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Kurata Named Hawaii’s Captive Insurance Administrator
Hawaii Insurance Commissioner Gordon Ito has appointed Andrew Kurata deputy commissioner and captive insurance administrator for the department of commerce and consumer affairs insurance division. Kurata previously held the position in an acting capacity. The captive insurance administrator oversees the …

POSTED OCTOBER 16, 2018 9:01 PM
Lead-Paint Makers Rejected by Top Court in $400M Case in California
The U.S. Supreme Court rejected appeals from Sherwin-Williams Co. and Conagra Brands Inc., leaving intact a ruling that requires them to pay more than $400 million for lead-paint remediation in California. The rebuff, issued without comment Monday, is a blow …

POSTED OCTOBER 16, 2018 8:55 PM
Oregon Study Shows California Workers’ Comp Rates Falling, but Still High
Workers’ compensation premium rates fell considerably nationwide, while California continued to see among the worst rates in the nation, according to a new study out from the Oregon Department of Consumer and Business Services. The department puts out its Oregon …

POSTED OCTOBER 16, 2018 6:29 PM
Hub Acquires Oklahoma Retirement Plan Consulting, Financial Services Firm
Hub International Investment Services Inc., member FINRA/SIPC, and a subsidiary of Chicago-based global insurance brokerage Hub International Limited (Hub), has acquired the Oklahoma-based retirement plan consulting and financial services business of Felix Jones, Jones Retirement. Terms of the transaction were …

POSTED OCTOBER 16, 2018 4:41 PM
4 Alabama Counties to Receive Federal Disaster Funds for Michael Damage
President Donald Trump has approved federal disaster aid relief for four Alabama counties affected by Hurricane Michael. The emergency disaster declaration covers Dale, Geneva, Henry and Houston counties, which are near the Florida panhandle where the hurricane made landfall Oct. …

POSTED OCTOBER 16, 2018 4:39 PM
Chicago Restaurant Chain to Settle Sexual Harassment, Retaliation Suit for $160K
Chicago-based Rosebud Restaurants Inc. will pay $160,000 to settle a sexual harassment and retaliation lawsuit, according to the U.S. Equal Employment Opportunity Commission (EEOC). The EEOC’s lawsuit charged Rosebud, which owns approximately nine Italian restaurants in the Chicagoland area, with …

POSTED OCTOBER 16, 2018 4:17 PM
Firefighters Say Natural Gas Explosion at Virginia Home Injures Nine
Authorities believe a natural gas explosion at a Virginia home caused a fire that has injured nine people. Chesapeake Fire Lt. Anthony P. Barakat tells news outlets that the two homeowners were hospitalized in critical condition following the “significant explosion” …

POSTED OCTOBER 16, 2018 3:06 PM
California Train Agency Fined $650K in 2 Worker Deaths
Regulators fined the San Francisco Bay Area’s transit agency $650,000 on Thursday for safety failures that led a commuter train to strike and kill two workers inspecting track five years ago during a union strike. The California Public Utilities Commission …

POSTED OCTOBER 16, 2018 2:56 PM
Colleges Handling Surge in Claims of Past Sexual Harassment
For 35 years, Ruth D’Eredita tried to dismiss her former professor’s behavior — the way he touched her, groped her and kissed her. But last year, as dozens of women came forward to share similar encounters with powerful men, she …

POSTED OCTOBER 16, 2018 1:58 PM
P/C Insurers Double Net Income in First Half of Year
U.S. property/casualty insurers saw their net income after taxes more than double to $34 billion in first-half 2018 from $15.5 billion in first-half 2017, with the help of lower catastrophe losses, growing premiums, and an increase in investment income, according …

POSTED OCTOBER 16, 2018 1:46 PM

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