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People Moves: Crest in Arizona Names Henderson Director of Risk Services

Crest Insurance Group named Chester Henderson director of risk services. Henderson served in the U.S. Navy and was a Navy Seal. While in the Navy, he held numerous leadership positions, including leading the execution of risk management teams. Tucson, Arizona-based …

Family of Crash Victim Settles With Basketball Coach, Syracuse University

The family of a man who was fatally struck by a vehicle driven by former Syracuse University basketball coach Jim Boeheim in 2019 has agreed to settle a lawsuit against Boeheim and the university, according to court documents. Boeheim and …

Virginia School: Workers’ Comp Bars $40M Suit by Teacher Shot by 6-Year Old

The Newport News public school board says the $40 million lawsuit filed against it by the teacher who was shot by a six-year old is barred by the state’s workers’ compensation law that is the exclusive remedy for workplace injuries. …

Blast at Chicago Area Petroleum Plant Leaves 1 Dead, 1 Injured

LEMONT, Ill. (AP) – An explosion and fire at a suburban Chicago petroleum refinery killed one person and injured a second Tuesday morning, authorities said. The Will County Sheriff’s Office said one person was confirmed dead and a second was …

Federal Authorities File Charges in Michigan Over Diesel Engine Tampering

GRAND RAPIDS, Mich. (AP) – Federal authorities in Michigan filed charges Wednesday against nine people in a scheme to defeat air-pollution rules by tampering with software and hardware in heavy-duty diesel engines. The nine agreed to plead guilty, along with …

Louisiana Lawmakers Kill Bill to Decriminalize Marijuana

BATON ROUGE, La. (AP) – A bill to decriminalize marijuana in Louisiana was short- lived, swiftly dying in committee Tuesday before ever reaching the House floor for debate this legislative session. Democratic state Rep. Candace Newell briefly argued that her …

Texas Contractor Fined $257K After Fatal Trench Collapse

A Houston-area contractor’s repeated failure to follow federal workplace safety procedures during excavation operations contributed to a worker’s death near Manvel in October 2022, a federal workplace safety investigation has found. The U.S. Department of Labor’s Occupational Safety and Health …

Markel Returns to Q1 Net Income Profit on Investment Gains

Markel Corp. reported first quarter 2023 net income of $537.8 million compared to a loss of about $48.8 million a year ago. Net investment gains during the first three months were about $372.6 million compared to a loss of $358.4 …

Markets/Coverages: Clearcover, Experian Team on Embedded Auto Insurance Solution

Digital car insurer Clearcover Insurance Company, said April 26 that it launched an embedded insurance solution in which consumers receive final, bindable quotes when they shop on Experian’s auto insurance comparison shopping service. The initiative supports Clearcover’s strategy to fuel …

Cyber Insurance Rate Hikes Moderate, While Property Prices Rise in Most Regions: Marsh

Average global cyber insurance prices continued to moderate in the first quarter, with average price increases of 11%, compared to 28% in Q4 2022, according to the Global Insurance Market Index published by insurance broker Marsh. This was particularly evident …

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