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Texas Mutual Distributes $1.1M in Grants for Workforce Development

Texas Mutual Insurance Co. has distributed $1.1 million in grants to 16 organizations across the state to fund workforce development programs. “The Texas workforce is one of the strongest in the country, and investments like these grants from Texas Mutual …

Venice Floods, Australia Bushfires, India Cyclone Top November Catastrophes

Flooding and inland storms led to multi-billion-dollar economic loss in western and southern Europe during November, according to insurance broker Aon’s latest edition of its monthly Global Catastrophe Recap report. Italy suffered the majority of losses as an active stretch …

FDA Moving Quickly to Approve New Drugs. Is It Too Quickly?

The U.S. is approving new drugs so fast that companies are now preparing for a green light months in advance of the scheduled decision date, a pace that’s helping patients with rare or untreatable diseases but raising alarm among consumer …

A Decade After Gulf Oil Spill, a New Wave of BP Lawsuits Hits Courts

A new wave of lawsuits against BP is hitting the federal courts nearly a decade after the Gulf oil spill. The new litigation is the result of a court ruling that blocks thousands of people from a medical settlement negotiated …

Asbestos, Looting Plague Colorado Springs Apartments

Colorado health officials say they’re looking into asbestos contamination at an apartment development and warn the property owner could face fines for violations. Over 100 residents of the apartment buildings in southeast Colorado Springs have been told to leave in …

Shooting Survivor Suing Southern California Synagogue

A man wounded in a shooting at a San Diego, Calif.-area synagogue is suing the house of worship, alleging Chabad of Poway didn’t use federal funds meant to hire security to protect worshipers, according to a newspaper report. In the …

Silver 2019 Best Agency to Work For – West: Morris & Garritano

There were roughly 25 people promoted at Morris & Garritano (M&G) last year. That means the odds weren’t too long for being one of the firm’s 125 employees who got a leg up. And last year was no anomaly. “That’s …

Guy Carpenter, MGA Victor to Offer Coverage to U.S. Public Entity Pools

Managing General Underwriter Victor is now offering Guy Carpenter clients who are members of U.S. public entity insurance pools a range of property and casualty insurance products not traditionally offered by the pools. Public entity insurance pools provide property and …

Silver 2019 Best Agency to Work for Southeast – Century Risk Advisors

Investing in Its People Century Risk Advisors is a relatively young agency, founded in just 2013 in Boca Raton, Fla. But it boasts an impressive track record in the insurance industry as the second agency formed by Chairman Ron Reshefsky, …

E-Cigarette Makers Lose Legal Challenge to FDA’s Regulatory Authority

U.S. rules for marketing e-cigarettes withstood a legal challenge by a maker of the devices and an industry group. A federal appeals court in Washington upheld the Food and Drug Administration’s regulatory authority over electronic cigarettes, which deliver to users …

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