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People Moves Alliant Adds Waldhoff; OMSNIC Names Nielsen CEO

Alliant Adds Holly Waldhoff as Vice President Within Employees Benefits Group Alliant has added employee benefits consultant Holly Waldhoff as Vice President within its Employee Benefits Group. Based in Chicago, Waldhoff will create a full range of strategic employee benefits …

Loss Costs Outpace Increase in Premiums for U.S. P/C Industry Through Q3

Direct-premium production for the U.S. P/C industry through the third quarter 2021 improved as insurers increased rates, but adverse trends in loss costs for many lines of business continue to dampen profitability. Through the first nine months of 2021, the …

OSHA Cites Connecticut Manufacturer for 48 Safety Violations After Fatality

After an employee of a Watertown, Connecticut metal fabrication company was electrocuted on July 14, 2021 while repairing a portable water heater, an inspection by the Occupational Safety and Health Administration (OSHA) found that his employer, PM Engineered Solutions Inc., …

Insurance Technology: Great American, Assurely Offer D&O for Tech Startups; Tractable AI Assesses Building Damages; Pie Offers Pay-As-You-Go

Great American Insurance and Assurely Offer D&O to Startup Firms The Executive Liability division of Great American Insurance Group and the insurtech, Assurely, announced an agreement to offer directors and officers liability (D&O) insurance to private companies raising capital via …

In 2021, Risk Managers Median Salary Hit $135K in U.S.; $120K in Canada

Risk professionals at all levels in the United States experienced an average 14.4% base salary increase in 2021 compared to 2019, while Canadian practitioners experienced an average 18.8% increase in the same period, according to the bi-annual survey RIMS 2021 …

Magnitude 5.1 Earthquake Confirmed in Southern Alaska

A magnitude 5.1 earthquake struck southern Alaska, and people reported shaking in Anchorage and surrounding areas, according to officials. The epicenter of Thursday’s quake was 49 kilometers, or 30 miles, northwest of Ninilchik, Alaska, the U.S. Geological Survey said. That …

Black Man in Nevada Arrested as White Felon Twice His Age Suing

A 25-year-old Black man is suing two police agencies in Nevada after he was misidentified as a white ex-felon nearly twice his age, arrested, and held for six days in jails in two Las Vegas-area jurisdictions. Shane Lee Brown claims …

Mother Says California Teachers Manipulated Child to Change Gender Identity

A mother who claims teachers secretly manipulated her 11-year-old daughter into changing her gender identity and name has filed a legal case against a tiny California school district. Spreckels Union School District was responsible for “extreme and outrageous conduct” that …

Italy OKs Treasury Taking Control of Credit Insurance Agency SACE

Italy approved a long-awaited decree needed for the Treasury to buy credit insurance agency SACE from state lender Cassa Depositi e Prestiti (CDP) in a deal expected to be worth around 4.25 billion euros ($4.81 billion), sources told Reuters. The …

California Utility’s Criminal Probation Ending Amid Ongoing Safety Worries

Pacific Gas & Electric is poised to emerge from five years of criminal probation, despite worries that nation’s largest utility remains too dangerous to trust after years of devastation from wildfires ignited by its outdated equipment and neglectful management. The …

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