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Lawsuit Seeks OSHA Records on Deaths of 3 Amazon Workers
A worker activist has sued the Department of Labor (DOL) to force the release of records surrounding the deaths of three workers at New Jersey Amazon workplaces in 2022. The lawsuit says DOL’s Occupational Safety and Health Administration (OSHA), which …
POSTED NOVEMBER 27, 2024 7:30 PM |
Cyberattacks Cost UK Businesses £44 Billion During Past 5 Years, Howden Survey
Cyberattacks cost UK businesses approximately £44 billion (US$55.3 billion) in lost revenue over the past five years, according to research published by Howden, the London-based insurance intermediary group. Half of those businesses (52%), or 1.3 million private sector companies, have …
POSTED NOVEMBER 27, 2024 5:18 PM |
Louisiana Gov. Landry Raises Concerns Over $3B Coastal Restoration Project
NEW ORLEANS (AP) — Louisiana Gov. Jeff Landry raised serious objections Thursday to a $3 billion project long hailed as key to restoring the state’s eroding coastline, decrying the growing cost and predicting dire harm to a coastal culture dependent …
POSTED NOVEMBER 27, 2024 4:41 PM |
Wisconsin Man Charged With Crop Insurance Fraud
A Wisconsin man has been charged with defrauding the Federal Crop Insurance Program, the U.S. Attorney’s Office for the Western District of Wisconsin announced. Lance G. Meier, 52, Ogema, is charged with defrauding the federal crop insurance program. The indictment …
POSTED NOVEMBER 27, 2024 4:36 PM |
Tank Containing Oil Drilling Byproducts Explodes Near GM Plant in Michigan
BRIGHTON Mich. (AP) — A tank containing byproducts from oil drilling operations exploded and caught fire Tuesday near the General Motors Proving Ground in southeastern Michigan, damaging two nearby homes but causing no injuries, a fire chief said. Fire crews …
POSTED NOVEMBER 27, 2024 4:27 PM |
AM Best Upgrades Credit Rating of Texas Mutual
AM Best has upgraded the Financial Strength Rating to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Rating to “aa-” (Superior) from “a+” (Excellent) of Texas Mutual Insurance Company (Texas Mutual) based in Austin, Texas. The outlook of …
POSTED NOVEMBER 27, 2024 4:24 PM |
Patronis to Leave Florida CFO Job to Run for Gaetz’ Seat in Congress
Florida’s chief financial officer, Jimmy Patronis, whose office oversees insurance agent and adjuster licensing, along with insurance fraud investigations, plans to step down and run for Congress next year. News outlets reported that Patronis, a staunch supporter of President-elect Donald …
POSTED NOVEMBER 27, 2024 4:20 PM |
People Moves: Coalition Taps Munich Re’s Foster as Head of London Mkts.; Hamilton Re Expands Into Credit, Bond & Political Risk Reinsurance With Lottimore Appointment
This edition of International People Moves details appointments at the MGA Coalition and Hamilton Re. A summary of these new hires follows here. Coalition Taps Munich Re’s Foster as Head of London Markets Coalition, the San Francisco-based cyber managing general …
POSTED NOVEMBER 27, 2024 3:48 PM |
GM, Ford Fall on Trump Tariffs Seen Adding $3,000 to Car Prices
Shares of US automakers tumbled on worries that a new round of tariffs imposed by President-elect Donald Trump will cause sticker prices to soar even further. Trump said that he would impose additional 10% levies on goods from China and …
POSTED NOVEMBER 27, 2024 3:30 PM |
Leavitt Inland Pacific Merges with Troy Insurance Agency in Idaho
Leavitt Inland Pacific is merging with Troy Insurance Agency in Idaho. Both agencies are locally owned and affiliates of Leavitt Group, a network of insurance brokers. This strategic partnership enables Leavitt Inland Pacific to offer service team support and use …
POSTED NOVEMBER 27, 2024 3:25 PM |
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