This post is part of a series sponsored by EZLynx. It’s no secret that the insurance industry has been grappling with a talent shortage, and it’s creating some big challenges—especially for independent agents. With the Bureau of Labor Statistics forecasting …
A North Dakota jury this week found Greenpeace liable for defamation, conspiracy and other claims over its participation in the Dakota Access pipeline protests that lasted from 2016 to 2017, awarding developer Energy Transfer LP $660 million in damages. Legal …
What the $660 Million Greenpeace Verdict Means for Activism Read More »
The National Transportation Safety Board (NTSB) is harshly criticizing Maryland officials for failing to conduct a risk assessment of the Francis Scott Key Bridge before it collapsed a year ago and is recommending that 30 owners of 68 bridges across …
Maryland Could Have Reduced Risk of Key Bridge Collapse: NTSB Read More »
A series of chain-reaction crashes and a fire in a Wyoming highway tunnel that killed three people started when a pickup truck lost control and partially blocked traffic on the slick roadway, federal investigators said. It had snowed before the …
NTSB: Deadly Crashes, Fire in Wyoming Tunnel Started With Pickup Losing Control Read More »
The closure of Britain’s Heathrow Airport is set to affect the global aviation system for days at a cost of tens of millions of dollars, experts say, posing questions about why better contingency planning was not in place at the …
Heathrow Shutdown Raises Concerns Over Contingency Planning Read More »
Federal regulators have cited Tesla for violating workplace safety rules in connection with the electrocution of a worker last summer at its Austin, Texas, auto-manufacturing plant. The U.S. Department of Labor confirmed the findings in a statement to Reuters. “The …
Tesla Cited by U.S. Regulators Over Texas Worker’s Death Read More »
ORLANDO, Fla. (AP) — A maintenance technician alleged on Wednesday that he raised safety issues with the operators of a central Florida amusement ride before a 14-year-old boy fell to his death, but his concerns were never addressed. Austin Campbell-Alexander …
Technician Says Florida Thrill Ride Operator Ignored Safety Concerns Before Fatal Fall Read More »
The U.S. property/casualty insurance industry reported its first full-year underwriting gain in four years, fueling a jump in net income to $170 billion, according to a joint report from Verisk and The American Property Casualty Insurance Association (APCIA). The global …
US P/C Insurance Industry Income Tops $100B in 2024: Verisk, APCIA Read More »
MS Amlin, the Lloyd’s global re/insurer, has bound a reinsurance scheme that could provide up to €1 billion (US$1.1 billion) in cover annually for Ukraine’s small-and-mediums-sized enterprises (SMEs). The innovative scheme, developed in partnership with the European Bank for Reconstruction …
Markets/Coverages: MS Amlin Binds Reinsurance Facility to Cover Ukraine’s SMEs Read More »
Marsh, headquartered in New York City, appointed Fran Curran as U.S. surety leader and Todd Schweitzer as U.S. construction claims leader. Based in Philadelphia, Curran is a 24-year veteran of Marsh who most recently served as the Southeast surety practice …
