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Life, Liberty, and the Pursuit of a Claims-Free Fourth of July

According to the Consumer Protection Safety Commission, about 9,700 people in 2023 were treated in emergency rooms for fireworks-related injuries. In its annual report, CPSC said there is a “statistically significant trend” upward in the number of ER visits for …

Report: Medical Costs for Workers’ Comp Rose 11% Nationally

Medical costs for workers’ compensation increased nationally 11% and first-party claims grew 5% over the last four years, a new report shows. Enlyte’s “Quarterly Medical Price Index (MPI) Report,” based on trends from professional medical bill services from Q1 2020 …

US P/C Underwriting Results: Two Years in a Row Over $20 Billion in the Red

For the second year in a row, the U.S. property/casualty industry booked an underwriting loss of more than $20 billion primarily due to the lackluster performance of personal auto and home insurance lines. The total U.S. P/C underwriting loss in …

Florida Arts Groups’ Insurance Could be Affected With DeSantis Veto of Funding

ORLANDO, Fla. (AP) — The Coral Gables Art Cinema will be short more than $100,000 this year. About $150,000 has suddenly disappeared from the Orlando Philharmonic Orchestra’s budget. The Miami New Drama also has an unexpected $150,000 budget hole. Across …

Hub Acquires Skinner & Co. in Georgia

Hub International, a global insurance brokerage, has acquired Georgia-based Skinner & Co., a brokerage offering commercial coverage, performance bonds and risk management services. Terms of the deal were not disclosed. Todd Skinner and team, in Marietta, Georgia, will now join …

Washington Insurance Commissioner Fines Unite Health, Others $500K for Violations

Washington Insurance Commissioner Mike Kreidler’s office issued more than $500,000 in fines in May and June for violations of state insurance laws and regulations, including fining Unite Health Share Ministries $300,000 for acting as an unauthorized insurer in Washington. Kreidler’s …

Court Finds Virginia’s Punitive Damages Cap Applies Per-Plaintiff in Charlottesville Case

A federal appeals court has ruled that Virginia’s $350,000 punitive damages cap applies on a per-plaintiff basis in a case against white supremacists who organized the “Unite the Right” rally in Charlottesville in August 2017. A Fourth Circuit Court of …

Connecticut’s Monroe Insurance Merges With Smith Brothers

Monroe Insurance Center, Inc., an independent insurance and risk management agency in Monroe, Connecticut, has merged its operations with Smith Brothers Insurance. The leadership team at Monroe Insurance Center including John Rodrigues, Anna Rodrigues, Peter Lozier, Gary Freeman, Alan Helfer, …

Jury Awards $68.5M to Family of Worker Who Fell to Death at Philly Construction Site

A Philadelphia jury has awarded $68.5 million in damages to the widow and son of a 38-year-old construction worker who was killed in 2021 in a fall from a fifth-floor balcony at a luxury townhouse site. Siarhei Marhunou’s widow, Hanna, …

Containment on Large California Fire Increased, but Temps Are Expected to Soar

Firefighters increased containment on the biggest wildfire currently burning in California, but triple-digit temperatures are expected to bake the state and increase wildfire risk. The Basin Fire in Fresno County has burned 13,551 acres and is 17% contained, but from …

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