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People Moves: Hylant Names Reyes Risk Leader and Adds NC Benefits Team Members

Hylant, one of the larger privately held insurance brokers in the country, has made a number of personnel changes in recent weeks. Alejandro Reyes will lead Ohio-based Hylant’s business risk consulting teams, which help clients manage operational risks, the company …

Assumable Mortgages Could Save Buyers Thousands in Interest, Startup Says

A New York startup company said it is now offering a platform that will make it easier for homebuyers to assume a mortgage from the seller, potentially saving buyers significantly over current interest rates. Roam, as it’s known, launched last …

People Moves: Bundy to Lead Burns & Wilcox San Diego Office

Kendall Bundy has joined Burns & Wilcox and will lead its San Diego, Calif. office. Bundy most recently served as a vice president at RT Specialty and also worked as project manager at Fieldwork Network. Burns & Wilcox is headquartered …

Washington Proposes 4.9% Increase in Workers’ Comp Rates for 2024

The Washington State Department of Labor & Industries is proposing a 4.9% increase in the average hourly rate employers and workers will pay for workers’ compensation insurance next year. If adopted, the increase would have employers and workers jointly paying …

Law Enforcement Seizes Museums’ Artworks Believed Stolen During Holocaust

Three artworks believed stolen during the Holocaust from a Jewish art collector and entertainer have been seized from museums in three different states by New York law enforcement authorities. The artworks by Austrian Expressionist Egon Schiele were all previously owned …

Turbulence as P&W Engine Flaw Forces Airlines to Lease More Craft and Crews

(Bloomberg) — Airlines are scrambling to find replacements for hundreds of single-aisle jetliners that will be sidelined by a recently discovered engine issue, providing a boon to companies that lease out aircraft and crews. About 3,000 Pratt & Whitney geared …

People Moves: ReSource Pro Names Boyer as VP; Distinguished Programs Adds Kerrigan as General Counsel

ReSource Pro, headquartered in New York, N.Y., named Brittany Boyer as its Vice President of Product. Boyer brings with her over 17 years’ experience in the insurance industry. Before joining ReSource Pro, Boyer served as executive director of client strategy …

New York Contractor Sentenced for Defrauding State Workers’ Comp Fund

A drywall contractor has been sentenced to six months in jail for defrauding the New York State workers’ compensation insurance fund out of almost $3 million in premiums over an eight-year period. The Manhattan District Attorney announced the sentence this …

Houston Contractor Exposed Workers to Falls, Electrical Hazards, and Amputations, U.S. Department of Labor Investigation Finds

A U.S. Department of Labor workplace safety investigation has found that a Houston-based contractor willfully and repeatedly exposed its workers to falls, electrical hazards and amputations. Following a March 9, 2023, complaint, investigators with the department’s Occupational Safety and Health …

Ohio Roofing Contractor Faces $548K in Fines for Exposing Workers to Deadly Fall Hazards

On four occasions in less than three months in 2023, U.S. Department of Labor inspectors observed a Millersburg, Ohio roofing contractor again exposing workers to deadly fall hazards of up to 19 feet at four residential roofing job sites in …

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