June 23, 2020
Four workers were injured on June 18 when the gas main they were repairing erupted in flames, officials said. The explosion happened about 1 p.m. at an intersection near a community center and an elementary school in the Little Rock …
June 22, 2020
With an industry overall combined ratio for 2019 hovering just below 100, and individual lines like long-tail liability moving 10 points over breakeven, the U.S. commercial lines market has “plenty of room for improvement,” Fitch Ratings reports. But improvement isn’t …
June 18, 2020
In recognition of economic stress being experienced by many of its 18,000 Maine workers’ compensation insurance policyholders, Portland, Maine-based MEMIC’s board of directors has authorized the immediate distribution of a $17 million dividend to eligible employers. The 2020 MEMIC dividend …
June 18, 2020
Hundreds of workers are still absent from the Smithfield meatpacking plant in Sioux Falls because of the coronavirus pandemic, according to union leaders. AFL-CIO secretary treasurer BJ Motley says between 800 and 1,200 of the plant’s 3,700 employees are either …
June 17, 2020
California Insurance Commissioner Ricardo Lara today issued an order adopting emergency workers’ compensation regulations in response to the COVID-19 pandemic. The new regulations go into effect on July 1. The regulations require insurance companies to recompute premium charges for policyholders …
June 15, 2020
Employees who come to work even though they are sick are a top concern for workers in Wisconsin, according to a new study released by Wisconsin Safety Council (WSC) and Rural Mutual Insurance Co. WSC and Rural Mutual reported 85% …
June 15, 2020
Smithfield Foods Inc. is missing about a third of its employees at a South Dakota pork plant because they are quarantined or afraid to return to work after a severe coronavirus outbreak, according to the workers’ union. Tyson Foods Inc. …
June 11, 2020
Senate Republicans are drafting legislation that would let employers choose which government coronavirus safety guidelines to follow in order to be shielded from lawsuits if their customers or workers contract the virus, GOP Senator John Cornyn said Wednesday. Cornyn said …
June 10, 2020
Ratings issuer A.M. Best said it has removed from under review with negative implications and affirmed the Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit Ratings of “a” of five companies collectively referred to as North American Casualty …
June 9, 2020
The COVID-19 pandemic has upended lives, families, business routines, and the economy. Today, despite an uptick in May, 21 million people are unemployed in the United States, and the workforce has dropped to 137 million. Labor force participation has dipped …