National News

Congress on Track to Double Size of U.S. Overseas Investment Agency

The head of the main U.S. agency for aiding developing country infrastructure projects said on Monday the ability to extend funding for such investments is expected to double if new legislation is approved by the U.S. Congress. Ray Washburne, president …

NAMIC Honors Rochman with Chairman’s Award

The insurance trade group National Association of Mutual Insurance Companies presented its Chairman’s Award to Julie Rochman, former president and CEO of the Insurance Institute for Business and Home Safety, at the association’s annual convention in San Antonio. “Through her …

Workers Overdose On the Job and Employers Struggle to Respond

PORTLAND, Ore. — Jimmy Sullivan prepared for his job as a bricklayer the same way every morning for years: injecting a shot of heroin before leaving his car. The first time he overdosed on the job, in 2013 at a …

U.S. Safety Agency Targets Pilot Fatigue with Technology, Stricter Work Rules

U.S. accident investigators probing a San Francisco incident last year in which a jetliner was mere feet from landing on top of at least one other plane are poised to recommend new automated safety warnings and better pilot-fatigue protections. An …

NutraRisk Adds Program for Recreational, Medicinal Cannabis Operations

NutraRisk, a division of Worldwide Facilities, has expanded its cannabis offering to include an exclusive cannabis program providing general and product liability for medicinal and recreational operations. NutraRisk can also place risks in the eight states where recreational cannabis is …

Decision in Uber Employee vs. Contractor Suit Cuts Driver Bargaining Power

Uber drivers seeking pay and benefits like those employees get were handed a big defeat by the 9th Circuit Court of Appeals on Tuesday. A panel of court justices ruled that drivers must go through arbitration and could not continue …

Majesco Appoints Elster as CEO; Mehta Becomes Chairman

Insurance software and consulting firm Majesco has appointed Adam Elster as chief executive officer, effective October 1, 2018. The company said that Ketan Mehta, Majesco co-founder and current CEO, has decided to retire from the operational role after 36 years …

Florence Impact on Insurers Tempered by Mostly Uninsured Flood Losses

Insurance industry losses from Hurricane Florence, which hit the Carolinas mid-September as a Category 1 storm, will be manageable and not have a severe impact on insurers, according to experts. As the storm turned out to be less of a …

Chubb Appoints Barziza to Lead North American Property Claims

Chubb has appointed Tim Barziza as head of its North American Property Claims. In this role, Barziza will be responsible for leading the technical and administrative operations of the Property Claim Service, including the recovery and the special investigations units …

Employers Providing Paid Family Leave Qualify for Tax Credit

The Treasury Department announced that as part of the 2017 Tax Cuts and Jobs Act, eligible employers who provide paid family and medical leave to their employees during tax years 2018 and 2019 may qualify for a new business credit. …

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