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Maine Mining Superfund Site to Receive $21M

A Maine superfund mining site is receiving $21 million in Environmental Protection Agency funding to expedite contamination cleanup efforts. The Callahan Mine superfund site in Brooksville originally received $9 million from the bipartisan federal infrastructure bill passed in November last …

West Virginia Requiring New Notices, Info on Workers’ Comp Claims Decisions

West Virginia’s insurance commissioner is reminding workers’ compensation stakeholders about statutory changes that took effect this month on claims and adjudication of claims. “As a result of these changes, it is critical that all stakeholders comply with this regulatory guidance,” …

‘Cautious Optimism’ for Cyber Buyers as More Focus on Risk Controls: Marsh

While the market for cyber insurance is expected to remain challenging “for the foreseeable future,” there is optimism for rate stabilization as organization focus on cyber hygiene, according to broker Marsh. In a recent briefing, the broker said “steep rate …

Foster & Foster Acquires Bartel Associates in California

Foster & Foster Consulting Actuaries Inc. has completed its acquisition of California-based Bartel Associates LLC. Bartel’s core business is focused in performing Other Postemployment Benefits consulting. Bartel also provides pension consulting services to public entities, which are part of CalPERS, …

Evacuations for Communities Near California Forest Fire

Evacuation orders were expanded Tuesday for remote California communities near a wildfire that may have been sparked by fireworks or a barbecue on the Fourth of July in a mountainous region that’s a top tourism destination. The Electra Fire in …

Facebook Asks Court for Old FTC Merger Documents in Antitrust Fight

Meta’s Facebook has asked a U.S. court for eight documents created by the U.S. Federal Trade Commission as part of their review of the company’s purchases of Instagram and WhatsApp, which the agency allowed to go forward. The request was …

SURE Insurance Picks Up 14,000 FedNat Policies in South Carolina

The member-owned property insurer known as SURE has assumed some 14,000 South Carolina homeowners policies from FedNat Insurance, which left the state as part of a financial restructuring plan this year. “We responded to FedNat’s downgrade by expediting the transfer …

Ardonagh’s MGA Unit, Geo Underwriting, Acquires UK’s Lorega Holdings

Geo Underwriting, The Ardonagh Group’s MGA subsidiary, has completed the acquisition of the managing general agent Lorega Holdings Ltd. from Alcuin Capital Partners. Financial details of the transaction were not disclosed. Lorega is the UK’s leading supplier of loss recovery …

Doctors Look to Athletes for Clues to COVID’s Heart Impacts

Doctors learned early in the pandemic that COVID-19 was more than a respiratory disease. It was attacking bodily organs, including the heart – even in healthy, young athletes. Enough athletes with COVID were experiencing heart inflammation, called myocarditis, that doctors …

Tampa Med Clinic Owner Charged with Staging Crashes and $970,000 in False Claims

The owner of a Tampa medical clinic has been charged in a scheme that staged auto accidents then submitted more than $970,000 in falsified insurance claims, Florida authorities said. Angela Ippolito Duncan, owner of Ybor Medical and Wellness Center, was …

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