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Trump Labor Secretary Thinks Obama Overtime Rule Needs Review

President Donald Trump’s nominee for labor secretary expressed support for increasing the salary threshold at which overtime currently must be paid to employees, but criticized the doubling in the rate put in place by the Obama administration. During Alexander Acosta’s …

Neon Launches Marine & Offshore Construction Consortium

Specialist Lloyd’s underwriter Neon has launched a Marine and Offshore Construction Consortium. Seeking to address the increasingly tailored insurance needs of shipyard clients, the Neon led-consortium offers $70 million capacity for shipyard construction and $55 million for rig construction, said …

XL Catlin Appoints QBE’s Tuplin as Head of Cyber & TMT, International

XL Catlin’s insurance operations has appointed James Tuplin as head of Cyber and Technology, Media & Telecoms (TMT), International. In this role, Tuplin is responsible for the underwriting of cyber insurance, as well as professional indemnity insurance for the technology …

Parliament Reopens After London’s Worst Terror Attack in More Than 10 Years

Parliament got back to work on Thursday after London’s worst terror attack in more than a decade left four people dead, including the assailant and the police officer he stabbed. Lawmakers, and those investigating the crime scene outside, held a …

Reliance Partners Adds Copeland to Leadership Team in Tennessee

Reliance Partners has expanded its leadership team with the addition of veteran insurance professional Stephen Copeland as senior director of Customer Service. Copeland has more than 20 years of industry experience, which includes independent agency management as the commercial lines …

UNC Health Warns Prenatal Patients of Possible Medical Info Leak

University of North Carolina Health Care System has sent out a letter alerting its prenatal patients that their confidential medical information may have been shared with their home county by mistake. On Monday, the UNC Health Care System sent letters …

Chubb Introduces Online Workers’ Comp Policy System for Small Business Agents

Chubb has introduced a new online system for independent agents that will quote and issue a comprehensive workers’ compensation policy for small businesses. Chubb’s workers’ compensation policy for small business owners targets a range of industries, with coverage features such …

Florida Man Arrested for Setting Car on Fire to Collect Insurance Payout

A resident in Orange County, Florida, is alleged to have committed an insurance scheme that included having his car stolen and destroyed to collect an insurance payout. Chief Financial Officer Jeff Atwater announced the recent arrest of Michael Abrams on …

Alabama Confirms Bird Flu in 2 Poultry Flocks

Alabama officials have confirmed bird flu in two poultry flocks, just a week after three commercial breeders had to kill their chickens across the state line in Tennessee. The state veterinarian announced that chickens are under quarantine after testing positive …

California Congressmen Introduce Earthquake Mitigation Tax Incentives

A pair of Congressmen from California today introduced the Earthquake Mitigation Incentive and Tax Parity Act of 2017 to exclude incentives for residential seismic retrofits from federal taxation. The act was introduced by Reps. Mike Thompson, D-St. Helena, and Paul …

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