Business Insurance RSS feed

An NFP Corp. unit Wednesday sued Alliant Insurance Services Inc. alleging the rival brokerage poached 19 employees, including real estate practice leader Gary Pestana.

World Insurance Associates LLC Thursday said it acquired the business of InterWeb Insurance LLC on April 1.

Rating agency A.M. Best Co. Inc. said Thursday it has downgraded Brotherhood Mutual Insurance Co.’s financial strength rating to good B++ from A-.

Pennsylvania lawmakers have filed legislation to legalize recreational marijuana, a measure sponsors say is grounded in “safety and social equity” while emphasizing safe workplaces.

Psychosocial hazards in the workplace are causing physical and psychological harm to employees at increasing rates and driving a call to improve worker well-being, according to a report released Wednesday by the National Institute for Occupational Safety and Health.

The South Carolina Supreme Court on Wednesday ruled the state’s Workers’ Compensation Commission wrongly determined a worker didn’t suffer a repetitive trauma injury and that it erred in strictly relying on an employer-commissioned ergonomics report.

Lloyd’s of London Thursday said Dawn Miller has been appointed chief commercial officer of Lloyd’s and CEO of Lloyd’s Americas, effective Sept. 1, as Hank Watkins, regional director and president of Lloyd’s Americas, prepares to step down after 15 years at Lloyd’s.

A Vermont trial court judge recently flushed an insurance company’s collection dispute with a plumbing contractor, finding an attorney’s failure to appear for trial after being unable to find parking was no reason to reopen the case.

The Lloyd’s of London insurance market’s environmental, social and governance standards are weak, as its members have exposure to fossil fuel projects and weapons, non-profit ShareAction said in a report on Thursday.

Mark Willis, a longtime executive at American International Group Inc., died Saturday.

RT Specialty, the wholesale distribution division of Ryan Specialty Group, Wednesday said Jason Murrey has been promoted to president of commercial lines binding authority.

Victor Insurance Managers LLC, the managing general underwriting business of Marsh LLC, on Wednesday named Tim McDougald president of its U.S. specialty business.

The U.S. Occupational Safety and Health Administration said Wednesday that it cited national grocery chain Trader Joe’s Co. after a December 2023 workplace inspection uncovered numerous safety violations related to forklift operations.

Argo Group International Holdings Ltd. on Wednesday named former Markel Corp. executive Julie Saunders senior vice president, head of inland marine.

Students from eight university teams will compete at the upcoming Risk and Insurance Management Society Inc.’s annual RISKWORLD conference in San Diego for the 2024 Spencer-RIMS Risk Management Challenge top honor.

An Illinois appeals court ruled Friday that a municipal worker was entitled to workers compensation benefits after a work-related fall, finding the award proper because the man was a “traveling employee” at the time of the July 2018 incident.

A Louisiana appellate court has ruled that an oil field surveyor was not entitled to workers compensation benefits on his COVID-19 occupational disease claim.