Tennessee Safety Agency Says Plastics Workers Were Given Time to Evacuate
NASHVILLE, Tenn. (AP) — Workers at an East Tennessee plastics company who died in flooding from last year’s Hurricane Helene had time to evacuate, albeit by “makeshift routes,” according to an investigation from the Tennessee Occupational Safety and Health Administration …
Kentucky Boy’s Death Raises Questions About Why Schools Weren’t Canceled
FRANKFORT, Ky. (AP) — A 9-year-old Kentucky boy who died in floodwaters while walking to catch his school bus was remembered by his classroom teacher as the “sweetest, kindest boy.” The death of Gabriel Andrews stunned residents in the Bluegrass …
MarketScout: Q1 Composite Personal Lines Rates Up 4.9%; Commercial Rates Up 3%
According to the MarketScout Market Barometer, the composite rate for U.S. personal lines kept rising in the first quarter to 4.9%, up from 4% during the prior three-month period. Richard Kerr, CEO of Novatae Risk Group, said the increase was …
EU Weighs International CO2 Credits to Meet New Climate Goal, Sources Say
The European Commission is considering counting international carbon credits towards its next climate target, a move that could weaken the CO2-cutting efforts it demands from domestic industries, sources familiar with the matter told Reuters. The idea is among options being …
Global Credit Starts to Wobble as Market Pain Spreads
Global credit markets began to come under fire on Monday, driving the cost of insuring against corporate and sovereign default higher, as recession fears rippled across equities, commodities and currencies. Trillions of dollars have been wiped off global stock markets …
Generali Investors Should Vote to Keep CEO Donnet in Job: Proxy Adviser ISS
Leading governance adviser Institutional Shareholder Services (ISS) has recommended Generali investors vote to hand CEO Philippe Donnet another term at a general meeting on April 24. Donnet has been put forward as a candidate by the insurer’s main investor Mediobanca. …
People Moves: Plymouth Rock Home Names Zygmunt Chief Operating 0fficer
Plymouth Rock Home Assurance Corp., headquartered in Boston, appointed Kevin Zygmunt as its chief operating officer. In his new role, he oversees operations for the marketing, underwriting, service, and claims teams for the home group. Zygmunt most recently led the …
Chevron Ordered to Pay $744M for Damaging Louisiana Wetlands
Oil company Chevron must pay $744.6 million to restore damage it caused to southeast Louisiana’s coastal wetlands, a jury ruled on Friday following a landmark trial more than a decade in the making. The case was the first of dozens …
Meta Plans Nearly $1 Billion Data Center Project in Wisconsin
Meta Platforms Inc. plans to spend nearly $1 billion on the development of a data center project in central Wisconsin, underscoring a larger effort from the social media giant to ramp up investments in AI and cloud infrastructure. In February, …
$2M Settlement Reached in Death of Young Woman at North Dakota Jail
A $2 million agreement has been reached in a lawsuit over the death of a young woman while she was in custody at a North Dakota county jail in 2020. Lacey Higdem, 19, died of a drug overdose on June …
Texas Judge Awards $6.6M to Former Aides Fired by AG Paxton
A Travis County district court judge on Friday awarded $6.6 million to four former senior aides to Attorney General Ken Paxton who said they were improperly fired after reporting Paxton to the FBI. Judge Catherine Mauzy stated in her judgment …
Bayer Renews Bid for US Supreme Court to Curb Roundup Cases
Bayer said on Friday it was again petitioning the U.S. Supreme Court to sharply limit legal claims that its Roundup weedkiller causes cancer, seeking to avoid potentially billions of dollars in damages. Bayer said in its petition that consumers should …
Hedge Funds Hunt Deals in Risk Scenarios Too Costly for Insurers
As Los Angeles residents digested the apocalyptic scene left by wildfires earlier this year, the stage was simultaneously being set for hedge funds to pursue market-beating returns fanned by climate change. The investment model in question is built around so-called …
World Insurance Associates Acquires Royalty Insurance Services in California
World Insurance Associates LLC has acquired Royalty Insurance Services in Van Nuys, California. Royalty has been providing commercial trucking insurance for over 23 years. World Insurance Associates is a national financial services organization headquartered in Iselin, New Jersey operating from …
Maryland Lawmakers Send Bill Limiting Sexual Abuse Liabilities to Governor
Maryland lawmakers passed a measure Saturday to try to limit future liabilities from claims of sexual abuse at state and private institutions after thousands of people unexpectedly came forward with allegations of abuse, many of them in youth detention centers, …
Maine Approves 9.6% Decrease in Workers’ Compensation Costs
Maine has approved the insurance industry’s filing that will lower workers’ compensation insurance loss costs an average of 9.6%. The lower loss costs will go into effect for new and renewing policies as of April 1, 2025. According to Superintendent …
Death Toll From Los Angeles Wildfires Reaches 30
Nearly three months after two wildfires destroyed thousands of homes in the Los Angeles area, officials said the death toll from the blazes had reached 30. A team responded last week following a report of possible human remains at a …
Women in UK Financial Services Still Earn a Fifth Less Than Men
The average woman working in the UK financial sector earns about a fifth less than their male colleagues, a reflection of how the gender pay gap has stubbornly persisted even during a period when businesses pledged to address workplace inequity …
Staffers Face Allegations Related to Abuse of Pennsylvania Charter School Students
Twenty staffers at a suburban Philadelphia charter school are facing charges related to the alleged physical abuse of students using painful, unapproved techniques to restrain and punish youths in a program meant to help them deal with emotional issues, authorities …
People Moves: BTIS Promotes Keefe to SVP, Head of Operations
Builders & Tradesmen’s Insurance Services Inc. promoted Jessica Keefe to senior vice president and head of operations. Keefe has more than 20 years of experience in compliance, operations optimization and strategic business growth. Keefe joined BTIS in 2010. BTIS is …

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