount of uninsured loss from Hurricane Ian will lead to a “veritable swamp” of trial lawyers waiting to sue the insurance industry, according to one industry expert at AAIS Pulse. “This could be anything from the old wind-versus-water …
October 28, 2022
The Federal Aviation Administration (FAA) wants the U.S. telecommunications regulatory agency to ensure a delay in some 5G C-Band transmissions from smaller operators. Acting FAA Administrator Billy Nolen said the agency wants the Federal Communications Commission (FCC) to mandate voluntary …
October 28, 2022
W. R. Berkley Corporation has formed Berkley E&S Solutions, a new business unit that will provide surplus lines casualty coverages to middle-market and large accounts through individual wholesale broker appointments. Curtis E. Fletcher has been named president and chief executive …
October 28, 2022
Federal communications law shields the video-sharing site TikTok Inc. from responsibility for the death of a 10 year-old girl who died while attempting a challenge on TikTok that encourages viewers to strangle themselves using household items. A federal judge in …
October 28, 2022
An Ohio vinyl tile manufacturer faces $1,232,705 in proposed penalties after U.S. Department of Labor Occupational Safety and Health Administration inspectors responded when a worker suffered severe injuries as a result of being caught in a machine on April 28, …
October 28, 2022
Insurance brokerage World Insurance Associates has acquired Circle Insurance Agency Inc. of Danvers, Massachusetts. Founded in 1989 by James M. Holbrook, Circle Insurance provides personal and commercial lines as well as financial services. Christine Frary is agency president. Mike Holbrook …