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Archive: October 2024

Firefighters Still on Site More Than Week After Incinerator Trash Fire
Insurance Journal | October 10, 2024
Firefighters Still on Site More Than Week After Incinerator Trash Fire
It’s going to take about two weeks to remove smoldering debris from a Maine town’s trash incinerator after a fire burned in the waste for a week, officials said Tuesday. Firefighters have been stationed continuously at the trash incinerator, which …
Louisiana Seafood Restaurant Sued for Sexual Harassment
Insurance Journal | October 1, 2024
Louisiana Seafood Restaurant Sued for Sexual Harassment
Minden Seafood, LLC, a seafood restaurant in Minden, Louisiana, violated federal law when it failed to stop a male worker from repeatedly sexually harassing a female employee and refused to rehire her after she quit, the U.S. Equal Employment Opportunity …
Louisiana’s Southern University to Launch Alliant Insurance Degree Program with $1.4M Investment
Insurance Journal | October 1, 2024
Louisiana’s Southern University to Launch Alliant Insurance Degree Program with $1.4M Investment
Alliant Insurance announced that a first-of-its-kind degree program at Southern University and A&M College has received final approval from the Louisiana State Board of Regents. The Alliant Insurance Foundation Degree Plan Program at Southern University and A&M College will focus …
Federal Agency Resumes Sending Hazardous Waste to Michigan From Ohio
Insurance Journal | October 1, 2024
Federal Agency Resumes Sending Hazardous Waste to Michigan From Ohio
VAN BUREN TOWNSHIP, Mich. (AP) — A federal agency said it has resumed sending hazardous waste to a Michigan landfill from Ohio while communities in suburban Detroit continue their legal fight to bar waste from a World War II-era site …
Michigan Boy Dies on Field Trip After Tree Falls on Him at Nature Center
Insurance Journal | October 1, 2024
Michigan Boy Dies on Field Trip After Tree Falls on Him at Nature Center
HOWELL, Mich. (AP) — A 12-year-old boy died after he was struck by a tree that fell at a southeastern Michigan nature center where he and classmates were on a field trip, authorities said. Declan Carter was at the Howell …
WTW to Sell Direct-to-Consumer Sales Unit Tranzact for $632 Million
Insurance Journal | October 1, 2024
WTW to Sell Direct-to-Consumer Sales Unit Tranzact for $632 Million
Global insurance broker WTW has agreed to sell its direct-to-consumer insurance distribution business, Tranzact, to the private equity firm GTCR and Recognize, a technology services investment platform, for $632.4 million. “With the sale of Tranzact, we are exiting this direct-to-consumer …
Carolina Agents, Insureds Stunned by Unprecedented Damage So Far Inland
Insurance Journal | October 1, 2024
Carolina Agents, Insureds Stunned by Unprecedented Damage So Far Inland
Insurance agents in the mountain city of Asheville, North Carolina, said they and their policyholders have been stunned by the catastrophic damage brought so far inland by Hurricane Helene, which dumped 14 inches of rain on the picturesque community and …
US East Coast Dockworkers Strike, Halting Half the Nation’s Ocean Shipping
Insurance Journal | October 1, 2024
US East Coast Dockworkers Strike, Halting Half the Nation’s Ocean Shipping
Dockworkers on the U.S. East Coast and Gulf Coast began a strike early on Tuesday, their first large-scale stoppage in nearly 50 years, halting the flow of about half the nation’s ocean shipping after negotiations for a new labor contract …
Viewpoint: East Coast Port Strike: Insurance and Risk Management Implications
Insurance Journal | October 1, 2024
Viewpoint: East Coast Port Strike: Insurance and Risk Management Implications
As it has many times before, the International Longshore Association (ILA) threatened a strike, beginning October 1, that would shut down major ports along the Atlantic and Gulf coasts of the United States, with significant repercussions for global trade. That …
California Governor Vetoes Bill to Create First-in-Nation AI Safety Measures
Insurance Journal | October 1, 2024
California Governor Vetoes Bill to Create First-in-Nation AI Safety Measures
California Gov. Gavin Newsom vetoed a landmark bill aimed at establishing first-in-the-nation safety measures for large artificial intelligence models. The decision is a major blow to efforts attempting to rein in the homegrown industry that is rapidly evolving with little …