Monthly Archives: <span>August 2023</span>

Hundreds of P&O Cruise Passengers Flown Home After Tanker Crash

Hundreds of passengers on a P&O cruise ship that crashed into an oil tanker during a storm in Spain have been flown home. The flagship Britannia departed the Mediterranean island of Palma de Mallorca on Monday and will return to …

Toyota’s Japan Production at Standstill as System Failure Hits All 14 Assembly Plants

Toyota Motor Corp. on Tuesday said it has suspended operations at all 14 of its assembly plants in Japan due to a production system malfunction, bringing domestic output to a standstill at the world’s biggest-selling automaker. The glitch is preventing …

Drugmaker Mallinckrodt Files for Second Bankruptcy in the US

Drugmaker Mallinckrodt on Monday filed for its second bankruptcy in three years in the United States, with a restructuring plan that would cut $1 billion from what it owes to victims of the opioid crisis. The Ireland-based company initiated Chapter …

Kentucky Supreme Court: Docs Must Bill for Injured Workers Within 45 Days

Medical providers who treat injured workers in Kentucky must bill the employer/insurer within 45 days, even before a workers’ compensation claim has been filed and before an employer’s liability has been established, the Kentucky Supreme Court decided this week. The …

NCCI Calls for Average 15% Decrease in Florida Workers’ Compensation Rates

The National Council on Compensation Insurance has proposed an average 15.1% decrease in rates for Florida, starting Jan. 1, the latest and one of the largest reduction recommendations in more than a decade of rate filings. The filing, which will …

Farmers Insurance Laying Off 11% of Workforce, Citing Industry Challenges

Farmers Insurance announced it will part ways with approximately 2,400 employees – 11% of its workforce across all lines of business. “Decisions like these are never easy, and we are committed to doing our best to support those impacted by …

KCC Estimates Storm Hilary Caused Nearly $600M in Insured Losses

Catastrophe modeler Karen Clark & Co. said privately insured losses in the U.S. from Hurricane Hilary will be near $600 million. Once a Category 4 storm, Hurricane Hilary weakened to a tropical storm before it made landfall near Baja California …

TEPCO Says Seawater Radioactivity Below Detectable Limits After Fukushima Release

Initial tests showed seawater radioactivity to be below detectable levels after the release of treated radioactive water from Japan’s Fukushima plant, its operator, Tokyo Electric Power Co (TEPCO), said on Friday. The seawater samples contained less than 10 becquerels of …

Kansas City Fire Department Faces US Department of Justice Investigation for Alleged Racial Discrimination

KANSAS CITY, Mo. (AP) – The Kansas City, Missouri, Fire Department is under a U. S. Department of Justice investigation for alleged racial discrimination, a Kansas City spokesperson confirmed to The Kansas City Star Thursday. Associated Press phone calls requesting …

People Moves: Sompo Int’l Taps Zurich’s Weiss as Head of Property & Energy, Continental Europe; Inigo Hires Aviation Specialist Harker From Marsh

This edition of International People Moves details appointments at Sompo International and Inigo Limited. A summary of these new hires follows here. Sompo Int’l Taps Zurich’s Weiss as Head of Property & Energy, Continental Europe Sompo International, the Bermuda-based provider …