Business Insurance RSS feed
World Insurance buys construction specialist
World Insurance Associates LLC said Friday it acquired JBL Trinity Group Ltd., an Atlantic Highlands, New Jersey-based brokerage that specializes in New York City construction and marine insurance.
New York AG questions Trump surety bond; Trump responds
The New York Attorney General Thursday challenged a $175 million surety bond posted by Donald Trump in a civil fraud case.
Roofer cited for repeat fall hazard violations
The U.S. Occupational Safety and Health Administration said Friday that it cited a St. Louis-based roofing contractor for repeat violations after inspectors observed workers exposed to fall hazards at five residential work sites in November 2023.
Commercial insurance average rate hikes slow in Q1: MarketScout
Commercial insurance rates rose an average of 3.9% in the first quarter of 2024, compared with 5.6% in fourth-quarter 2023, according to data from insurance exchange MarketScout Corp. released Friday.
Material Girl’s lawyers say no material injury in late-start concerts
Madonna, who is being sued alongside concert promoter Live Nation for starting her New York concert late, is asking a federal judge to dismiss the proposed class action.
California could require anti-overdose meds in first aid kits
Lawmakers in California will be considering a bill that would require employers to stock anti-opioid overdose medication in their required first aid kits.
Comp board erred in occupational hearing loss claim: Appeals court
A New York appellate court said Thursday that the state’s Workers’ Compensation Board erred when it failed to consider the results of an audiogram during an independent medical examination in a case involving a worker’s alleged occupational hearing loss.
Kentucky governor signs workers comp treating physician bill
Kentucky Gov. Andy Beshear on Thursday signed into law a bill that opens up the pool of providers permitted to handle claims involving injured workers.
Baltimore shipping set to resume by end of April
The U.S. Army Corps of Engineers said Thursday it expects to open a new channel to the Port of Baltimore by the end of April, freeing up commercial shipping blocked by a collapsed bridge, and then restore port access to full capacity by the end of May.
Alaska Air says Boeing paid it $160M in compensation for grounding
Alaska Air Group said Thursday that Boeing Co. had paid it about $160 million in the first quarter as initial compensation to address the hit from the temporary grounding of 737 MAX 9 jets.
‘Extremely active’ Atlantic hurricane season forecast: Colorado State
The Colorado State University Department of Atmospheric Science on Thursday forecast an “extremely active” 2024 Atlantic basin hurricane season, which will likely include U.S. storm landfall.
Injured worker’s medical claim petition wrongly dismissed: Appeals court
A Pennsylvania appellate court on Thursday said a workers compensation judge erred in ruling that a worker injured in 2006 had the burden to show that his ongoing medical issues were connected to the workplace accident.
Axa XL exits US crop insurance business with sale of Global Ag unit
Farmers Mutual Hail Insurance Co. of Iowa said Thursday it has acquired Global Ag Insurance Services LLC from commercial and specialty insurer Axa XL, a unit of Axa SA.
Aon names New York City leader
Aon PLC Thursday named Uri Dallal New York City market leader.
Lawsuit by injured roofer wrongly dismissed: Florida appeals court
A Florida appellate court on Wednesday reversed a decision granting summary judgment to a contractor who was sued by a worker who alleges he was injured during a fall while he was securing a tarp to the roof of a two-story residence in preparation for an insurance inspection.
Drivers divided on whether Fido should run free in the car
Could doggy car seats in cars be the next leash in terms of laws requiring them? That was the focus of a recent survey commissioned by Erie Insurance and conducted online by The Harris Poll.
Logistics company’s $1.8 million win against Chubb unit reversed
The 2nd U.S. Circuit Court of Appeals Thursday overturned a logistics company’s win against a Chubb Ltd. unit over damage to a pallet of rheumatoid arthritis medication while being loaded onto a plane in Dublin.
Judge dismisses OSHA citations, fine against USPS
An Occupational Safety and Health Review Commission administrative law judge Wednesday dismissed three citations and a total penalty of $148,137 against the U.S. Postal Service, saying alleged violations at a mail-sorting facility in Portland, Oregon, were unproven.
Emperion announces standalone IME business
Emperion, a Wayne, Pennsylvania-based company offering independent medical examination services in workers compensation claims, announced Wednesday that it has taken on all IME, peer review and independent review organization services from Enlyte LLC.