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Category: Insurance Journal

Pilgrim’s Pride Agrees to $100M Settlement Over Chicken Farmers’ Pay
Insurance Journal | August 20, 2024
Pilgrim’s Pride Agrees to $100M Settlement Over Chicken Farmers’ Pay
Pilgrim’s Pride, one of the largest U.S. poultry processors, agreed to pay $100 million to settle claims it conspired with rivals to underpay chicken farmers, the final and by far the largest settlement in the seven-year-old antitrust case. A preliminary …
US State AGs Seek Treble Damages Against Live Nation for Concertgoers
Insurance Journal | August 20, 2024
US State AGs Seek Treble Damages Against Live Nation for Concertgoers
Attorneys general from about two dozen U.S. states are seeking treble damages against Live Nation Entertainment and its ticket-selling unit, Ticketmaster, for allegedly monopolizing markets across the live concert industry in an updated version of a lawsuit originally filed in …
Mississippi Poultry Plant Settles With OSHA After Teen’s 2023 Death
Insurance Journal | August 20, 2024
Mississippi Poultry Plant Settles With OSHA After Teen’s 2023 Death
HATTIESBURG, Miss. (AP) — A Mississippi poultry processing plant has agreed to a settlement with the U.S. Department of Labor that requires it to pay $164,814 in fines and put in place enhanced safety measures following the death of a …
Tri-State Region Shocked as Severe Floods Take 2 Lives, Leave Trail of Destruction
Insurance Journal | August 19, 2024
Tri-State Region Shocked as Severe Floods Take 2 Lives, Leave Trail of Destruction
Flooding caused by heavy rains is being blamed for the deaths of two women, major damage to roads and other infrastructure, and substantial residential and vehicle flooding over the weekend and Monday in Connecticut, New York and New Jersey. Connecticut …
SME Broker Ardonagh Advisory to Acquire UK-Based R.K. Henshall
Insurance Journal | August 19, 2024
SME Broker Ardonagh Advisory to Acquire UK-Based R.K. Henshall
Ardonagh Advisory, Ardonagh Group’s SME broking platform, has agreed to acquire UK chartered insurance broker R.K. Henshall & Co. Ltd. Financial details of the transaction, which is subject to regulatory approval, were not disclosed. Established in 1976, R.K. Henshall & …
US Workers More Glum on Compensation and Work Prospects, New York Fed Says
Insurance Journal | August 19, 2024
US Workers More Glum on Compensation and Work Prospects, New York Fed Says
U.S. workers are growing more sour with their employment compensation, according to a survey released on Monday by the New York Federal Reserve. In its Survey of Consumer Expectations Labor Market Survey for July, the regional Fed bank said that …
Hidden Report Reveals Worker Illnesses From Ohio Derailment Cleanup
Insurance Journal | August 19, 2024
Hidden Report Reveals Worker Illnesses From Ohio Derailment Cleanup
The creeks around East Palestine, Ohio, were so badly contaminated by last year’s disastrous Norfolk Southern derailment that some workers became sick during the cleanup. Workers who reported headaches and nausea — while shooting compressed air into the creek bed, …
California Commissioner Moves to Implement Insurance Rate Review Reforms
Insurance Journal | August 9, 2024
California Commissioner Moves to Implement Insurance Rate Review Reforms
California Insurance Commissioner Ricardo Lara on Friday released a statement on his latest administrative action designed to address the state’s homeowners insurance crisis. Lara today issued a bulletin implementing rate review reforms he says will help stabilize the state’s insurance …
Judge Tosses Suit Alleging Excessive Force During Dakota Access Pipeline Protest
Insurance Journal | August 9, 2024
Judge Tosses Suit Alleging Excessive Force During Dakota Access Pipeline Protest
BISMARCK, N.D. (AP) — A federal judge in North Dakota has thrown out the remainder of a lawsuit by an Arizona man who alleged excessive force was used against him when he was protesting the Dakota Access oil pipeline. In …
Oklahoma Contractor Faces $85K Fine Over Fatal Trench Collapse
Insurance Journal | August 9, 2024
Oklahoma Contractor Faces $85K Fine Over Fatal Trench Collapse
An Edmond, Oklahoma contractor with a history of workplace safety violations dating back to 2018, including three related to the dangers in underground trenches, was found disregarding U.S. Department of Labor regulations. In February 2024, investigators with the department’s Occupational …