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Tag: insurance-journal

Texas DWC Recognizes Power Company With Lone Star Safety Award
Insurance Journal | October 10, 2022
Texas DWC Recognizes Power Company With Lone Star Safety Award
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) recognized WPT Power Corp. with a third Lone Star Safety Award for its exemplary workplace safety efforts and low rates of work-related injuries and illnesses. WPT Power Corp., a manufacturer …
Ohio Contractor Faces $1 Million in Fines for OSHA Violations
Insurance Journal | October 10, 2022
Ohio Contractor Faces $1 Million in Fines for OSHA Violations
A Millersburg, Ohio, contractor with a long history of disregarding workplace safety standards now faces more than $1 million in penalties after an inspection by the U.S. Department of Labor’s Occupational Safety and Health Administration found their employees working at …
Heavy Rains Ease Across Australia’s East but Flood Threats Remain
Insurance Journal | October 10, 2022
Heavy Rains Ease Across Australia’s East but Flood Threats Remain
Heavy rains eased across Australia’s east on Monday, a slight relief for flood-weary residents but authorities warned another intense weather system could hit several inland regions bringing more downpours and triggering flash flooding. Northern Victoria state, southern New South Wales …
Historic Homes May Prove to Be More Resilient Against Floods
Insurance Journal | October 10, 2022
Historic Homes May Prove to Be More Resilient Against Floods
Whenever historic homes get flooded, building contractors often feel compelled by government regulations to rip out the water-logged wood flooring, tear down the old plaster walls and install new, flood-resistant materials. It’s a hurried approach that’s likely to occur across …
Core Specialty Completes Buy of Hallmark’s E&S Operations for $40M
Insurance Journal | October 10, 2022
Core Specialty Completes Buy of Hallmark’s E&S Operations for $40M
Core Specialty Insurance Holdings, Inc. and its subsidiaries said Oct. 7 that it has completed the acquisition of Hallmark Financial Services, Inc.’s excess & surplus lines operations for approximately $40 million in cash. The business acquired from Hallmark represents that …
California Department of Insurance Investigation Leads to Arrest of Two Men
Insurance Journal | October 10, 2022
California Department of Insurance Investigation Leads to Arrest of Two Men
A joint investigation into alleged illegal actions by bounty hunters has led to the arrest of two people. National City Police supported by the California Department of Insurance investigators and federal and local agencies executed arrest warrants on Daniel Johnathan …
M4.4 Earthquake Confirmed in Northwest Oregon
Insurance Journal | October 10, 2022
M4.4 Earthquake Confirmed in Northwest Oregon
A 4.4 magnitude earthquake struck northwest Oregon, the U.S. Geological Survey confirmed. No damage was reported but KOIN reports that people from Albany to the Portland metro area reported feeling the temblor on Friday. According to the USGS, the earthquake …
California Updating Tsunami Hazard Maps for Seven Counties
Insurance Journal | October 10, 2022
California Updating Tsunami Hazard Maps for Seven Counties
The California Geological Survey has released updated tsunami hazard maps for seven counties to help users determine whether they are in areas at risk for inundation and for planning. The revised interactive maps released Friday cover San Diego, Santa Cruz, …
Hurricane Julia Hits Nicaragua Bringing Torrential Rainfall
Insurance Journal | October 10, 2022
Hurricane Julia Hits Nicaragua Bringing Torrential Rainfall
MEXICO CITY (AP) – Hurricane Julia hit Nicaragua’s central Caribbean coast on Sunday after lashing Colombia’s San Andres island, and a weakened storm was expected to emerge over the Pacific. Julia hit as a Category 1 hurricane early Sunday with …
People Moves: Smith Named President of BoMont Group in Alabama
Insurance Journal | October 10, 2022
People Moves: Smith Named President of BoMont Group in Alabama
BoMont Group, an insurance brokerage and consulting firm based in Birmingham, Alabama, has named a former Floridian as president of the company. Griffin Smith, who earned his bachelor’s degree from Chipola College in Marianna, Florida, and started his insurance career …