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AM Best Upgrades Financial Strength Rating of Louisiana Dealer Services Insurance
AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “a” (Excellent) from “a-” (Excellent) of Louisiana Dealer Services Insurance, Inc. (LDS) and its subsidiaries, Loss Deficiency Surety Insurance …
POSTED DECEMBER 11, 2023 5:54 PM |
Texas Department of Insurance to Hold Meet The Regulator Event
The Texas Department of Insurance will hold a Meet the Regulator event from 9:00 to 11:30 a.m. on Tuesday, January 16, 2024. Commissioner Cassie Brown starts the event with an agency update in Barbara Jordan Building conference room 2.035. No …
POSTED DECEMBER 11, 2023 5:46 PM |
Ohio Meat Processing Plant Faces $277,000 in Proposed Penalties for Safety Violations
A federal investigation into how a 35-year-old worker suffered severe leg burns, degloving of their foot and other injuries after falling into corrosive chemicals in May 2023 has found that an Ohio meat processing plant’s safety failures exposed employees to …
POSTED DECEMBER 11, 2023 5:19 PM |
Adults in Ohio Can Legally Possess and Grow Marijuana – But There’s Nowhere to Buy It
COLUMBUS, Ohio (AP) – Ohioans woke up Thursday in a land of recreational marijuana limbo, in which adults can legally grow and possess cannabis at home, but cannot legally buy it. That combination of factors related to a citizen-initiated statue …
POSTED DECEMBER 11, 2023 5:11 PM |
Microsoft Agrees to Union Contract Terms Governing Its Use of AI
Microsoft Corp. has agreed to union contract language governing its use of artificial intelligence, creating an avenue for workers to challenge how it deploys the evolving technology. As part of negotiations with the Communications Workers of America – the first …
POSTED DECEMBER 11, 2023 5:11 PM |
People Moves: Papanikolaou to Succeed Mueller as AGCS CEO and Will Lead Allianz Commercial; May Promoted to CEO of Lloyd’s Europe as Breitburd Steps Down
This edition of International People Moves details appointments at Allianz Global Corporate & Specialty SE (AGCS) and Lloyd’s. A summary of these new hires follows here. Papanikolaou to Succeed Mueller as CEO of AGCS, also Leading Allianz Commercial Allianz Global …
POSTED DECEMBER 11, 2023 4:31 PM |
US Commercial Lines Survey Results Show Aggregate Increase of 6.1% in Q3: WTW
U.S. commercial insurance prices increased 6.1% in the third quarter, maintaining an upward trend. According to the latest results from WTW’s Commercial Lines Insurance Pricing Survey (CLIPS), carriers in the third quarter reported another aggregate commercial price change that remained …
POSTED DECEMBER 11, 2023 4:31 PM |
China Offers Insurance to Rubber Producers to Encourage Higher Output
China’s government said on Monday it has started offering insurance for natural rubber producers, to encourage higher output and increase the country’s self-sufficiency rate in producing the latex used to make tires. The scheme for producers in Hainan and Yunnan …
POSTED DECEMBER 11, 2023 3:49 PM |
Defense Expert at New York Trump Trial Testifies He Sees No Evidence of Fraud
Former President Donald Trump returned to his civil fraud trial last Thursday to spotlight his defense, renewing his complaints that the case is baseless and heaping praise on an accounting professor`s testimony that backed him up. With testimony winding down …
POSTED DECEMBER 11, 2023 3:18 PM |
$20M Suit Blames Overtime, Years of Jail Work fof Los Angeles County Deputy’s Suicide
The family of a Los Angeles County sheriff`s deputy who killed himself has filed a $20 million wrongful-death claim against the county, blaming years of working in jails and mandatory overtime for his depression. The claim was filed Thursday by …
POSTED DECEMBER 11, 2023 3:02 PM |
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