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

Francine Strengthens to Hurricane as It Barrels to Louisiana

Francine strengthened into a hurricane and is expected to make landfall in Louisiana Wednesday after causing some offshore oil platforms to be shuttered, but it will likely miss major natural gas export plants. On its current track, Francine could graze …

SAIF in Oregon Declares $60M Dividend for Workers’ Comp Policyholders

The board of SAIF, a not-for-profit workers’ compensation insurer in Oregon, declared a $60 million dividend for their current policyholders. The funds will start being dispersed starting in October, with 51,288 policyholders receiving the dividend, which as determined based on …

The Essential Role of BPO in Streamlining Insurance Operations

This post is part of a series sponsored by Selectsys. In the fast-paced world of insurance, efficiency and accuracy are paramount. Insurance carriers, MGAs, and wholesalers are increasingly turning to Business Process Outsourcing (BPO) to streamline their operations. In this …

Iowa Manufacturer to Pay $51K Fine For Alleged Hazardous Waste Violations

Hawkins Inc., a chemical manufacturer based in Camanche, Iowa, will pay $51,158 in civil penalties and purchase equipment for local emergency responders to resolve alleged violations of the federal Resource Conservation and Recovery Act (RCRA). The company manufactures, distributes, and …

People Moves: Grange Insurance Names Lebens as CFO

Grange Insurance Company announced that Cheryl McRae Lebens has been named the company’s Chief Financial Officer, effective January 1, 2025, following Terri Brown’s planned retirement at the end of the year. Brown’s career in the property and casualty Insurance industry …

Missouri Patient Infected with Bird Flu Without Animal Contact

A hospitalized patient in Missouri was infected with bird flu despite having had no known contact with dairy cows or other animals associated with an ongoing outbreak, health officials said Friday. This is the 14th person in the U.S. sickened …

New Portuguese Government to Keep Ban on Chinese 5G Equipment

Portugal’s center-right government will keep the previous administration’s ban on telecoms firms using Chinese equipment in their 5G networks, a minister said, despite the projected cost of a position that is among the toughest in Europe. In May 2023, under …

VW Scraps Three-Decades-Old German Jobs Pledge to Cut Costs

Volkswagen AG is ending job protections for auto workers in Germany as part of its cost-cutting push, setting up a showdown with unions as the country’s most important industry fights for its future. The manufacturer on Tuesday canceled several agreements …

Tropical Storm Francine Churns Toward Louisiana as Path Shifts

Tropical Storm Francine is set to become a hurricane Tuesday as it churns toward Louisiana after shifting east, forcing some oil drillers to halt production but following a path that will likely avert key natural gas export plants. On its …

CRC Group Adds New People in Southeast

CRC Group, a wholesale specialty insurance distributor, has added new faces to its team. Davon Fields has joined CRC’s Birmingham, Alabama, office as a broker. He recently was vice president with an insurance brokerage. Donnie Waters was named senior team …