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Insurance Journal | March 31, 2023

Wisconsin Roofing General Contract Fined $28K for Unsafe Work Conditions

Federal workplace safety inspectors have found that Security-Luebke Roofing Inc. – one of Fox Valley’s largest roofing general contractors – allowed a roofing subcontractor to expose workers to potentially deadly falls at an Appleton, Wisconsin worksite, just two months after …

Insurance Journal | March 31, 2023

Judge Awards $4.7M Verdict in Chicago Police Chase Crash

CHICAGO (AP) – A Cook County jury awarded nearly $5 million Wednesday to the family of an 84-year-old retired teacher who was killed when a police cruiser crashed into a police van and careened into a car in which she …

Insurance Journal | March 30, 2023

Activist Group Calling for Immediate Halt to Insuring Fossil Fuels

A letter to the world’s insurance companies from a climate activist group calls on the industry to immediately stop insuring companies and projects that promote the expansion of coal, oil and gas, and phase out all insurance services for fossil …

Insurance Journal | March 30, 2023

People Moves: Valley Insurance Agency Alliance Promotes Rucker

Valley Insurance Agency Alliance Promotes Rucker Valley Insurance Agency Alliance (VIAA), a family of more than 160 independent insurance agencies in Missouri and Illinois, recently promoted Kaylee Rucker to communication coordinator. Rucker will handle internal and external communication for alliance …

Insurance Journal | March 30, 2023

North Dakota Contractor Fined $505K After Failing 3 Inspections

Twice in 2022, the owner of a Mandan, North Dakota excavation company sat behind the controls of an excavator, supervising employees below as they installed municipal water lines in trenches as deep as 10 feet without protection against deadly collapses, …

Insurance Journal | March 30, 2023

Arkansas Lawmakers Revamp Bathroom Bill Condemned as Too Extreme

LITTLE ROCK, Ark. (AP) – An Arkansas bathroom bill that went further than a 2016 North Carolina law that was repealed after widespread boycotts was revamped Tuesday following complaints from members of the transgender community and their families that it …

Insurance Journal | March 30, 2023

Michigan Becomes First State in Decades to Repeal ‘Right-to-Work’ Law

Michigan, long known as a mainstay of organized labor, on Friday became the first state in decades to repeal a union-restricting law known as “right-to-work” that was passed over a decade ago by a Republican-controlled Legislature. The state’s “right-to-work” law …

Insurance Journal | March 30, 2023

People Moves: Everest Insurance Names Kendrick as Non-Exec Chair of European Board of Directors; OONA Insurance Appoints Marsh’s Zandueta as President, CEO

This edition of International People Moves details appointments at Everest Insurance and OONA Insurance (formerly Mapfre Insurance). A summary of these new hires follows here. Everest Insurance Names Chubb’s Kendrick Chairman of European Board of Directors Everest Insurance, the insurance …

Insurance Journal | March 30, 2023

How a Labor Supplier and Insurance Broker Scammed to Evade Workers’ Compensation

An unlicensed labor broker for the construction industry has pleaded guilty plea to participating in a fraud scheme in order to evade more than $1 million in workers’ compensation premiums. According to Manhattan prosecutors, Salvador Almonte, Jr. underreported the size …

Insurance Journal | March 30, 2023

Near $27B Underwriting Loss in 2022 Largest for U.S. P/C Insurers Since 2011

Key financial results for private U.S. property/casualty insurers significantly worsened in 2022 from a year earlier, according to preliminary results from global analytics provider Verisk and the American Property Casualty Insurance Association (APCIA). The industry recorded a net underwriting loss …