December 18, 2023
The departments of insurance in California, New York and New Jersey approved double-digit auto rate increases for Allstate in the three states that the carrier considered exiting in the absence of approvals, the Northbrook, Ill.-based carrier announced on Thursday. For …
December 18, 2023
McDonald’s Corp. will survey its US franchisees about their child-labor practices — a step toward tightening compliance following a series of violations by restaurant operators. The US Department of Labor fined franchisees in Kentucky, Pennsylvania, Tennessee, Louisiana and Texas this …
December 18, 2023
WINSTON-SALEM, N.C. (AP) — One child was killed and another was injured when a Christmas tree caught fire in a North Carolina manufactured home Tuesday evening, according to fire officials. Firefighters called to a home on Fanning Pointe Lane in …
December 18, 2023
Unprecedented industry losses and unprofitability in homeowners and auto insurance will significantly impact pricing and availability in 2024, especially in catastrophe-prone areas and states with challenging regulations, Alera Group forecasted in a December study. In its 2024 P&C Market Outlook, …
December 18, 2023
FORT LAUDERDALE, Fla. (AP) — It’s beginning to look at lot like … hurricane season — at least across much of South Florida, where it’s been windy and rainy for two days and the forecast predicts more of the same …
December 18, 2023
A chemical leak that killed six workers at a Georgia poultry plant in 2021 resulted from a poorly designed freezer that spilled deadly liquid nitrogen as well as a failure by the plant`s owner to install safety equipment and properly …
December 18, 2023
The U.S. Securities and Exchange Commission on Friday denied a petition by Coinbase Global seeking new rules from the agency for the digital asset sector, which the country’s largest crypto exchange then sought to challenge in court. The five-member commission, …
December 18, 2023
Law enforcement officials announced the final sentencing in their prosecution of an $18 million workers’ compensation fraud case and the return of $7.75 million to the New York State Insurance Fund (NYSIF). Manhattan District Attorney Alvin Bragg, Jr. on Friday …
December 18, 2023
Iranian-backed Houthi militants in Yemen have stepped up attacks on vessels in the Red Sea to show their support for Palestinian Islamist group Hamas fighting Israel in Gaza. The attacks, targeting a route that allows East-West trade, especially of oil, …
December 18, 2023
Despite signing a 2021 settlement agreement with the U.S. Department of Labor that included a promise to protect its employees from potentially deadly trenching and excavation hazards, a Minnesota construction contractor was again found endangering employees in June 2023 as …