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Safeway Faces $339.3K in Fines After Amputations at Denver Plant

Federal work safety officials imposed more than $339,000 in penalties against Safeway Inc. after a worker at a Denver milk packaging plant operated by the company lost four fingers while operating a molding machine that lacked required safeguards. Following an …

Takeaways from Our Conversation about Cannabis Product Liability Suits Worth Watching

If you ask just about any insurance pro or risk manager to list the top exposures for a company, being sued is likely to be right up there. And if you boiled that down into another list, among the greatest …

How Extreme Weather Makes Everything Harder, Except Climate-Risk Analysis

It’s been a momentous week for our understanding of the effects of greenhouse gas emissions. The Intergovernmental Panel on Climate Change’s sixth report on the physical science of global warming last Monday brought home the connection between burning fossil fuels …

Fred Expected to Bring Tropical Storm Conditions to Florida

Fred is forecasted to bring tropical storm conditions in portions of Florida Saturday according to a National Hurricane Center Aug. 13 update. The Keys, southern and central Florida could see between three to six inches of rain as the storm …

Wildfires Threaten Rural Towns in Montana, California

Wildfires in Montana threatened rural towns and ranchland while victims of a California blaze returned to their incinerated community, even as the U.S. West faced another round of dangerous weather and smoke pollution fouled the air. Firefighters and residents have …

People Moves: Texas Agent, Padron, Named Invest Chair

Invest Invest, the classroom-to-career education program backed by the Independent Insurance Agents and Brokers of America, appointed Juan Padron, partner at SafeGuard Insurance Agency in McAllen, Texas, as the new chair of the national Invest board. Padron has been part …

6 Tornadoes Confirmed in North Dakota’s Red River Valley

The National Weather Service confirmed the severe thunderstorms that moved through northern parts of the Red River Valley earlier this week produced six tornadoes. The weather service’s damage assessment team said tornadoes were confirmed near Starkweather, east of Binford, north …

Texas Sees Increasing Numbers of Pedestrian and Bicyclist Deaths

Texas transportation officials say in 2020 there was a dramatic rise in the number of people killed walking and biking on roadways. Despite a decrease in traffic crashes in 2020, 731 people died in pedestrian-related crashes, an increase of 9% …

Alera Group Acquires Risk Consulting Partners

Deerfield, Illinois-based Alera Group acquired Risk Consulting Partners (RCP), a firm that specializes in working with private equity firms and assessing risk exposures across all companies in their portfolios. With core competencies in property/casualty insurance, employee benefits, life insurance, risk …

Accenture: Systems Restored, ‘No Impact’ From Reported Ransomware Attack

Accenture said it has fully restored certain affected systems, after a CNBC reporter tweeted of a hacker group saying it attacked the IT consulting firm using LockBit ransomware and threatened to release the data in several hours. “Through our security …

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