A Tennessee plumbing company has been ordered to pay back wages, damages and civil penalties for violating federal requirements related to overtime, record keeping and child labor laws, the U.S. Department of Labor said. The department said Tim Jurisin Plumbing …
Hundreds of firefighters continued to battle three major wildfires burning in forested mountains and desert hills across Arizona. Crews were fighting fires in the Santa Catalina Mountains in the Coronado National Forest overlooking Tucson, in the Tonto National Forest northeast …
Los Angeles, Calif.-based Worldwide Facilities has named Brad Perilman a senior executive vice president for mergers & acquisitions. Perilman will lead Worldwide Facilities’ M&A activities. His responsibilities will include transaction sourcing, strategic and financial analysis, diligence management and assisting with …
The U.S. Supreme Court on Monday placed limits on the Securities and Exchange Commission’s practice of forcing defendants to surrender profits obtained through fraud as part of its enforcement of investor-protection laws in federal courts. The court reaffirmed the agency’s …
With an industry overall combined ratio for 2019 hovering just below 100, and individual lines like long-tail liability moving 10 points over breakeven, the U.S. commercial lines market has “plenty of room for improvement,” Fitch Ratings reports. But improvement isn’t …
A group of brokers and insurers in the London market has come together to announce a new approach to keeping the products of modern slavery out of the export supply chain. Fidelis, Aon and Marsh have developed a clause which …
The U.S. Coast Guard rescued 10 people from northern Michigan’s Grand Traverse Bay after their boat began sinking, plunging the boat’s passengers into the chilly waters, officials said. The Coast Guard said it dispatched a rescue boat and a helicopter …
A second lawsuit has been filed against an Oregon ranch accused of causing millions of dollars in damages by negligently igniting a 2018 wildfire. The federal government filed a complaint claiming that J-Spear Ranch of Paisley, Oregon, started the Watson …
A magnitude 4.9 earthquake struck central Nevada Friday afternoon, the U.S. Geological Survey confirmed. The temblor struck at 1:42 p.m. about 21 miles southeast of Mina, Nevada, in Esmeralda County’s Monte Cristo Range. Minor quakes have rattled the region since …
Two-year old Liberty Mutual Re said it has appointed Scott Mackie to the role of director of Assumed Reinsurance – Property. Mackie will be responsible for managing the underwriting of U.S. property risk and pro-rata business. Most recently senior property …
