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

Florida Saw Jump in Workers’ Comp Cost per Claim in 2022-23, WCRI Report Shows

Call it the effects of wage creep during the pandemic, along with a little bit of creep in the duration of benefits. Employers and insurers in Florida saw a 7% increase in total cost per workers’ compensation claim in 2022 …

Maryland Hospitality Firm Settles Employee Pregnancy Discrimination, Firing Suit

Savage River Lodge and Little Crossings will pay $150,000 and furnish equitable relief to settle federal charges that they discriminated against an employee because of her pregnancy and then fired her. The Frostburg, Maryland businesses, part of Fronterra Resources, offer …

Hub Acquires Williams Insurance Services in California

Hub International Ltd. acquired Merriwether & Williams Insurance Services Inc. Merriwether & Williams has locations in San Francisco and Los Angeles, California, The firm provides contractor development abd bonding programs, aligned risk management and special project consulting, and insurance brokerage …

New York Restricts Sale of Weight-Loss and Muscle-Building Supplements to Minors

It’s now illegal to sell weight-loss and muscle-building supplements to minors in New York, under a first-in-the-nation law that went into effect this week. Experts say loose federal regulation of dietary supplements has resulted in these products sometimes including unapproved …

New Vehicle Registrations in California Rose, While Tesla Registrations Dropped Again

The first quarter of the year saw the sixth straight quarterly increase (.7%) in overall registrations in California in the first quarter from the same period last year, while the state’s love affair with Tesla’s may be getting old, the …

Inszone Insurance Acquires Tri-Cities Insurance Professionals in Washington

Inszone Insurance Services acquired Tri-Cities Insurance Professionals LLC, a multi-member managed broker agency in Pasco, Washington. Tri-Cities Insurance Professionals was founded by Craig Baumgartner, Gerald Tobias, Darwin Walter, and Jorge Torres. Sacramento, California-based Inszone is an insurance brokerage firm that …

Appeals Court Rejects Climate Change Suit by Young Oregon Activists

A federal appeals court panel last week rejected a long-running lawsuit brought by young Oregon-based climate activists who argued that the U.S. government’s role in climate change violated their constitutional rights. The 9th U.S. Circuit Court of Appeals previously ordered …

Shot?! Who’s Throwing Away Their Shot?

No, I’m not talking about a negligent security case. I was a little late to the party but recently had the opportunity to see “Hamilton” on Broadway. While the play showcased American history, it was easy for me to draw …

Vehicle Complexity, Labor ‘Reshaping’ Auto Insurance and Collision Repair: Report

New technologies and rising labor costs are putting pressure on auto insurance carriers and auto repairers by making repairs more costly and increasing repair times, trends that a new report asserts are ‘reshaping’ the industries. The bottom-line message: Newer vehicles …

My New Markets

Excess Casualty Market Detail: Upland Specialty Insurance offers excess casualty coverage. Target classes include manufacturers, importers and distributors; restaurants (< 30% liquor sales); hospitality, hotels, motels and casinos; commercial real estate (owners, managers); habitational <4,000 units (no subsidized, student housing …