May 7, 2020
An overnight gas leak at an LG Chem Ltd. polymer plant in southern India has killed at least seven people and forced the evacuation of thousands in the city of Visakhapatnam after the company tried to restart operations following the …
May 7, 2020
The family of a cruise crew member who died after testing positive for COVID-19 filed a lawsuit against Royal Caribbean Cruises on Tuesday saying the company failed to protect its employees as the pandemic ravaged sailings around the world. The …
May 7, 2020
A high-rise tower caught fire Tuesday in the United Arab Emirates and authorities said it wasn’t immediately clear what caused the blaze. The sides of the 48-floor Abbco Tower in Sharjah saw flames shoot up them. The city neighbors Dubai. …
May 7, 2020
Ryan Specialty Group (RSG), headquartered in Chicago, has appointed Brendan M. Mulshine as chief revenue officer. In his expanded position, Mulshine has the responsibility for working closely with RSG’s business units, R-T Specialty LLC and RSG Underwriting Managers LLC to …
May 7, 2020
The chairman of Berkshire Hathaway said that while his insurance units aren’t heavily exposed to underwriting losses from the COVID-19 pandemic, they would be willing to insure pandemics in the future. “The answer is we insure a lot of things. …
May 7, 2020
Suppose you’re working in an essential industry and your employer hasn’t provided you with adequate personal protective equipment. Maybe you say to yourself, “Okay, there’s a shortage, they’re trying.” Then you discover that just a couple of years ago, your …
May 7, 2020
A U.S. federal judge has dismissed a worker advocacy group’s lawsuit accusing Smithfield Foods Inc., the world’s largest pork processor, of failing to adequately protect employees from the novel coronavirus at a plant in Missouri. Smithfield is already taking many …
May 6, 2020
California Gov. Gavin Newsom today announced that workers who contract COVID-19 while on the job may be eligible to receive workers’ compensation. The governor signed an executive order that creates a time-limited rebuttable presumption for accessing workers’ comp benefits applicable …
May 6, 2020
Calabasas, Calif.-based Topa Insurance Group has named Michael Day president and CEO on a permanent basis. Day has been leading Topa Insurance Group on an interim basis since stepping in for the departing John Donahue, who left in early January …
May 6, 2020
Lloyd’s insurer Hiscox has successfully raised capital of approximately £375 million (US$465 million) as a result of an equity placement of new ordinary shares. The company announced the equity placing on May 5, which was successfully completed on May 6. …