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South Africa Develops Public-Private Scheme to Provide Drought Insurance for Farmers

JOHANNESBURG – Happy Letsitsa hasn’t paid off the money he borrowed to survive a 2019 drought that ravaged his maize and sunflower farm in the South African province of Free State. He has no drought insurance. If rains fail again, …

Mega IPO Planned for India’s Biggest Insurer

India approved the sale of shares in state-run insurer Life Insurance Corp. of India, a key step in moving ahead with the mega-listing. The cabinet committee on economic affairs cleared the initial public offering proposal, according to Disinvestment Secretary Tuhin …

How Zoom and ‘Quarantine 15’ Created Perfect Storm for Soft Tissue Injuries: Viewpoint

In a normal year, work-related musculoskeletal disorders (MSDs), also known as soft tissue injuries, account for roughly 34% of lost work-days in the U.S. and one-third of the dollars spent on workers compensation claims. But this was anything but a …

Cal/OSHA: Protect Workers from Unhealthy Air due to Wildfire Smoke

Cal/OSHA is cautioning California employers to be prepared to protect workers from unhealthy air due to wildfire smoke. When workers are at risk form unhealthy air from wildfires, California’s protection from wildfire smoke standard requires employers to take steps such …

Feds Authorize Emergency Procedures to Help Drought-Impacted Producers

The United States Department of Agriculture is authorizing emergency procedures to help agricultural producers impacted by extreme drought conditions. USDA’s Risk Management Agency is working with crop insurance companies to streamline and accelerate the adjustment of losses and issuance of …

Texas Man Ordered to Pay $410K in Restitution for Fake Medical Bills

A Texas man must serve 10 years probation and pay hundreds of thousands of dollars in restitution after fraudulently filing claims for medical tests he was not authorized to perform on workers allegedly including his mother, state insurance regulators say. …

People Moves: Holmes Murphy Promotes 3; Plexus Groupe Names Fawcett Sr. VP; Komo Joins Missouri DCI

Holmes Murphy Waukee, Iowa-based Holmes Murphy named Ellen Willadsen chief innovation officer (CIO); Lindsay Chase assumed the role of the firm’s chief financial officer (CFO); and Susan Hatten has been promoted to the role of Holmes Murphy’s chief marketing officer …

People Moves: Oklahoma’s OGA Adds 4; Patterson Honored by Texas Legislature

One General Agency (OGA) One General Agency (OGA) in Oklahoma City added four new team members. Jennifer Konemann is the firm’s new workers’ compensation underwriter. She has more than 25 years of experience as a commercial lines account manager. Her …

People Moves: AXA XL Hires AXIS’ Watson as Snr U/W; Hartford’s Pallett to Tegron; Chubb’s Bagaric to BHSI; MGA Spring Hires AXA XL’s Stanford

These international People Moves detail appointments at AXA XL, Tegron Specialty (the new D&O underwriter), Berkshire Hathaway Specialty Insurance, and London-based MGA platform Spring Partners. A summary of these new hires follows here: AXA XL has appointed David Watson as …

Texas Medical Equipment Company Owners Convicted of $27M Fraud

The Dallas-area owners and operators of two durable medical equipment companies have been convicted on insurance fraud and money laundering charges, the U.S. Attorney’s Office for the Northern District of Texas reported. Federal officials said Leah Hagen, 49, and Michael …

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