May 4, 2023
Banks and insurers are more frequently adding coal exclusion policies to their investments while those with existing policies are toughening them up despite record profits in the sector, according to a report on Thursday. More than 200 financial institutions globally …
May 4, 2023
Summit Consulting, a manager of five workers’ compensation insurance companies in the Southeast, has named Robert Darin Grimm senior vice president of claims. Grimm, who holds a doctorate from the University of South Florida’s college of business, joined Summit in …
May 4, 2023
The Tennessee General Assembly has approved a workers’ compensation presumption that post-traumatic stress disorder is work-related for firefighters, joining several other states that have adopted mental health presumptions in recent years. Senate Bill 856, sponsored by state Rep. Johnny Garrett, …
May 4, 2023
Four Merced, California, family members were arraigned this week for multiple counts of insurance fraud after a California Department of Insurance investigation revealed the businesses owned and operated by the residents allegedly underreported payroll by millions of dollars. The underreporting …
May 4, 2023
Workers at a Pennsylvania chocolate factory smelled “rotten eggs” before a powerful natural gas explosion that leveled one building, heavily damaged another and killed seven people, federal safety officials said Tuesday in a preliminary report. The National Transportation Safety Board’s …
May 4, 2023
In an about-face, Twitter says it has restored free access to a key tool for verified government and “publicly owned” services so they can tweet weather, transit and other alerts after New York City’s transit agency said earlier this week …
May 4, 2023
Pensionmark named Jonathan Curley as the global head of compliance. Curley will oversee the global compliance strategies across all of the Santa Barbara, California-based firm’s financial services companies. Curley’s industry experience spans more than four decades, most recently serving as …
May 3, 2023
Despite posting a year-over-year net income increase of 45%, Progressive Corp. shared first quarter financial results on Tuesday that showed the company falling short of its combined ratio goal for 2023. The firm’s CR for the quarter was 99 – …
May 3, 2023
A Holbrook, Massachusetts man has been found guilty and sentenced to two and a half years in the Norfolk House of Correction for damaging luxury cars bought under false pretenses in order to collect insurance proceeds. Attorney General Andrea Joy …
May 3, 2023
Keystone, the fourth largest participant-owned insurance agency network in the nation, added Perkins Insurance Agencies, LLC, based in Abilene, Texas, to its growing network of agencies in the state. A second-generation agency with deep roots in Abilene and surrounding areas, …