Monthly Archives: <span>March 2024</span>

Maine Approves 19% Drop in Workers’ Compensation Costs Starting in April

Newly-installed Maine Insurance Superintendent Robert Carey announced approval of an average workers’ compensation insurance loss cost decrease of 19%. The new loss costs go into effect for new and renewing policies as of April 1, 2024. Carey said that if …

Nevada Casino Settles for $500K for Incidents Involving Security Officers

Nevada gambling regulators fined a hotel-casino in Laughlin a record $500,000 in a settlement with the state Gaming Control Board stemming from a pair of incidents involving security officers who roughed up a patron and a resort employee nearly two …

Lawsuit in New Mexico Alleges Abuse by Catholic Priest Decades Ago

A man who says he was sexually abused as a boy by a priest in New Mexico in the 1960s sued the church and diocese this week, the latest case to surface in the state as the Roman Catholic Church …

Are Your Business Decisions Backed by Good Data?

This post is part of a series sponsored by AgentSync. 4 qualities that distinguish good insurance business data from bad America may run on Dunkin’, but insurance runs on data. Data impacts every part of insurance. Underwriting, rating, pricing, forms, …

Plummer Acquires Nebraska’s Classic One

Plummer Insurance, Inc. announced the acquisition of Classic One Insurance from Riverstone Bank, effective March 15, 2024. Plummer Insurance was established in 1984 by Steve and Helen Plummer. The agency currently has nine locations in Western Nebraska and Eastern Colorado …

People Moves: BMS Hires Howden’s Spraggs, Austwick and Woolcott for FinPro Division; Newline Opens Sydney Office, Hiring Beswick as Head of Professional Indemnity

This edition of International People Moves details appointments at the broker BMS Group and the re/insurer Newline Group. A summary of these new hires follows there. BMS Hires Howden’s Spraggs, Austwick and Woolcott for FinPro Division BMS, the London-based independent …

Arkansas Private Railroad Fined $910K Over Hazardous Waste Violations

The EPA recently finalized a settlement with the Arkansas Midland Railroad Company over alleged hazardous waste violations at a private rail track in Hot Springs, Arkansas. The company illegally stored more than 750,000 gallons of highly flammable hazardous waste in …

Barn Collapse in Southern Illinois Kills 1 Man, Injures Another

WATERLOO, Ill. (AP) — One man was killed and another was injured in southern Illinois when a barn partially collapsed into a burn pit and caught fire, authorities said. A man called 911 at 9:35 a.m. Saturday and said a …

Coming and Going, Extended Premises Rules Don’t Help Employee Injured on Crosswalk

An employee of a diagnostics firm in Virginia who was injured when she fell on a crosswalk on her way to work is not entitled to workers’ compensation benefits. The Virginia Workers’ Compensation Commission (VWCC) has upheld a deputy commissioner’s …

Russia’s Oil Is Finally Getting Snarled by Sanctions

The Russian oil-export machine funding the Kremlin’s war in Ukraine is finally getting some grit in its gears. Indian oil refiners — Moscow’s second-biggest customers after China since the 2022 invasion — will no longer accept tankers owned by state-run …