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Workers’ Compensation Insurance Rating Bureau of California Profiles Restaurant Industry
Restaurants make up a sizable portion of California’s workers’ comp system, a new report shows. The Workers’ Compensation Insurance Rating Bureau of California released the first report in its industry profile series, which examines an industry sector in the state’s …
POSTED DECEMBER 01, 2021 7:12 PM |
New Mexico Sees Lower Costs Worker’s Comp Insurance
New Mexico insurance regulators are reducing a key component in rates for workers’ compensation coverage that should help employers spend less, starting next year. The Superintendent of Insurance Office announced a 5.5% reduction in “loss costs” for insurance policies that …
POSTED DECEMBER 01, 2021 6:49 PM |
Marsh McLennan Acquires Texas-Based Insource
Marsh McLennan Agency, a subsidiary of Marsh, has acquired InSource Insurance Group LLC, an independent agency in Texas. Terms of the acquisition were not disclosed. InSource Insurance Group was formed in 1986 to provide business insurance, employee health and benefits, …
POSTED DECEMBER 01, 2021 5:50 PM |
Louisiana Department of Insurance to Hold Second Ida Relief Resource Center
The Louisiana Department of Insurance (LDI) and Sen. Michael Fesi are hosting a second resource center to help constituents after Hurricane Ida. The resource center will be held Saturday, Dec. 4, from 9:30 a.m. to 1:30 p.m. at Larose Civic …
POSTED DECEMBER 01, 2021 5:44 PM |
Families of Two Illinois College Students Killed at Astroworld Concert File Lawsuits
The family of two close friends from suburban Chicago who were killed at the Astroworld concert in Houston this month have filed wrongful death lawsuits against rapper Travis Scott, the Live Nation entertainment company and others. The lawsuits filed by …
POSTED DECEMBER 01, 2021 5:37 PM |
Despite COVID, Comp Claims and Severity Declined in 2020, NCCI Says
The disease known as COVID-19 may have caused wrenching changes around the world, but its effects on workers’ compensation claims were relatively minor in 2020, the National Council on Compensation Insurance said in a new report. Overall claim frequency, including …
POSTED DECEMBER 01, 2021 5:24 PM |
Insurance Technology: Chubb Enhances Cyber; Sompo Teams with Praedicat; Willis, CodeEast Eye Product; FMl Adds Home Help
Chubb Enhances Cyber Risk Service Offerings Chubb has expanded its cyber risk service offerings to further support all commercial clients in reducing exposures and mitigating potential losses. Russ Cohen, vice president, Cyber & Technology Practice Leader, Chubb Global Risk Advisors, …
POSTED DECEMBER 01, 2021 5:15 PM |
Nebraska Garage Fire Destroys More than $1 Million in Vintage Cars, Motorcycles
A garage fire near Denton, Nebraska has caused more than $1 million in damage to several classic cars and motorcycles. The Lincoln Journal Star reports that the fire broke out Saturday, Nov. 27 in a detached garage. Lancaster County Sheriff …
POSTED DECEMBER 01, 2021 5:09 PM |
People Moves: Lockton Names Roberts COO of Midwest Operations; Alliant Hires Healey
Lockton Names Brian Roberts COO of Midwest operations Lockton, a privately held insurance brokerage, has named Brian Roberts chief operating officer of its Midwest operations. As COO, Roberts will be responsible for operations and business development for Lockton’s regional hub, …
POSTED DECEMBER 01, 2021 5:04 PM |
People Moves: Risk Strategies Appoints Lyons National Education Practice Leader; Waypoint Wholesale Names Nickoles CEO
Risk Strategies Appoints Terry Lyons National Education Practice Leader Risk Strategies, a leading national specialty insurance brokerage and risk management firm, announced that Terry Lyons has been appointed as the National Education Practice Leader. In this role, Lyons will develop …
POSTED DECEMBER 01, 2021 4:58 PM |
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