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New York Begins Probe Into Toxic Metals in Baby Food

New York’s attorney general said on Thursday she has opened a probe into whether baby food contains arsenic and other toxic metals, and asked four manufacturers to provide information on whether their infant rice cereal products are safe. In letters …

Liberty Mutual Weighing Options, Delays Australian Coal Mine Project

MELBOURNE — U.S. insurer Liberty Mutual will not be filing an environmental impact assessment for a coal project in Australia, it said on Friday, missing a deadline as it weighs alternatives for the proposed mine. Community groups worried about pollution …

H.W. Kaufman Expands in Europe, Adding Amsterdam Office, London Healthcare Unit

U.S.-based specialty insurance firm H.W. Kaufman Group is expanding within Continental Europe through the opening of a new office in Amsterdam, the Netherlands, and the addition of a specialty healthcare insurance team in London. The new H.W. Kaufman Group Europe …

CFC to Launch Lloyd’s Syndicate with Asta as Manager

LONDON — Specialty insurance underwriter CFC reported that Lloyd’s of London has given preliminary approval to the creation of CFC Syndicate 1988. The new syndicate will be managed by Asta Managing Agency Ltd. CFC and Asta said they are working …

California MGU Foresight Expands Commercial Property Offerings

San Francisco-based Foresight Risk & Insurance Services is offering new commercial property insurance lines coverages including inland marine, contractors equipment and builders’ risk, which will be offered as a complement to workers’ compensation. Foresight describes itself as a disruptive commercial …

Milwaukee Area Water Technology Facility Faces $234K in OSHA Penalties

Federal workplace safety officials have cited a water technology company after an employee was injured when a guardrail loosened and he fell and struck his head on a support beam as he lowered himself into a nearly 30-foot deep water …

Reno, Nevada, to Settle Lemmon Valley Flood Lawsuit for $4.5M

Reno, Nevada, city officials said they have reached a tentative agreement to pay $4.5 million to settle a lawsuit brought by residents whose homes in the community of Lemmon Valley were flooded north of town in 2017 after the city …

Wisconsin’s M3 Insurance Unveils M3 Elevate for Small Businesses, Individuals

Madison, Wisconsin-based M3 Insurance (M3), an insurance broker and risk management firm with seven locations throughout Wisconsin and Illinois, has launched M3 Elevate (Elevate), a new division that encourages small business owners and leaders to think of insurance and benefits …

Texas Insured Who Paid Part of Settlement May Seek Recovery from Carrier

A woman who chipped in $100,000 toward a settlement after a car crash can sue her insurer to seek recovery of that cost, but cannot seek damages in excess of the policy limits for negligent failure to settle because there …

Louisiana 2020 Hurricane Insured Claim Costs Still Rising

Insurers have increased by 25% since the end of last year estimates of the claims costs for three hurricanes that struck Louisiana in 2020, according to the state insurance department. The Louisiana Department of Insurance reported that insurance companies now …

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