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Beazley Launches Consortium at Lloyd’s for Wage & Hour Risks

Beazley has launched a new consortium at Lloyd’s to bring increased capacity for wage & hour risks, expanding the choices available to U.S. organizations. Building on Beazley’s experience in employment practices liability (EPL), and the 2015 launch of Workplace Protect, …

Regulators Propose $2.2M Settlement with CSX Over West Virginia Derailment

Federal officials have announced a $2.2 million proposed settlement with CSX Transportation to resolve the company’s liability for water pollution violations stemming from a train derailment that caused an oil spill in West Virginia. The U.S. Environmental Protection Agency, the …

Texas Petrochemical Contractor to Pay $135K in Disability Suit Settlement

A Texas petrochemical services company that fired three brothers because of a blood disorder that they shared will pay $135,000 to settle a lawsuit filed by federal officials over the firing. Signature Industrial Services LLC in Beaumont has also committed …

Miami Man Accused of Torching 40 Golf Carts at Beckham Soccer Stadium Site

A 20-year-old man is accused of arson after police say he set fire to a Miami golf course where David Beckham hopes to build a soccer stadium. The Miami Herald reports Carlos Crespo was arrested late Wednesday. Police said around …

Commentary: How Florida’s Flood Insurance Model Could Work Nationwide

While Congress works on various reforms to the National Flood Insurance Program (NFIP), the time is ripe for the private insurance market to step up and play a greater role in providing Americans needed flood coverage. Last month in Salt …

FEMA Grows Its Flood Reinsurance Plan with $500 Million Cat Bond

The Federal Emergency Management Agency (FEMA) has secured a reinsurance placement for the National Flood Insurance Program (NFIP) that for the first time is directly backed by capital markets investors. FEMA has entered into a three-year reinsurance agreement, effective August …

Atlas General, Accredited Surety to Offer Workers’ Comp Coverage in California

Atlas General Insurance Services, LLC, a national multi-line program administrator, has added an exclusive new workers’ compensation insurance program with Accredited Surety & Casualty Co. Accredited recently expanded its insurance offerings to include workers’ compensation and selected Atlas as its …

Hite Opens Third Brightway Insurance Franchise in Florida

Josh Hite, owner of Brightway Insurance agencies in Boynton Beach, Fla., and Bluffton, S.C., is the new owner of an agency in Lake Worth, Fla., making him the first Brightway franchisee to own three stores, according to the company. The …

Another 2K California Homeowners Eligible for Retrofit Grants

More than 2,000 homeowners will get free money to retrofit their homes to help them better withstand earthquakes, according to the top official at the California Earthquake Authority. The homeowners were on a waiting list for the Earthquake Brace + …

Cavignac & Associates in California Names Cortez Professional Liability Account Administrator

San Diego, Calif.-based Cavignac & Associates has named Jasmin Divino Cortez an account administrator within the agency’s professional liability department. Cortez will provide support and assistance to the department’s account executive and account manager. She is responsible for processing endorsements, …

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