Aggregator
Wildfires destroy Brazilian wetlands
Concrete firm cited after worker fatally crushed by shipping container
The U.S. Occupational Safety and Health Administration announced Tuesday that it cited an Alabama concrete company over the November 2023 death of a worker who was crushed by a shipping container.
Chubb makes more executive moves
Chubb Ltd. Wednesday named David Lupica as vice president, Chubb Group, and division president of Westchester, the insurer’s wholesale excess and surplus lines business in North America.
Purdue Pharma secures litigation ceasefire after Supreme Court ruling
Purdue Pharma on Tuesday received U.S. court approval for a 60-day freeze on lawsuits against its owners, members of the wealthy Sackler family, in its first court appearance since a landmark Supreme Court ruling upended its bankruptcy settlement.
Workers comp renewals remain stable
Workers compensation midyear renewals were stable, with employers continuing to benefit from a competitive market, experts say.
Marsh unit to buy Horton
Marsh McLennan Agency, the small and midsize brokerage unit of Marsh LLC, said Tuesday it has agreed to acquire Orland Park, Illinois-based brokerage The Horton Group Inc.
Video: The BI Interview with Richard Folkman of Crawford
With an active hurricane season predicted, Richard Folkman, vice president of CAT operations – flood & carrier practice leader at Crawford & Co., reviews what policyholders can do to mitigate potential losses and keep their operations running after a storm hits.
Former AIG exec named CEO of H.W. Kaufman Group London
H.W. Kaufman Group said Tuesday that former American International Group Inc executive Paul Greensmith would join the company in October as CEO of H.W. Kaufman Group London.
Affordable housing collective in New York forms captive
A collective of affordable housing developers and managers in New York have formed Milford Street Association Captive Insurance Co., a Vermont-domiciled captive insurer.
Zurich adds products liability coverage for life sciences companies
Zurich North America said Tuesday it will launch products liability for life sciences for pharmaceutical, medtech, research and development, and other companies with revenue up to $1 billion.
California self-insureds saw fewer comp claims in 2023
The California workers compensation system saw a 9.5% drop in private self-insured claim volume in 2023, representing the largest year-to-year decline in more than 15 years, according to a report released Monday by the California Workers’ Compensation Institute.