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Worker’s Death on Gulf Platform Subject of Federal Probe

Federal regulators are investigating the weekend death of a worker on an oil production platform in the Gulf of Mexico. The contractor was removing out-of-service fire suppression equipment when he was fatally injured on the offshore platform Saturday, according to …

Survey: Minnesota’s Jump in Uninsured Led by Drop in Private Coverage

The number of Minnesota residents without health insurance jumped by 116,000 in the past two years, the state Department of Health said. A biennial survey by the department and the University of Minnesota School of Public Health found that the …

XL Catlin Names Thyme as Director of Emerging Markets Development

XL Catlin has appointed Claudia Thyme to the role of director, Emerging Markets Development. In this role, Thyme will contribute to XL Catlin’s emerging market strategies, with a particular focus on Latin America. Thyme has 20 years’ experience in the …

Law Enforcement Officers 3 Times More Likely to Be Injured Than Other Workers

An estimated 669,100 law enforcement officers were treated in emergency departments across the nation for nonfatal injuries between 2003 and 2014, according to a study by researchers at the National Institute for Occupational Safety and Health (NIOSH). Law enforcement officers …

UK’s RSA Insurance Posts Above-Forecast Profit of $920.2M in 2017

Even higher payouts for RSA shareholders are likely in 2018, chief executive Stephen Hester said on Thursday after the company posted an above-forecast 2017 operating profit and boosted its dividend by 23 percent. Analysts had been looking for a special …

Alaska Governor Wants $10M for Seismic Surveying

Gov. Bill Walker’s administration has asked the Alaska Legislature for permission to spend $10 million on seismic surveying in the coastal plain of the Arctic National Wildlife Refuge. The seismic survey funding was included last week in a supplemental spending …

California Law Preventing Actor Ages from Being Posted Struck Down

A California law that sought to prevent age discrimination in the entertainment industry by blocking a popular Hollywood website from posting the ages of actors was struck down Tuesday as unconstitutional. U.S. District Court Judge Vince Chhabria in San Francisco …

UK Marine Insurer Steamship Mutual Chooses Netherlands for Post-Brexit HQ

British ship insurer Steamship Mutual plans to set up a new Dutch subsidiary to ensure continued access to trade in the European Union in case Britain loses single market access. “We are about to apply for a license to establish …

How Insurance Agencies Fared in Q4

Insurance agencies and brokerage firms ended 2017 with gains in organic growth and profitability in the fourth quarter. The 175 midsize and large agencies and brokerages participating in Reagan Consulting’s Organic Growth and Profitability (OGP) Survey reported overall growth. Agency …

Ryan Specialty Group to Acquire New Jersey’s New Day Underwriting Managers

Ryan Specialty Group LLC (RSG) has reached a definitive agreement to acquire the assets and operations of New Day Underwriting Managers LLC (New Day), a specialty intermediary with offices in Hamilton, N.J. New Day will become part of R-T Specialty …

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