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News – Insurance Journal

Vegas Risk Management Summit Tackled Commercial Auto, Workers’ Comp And More
One reason behind continuously dismal commercial auto insurance losses is a spate of “nuclear cases” that are plaguing the industry with multi-million lawsuits. The amount of money and resources being put into the legal battlefield over commercial auto lawsuits is …

POSTED OCTOBER 16, 2017 11:38 PM
Safety a Priority for Oklahoma Wind Turbine Maintenance Workers
For Kalon Moore and Jackson Rollins, it’s a sight they never tire of. Just about every day on the job, the two look out at the Oklahoma landscape in every direction for miles, several hundred feet atop a wind turbine. …

POSTED OCTOBER 16, 2017 4:53 PM
After Harvey Suspension, OSHA Resumes Regular Enforcement in Texas, Louisiana
After suspending most enforcement actions in Texas and Louisiana following Hurricane Harvey, the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) on Oct. 10 resumed normal enforcement throughout Texas and Louisiana. Following Hurricane Harvey, OSHA provided compliance assistance …

POSTED OCTOBER 16, 2017 4:41 PM
Natural Gas Well Leak Forced Evacuations in Oklahoma
Some residents of Velma have returned to their homes after a leak in a natural gas well forced them to evacuate. Velma Fire Chief Jay Dumas said Saturday that a buildup of pressure caused the Stephens County well head to …

POSTED OCTOBER 16, 2017 4:32 PM
Indiana Fines Kansas Contractor $24.5K After Worker Dies in Fall
A contractor was fined $24,500 for safety violations after a worker died from a fall at a Richmond, Ind., factory. The Richmond Palladium-Item reports 23-year-old Jacob Bugg died June 27 after falling about 40 feet at a Purina animal food …

POSTED OCTOBER 16, 2017 4:27 PM
Detroit Free Press Hit with Pay Discrimination Lawsuit
Four female photo journalists have filed a pay discrimination lawsuit in federal court against the Detroit Free Press. Former and current staff members allege in the complaint that the newspaper underpaid them because they’re women. The lawsuit follows a study …

POSTED OCTOBER 16, 2017 4:26 PM
Bill to Lower Michigan Auto Insurance Premiums on Shaky Ground
Legislation to reduce Michigan’s high auto insurance premiums by letting drivers opt out of mandatory unlimited medical coverage is in peril, with majority Republicans lacking enough support to pass it on their own and many Democrats pushing an alternative plan. …

POSTED OCTOBER 16, 2017 4:23 PM
Louisiana Oil Platform Explodes; Search Continues for Missing Worker
The search continued for a worker missing from an oil production platform in Louisiana’s Lake Pontchartrain that exploded and caught fire late Sunday, sending six others to hospital with injuries, the U.S. Coast Guard said. Coast Guard rescue crews and …

POSTED OCTOBER 16, 2017 4:20 PM
California Wildfires Threaten Significant Losses for P/C Insurers, Moody’s Says
Moody’s released a report on Monday assessing the impact of the wildfires in California on property/casualty insurers. “Based on history and the number of structures damaged, insured losses will run into the billions of dollars, a credit negative,” the report …

POSTED OCTOBER 16, 2017 3:52 PM
AmWINS Acquiring 15 Insurance Programs from Willis Towers Watson
Specialty broker AmWINS Group reports it has agreed to acquire 15 insurance programs from broker Willis Towers Watson. Among the programs being acquired by AmWINS are MountainGuard, which provides underwriting, claims and loss control services to the majority of ski …

POSTED OCTOBER 16, 2017 3:34 PM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Tower Insurance Associates, Inc confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

   

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