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

Samsung Faces Probe After Two Chip Workers Exposed to Radiation

South Korea’s nuclear safety authorities are carrying out an on-site investigation after two employees at a Samsung Electronics Co. semiconductor plant were exposed to radiation. The employees are showing abnormal symptoms on their fingers because of localized exposure, though their …

People Moves: Specialist Aviation MGA Itasca Names John as CEO, Succeeding Zolotusky; DUAL Group Appoints Allianz’s Sayce as Group Head of Emerging Products

This edition of International People Moves details appointments at aviation specialist Itasca MGA Ltd. and DUAL Group, Howden’s MGA subsidiary. A summary of these new hires follows here. Specialist Aviation MGA Itasca Names John as CEO, Succeeding Zolotusky Itasca MGA …

North Carolina Will Soon Have Some of the Highest Auto Liability Minimums

Starting next year, the minimum automobile liability coverage in North Carolina will jump significantly, thanks to a 2023 law that raised the minimum requirement for the first time in 25 years. Since 1999, North Carolina drivers have been required to …

Specialist Risk Group to Launch Global Motorsport Underwriting Offering

Specialist Risk Group’s managing general agent, MX, announced it will soon launch a new specialist motorsport underwriting offering, MX Motorsport. MX Motorsport will underwrite all classes of motorsport business on a global basis supported by A-rated capacity. The team at …

Insurers Must Physically Inspect to Confirm Damage Cited by Aerial Imagery

The Pennsylvania Insurance Department (PID) is reminding insurers of their obligation to conduct a physical inspection to confirm the type and extent of damage to a roof supposedly evidenced by aerial imagery. The regulatory agency said it has received consumer …

Man Accused of Starting Wildfire Near Arizona-California Border

A Yuma man has been arrested for allegedly starting a wildfire in a national wildlife preserve in southwest Arizona near the California border, according to authorities. Yuma County Sheriff’s officials said 47-year-old Jason Bradley Martin remains jailed on suspicion of …

Restaurant Workers’ Battle for Higher Minimum Wage Goes National

US restaurants grappling with high costs and penny-pinching consumers are making a tough pitch to voters: that boosting pay to millions of workers is a bad idea. At least four states are set to vote on measures to make restaurants …

Kentucky, Alabama Towns Dealing with Tornado Damage, Florida Feeling Record Heat

The latest community left with shattered homes and no power was the tiny Kentucky town of Charleston, which took a direct hit Sunday night from a tornado that the governor said appeared to be on the ground for 40 miles …

New Jersey Contractor to Pay $13K Penalty After Worker’s Fatal 5-Story Fall

The federal Occupational Safety and Health Administration (OSHA) reports it has reached a settlement agreement with a New Jersey contractor after a worker suffered a fatal fall at a Bayonne worksite in October 2023. The settlement followed an OSHA inspection …

Where the AI Risks Are: Swiss Re’s Top 10 Ranking by Industry

The insurance industry came in sixth in a ranking of 10 major industries based on current AI risk, and seventh based on future risk, with health care replacing IT as the most exposed sector in the next 10 years. The …