Toronto’s Traffic Crisis Is Keeping Workers Out of the Office, Poll Says
Traffic is so bad in Canada’s financial capital that a majority of Toronto residents are prepared to endure around-the-clock construction to improve the situation sooner, according to new polling data. A survey commissioned by the Toronto Region Board of Trade …
POSTED JULY 16, 2024 7:48 AM |
People Moves: AIG Names Twiningdavis EVP, Chief Administrative Officer; Lopez joins CFC USA as Senior Executive Underwriter
AIG Names Twiningdavis Executive Vice President, Chief Administrative Officer American International Group, Inc. (AIG), named Melissa Twiningdavis executive vice president and chief administrative officer, effective September 1. She will join AIG’s executive leadership team and be based in New York. …
POSTED JULY 16, 2024 6:05 AM |
P/C Premium Growth Likely But Profits Delayed Until 2025: Forecast
Favorable first-quarter economic and underwriting results for property/casualty insurance are in line with projections that the industry will see a small underwriting loss in 2024 and achieve profitability in 2025, according to a report from the Insurance Information Institute (Triple-I) …
POSTED JULY 16, 2024 5:32 AM |
AIG Files Amended Suit Against Former Execs, Dellwood Insurance
American International Group and a group of its companies have filed a new, amended complaint against Dellwood Insurance Group, started earlier this year by a group of former AIG executives. The lawsuit filed July 10 in U.S. District Court for …
POSTED JULY 16, 2024 5:21 AM |
Dollar General to Pay $12M Penalty, Improve Safety
Discount store operator Dollar General has agreed to pay $12 million in penalty for alleged safety violations that led to blocked exits and fire extinguishers and unsafe storage, the U.S. Labor Department said in a statement. The company is also …
POSTED JULY 16, 2024 5:19 AM |
Georgia Governor Reappoints Bahl to Workers’ Comp Board
Georgia Gov. Brian Kemp has reaapointed Neera Bahl to another term on the state Board of Workers’ Compensation. The three-member board, which includes Director Benjamin Vinson and Chairman Frank McKay, acts as the appeals panel, hearing appeals from administrative law …
POSTED JULY 16, 2024 5:02 AM |
Washington Roofers Fined $1.27M for Putting Workers at Risk of Falling
Four Washington roofing companies are facing $1.27 million in fines from the Washington State Department of Labor & Industries for safety violations including allowing workers on top of homes without fall protection. L&I cited and fined Allways Roofing Inc. $345,700 …
POSTED JULY 16, 2024 5:00 AM |
Federal Appeals Court Upholds Dismissal of Manufacturer’s COVID-19 Claims
A Connecticut-based manufacturer has been denied another opportunity to seek $100 million in insurance coverage for business losses it claims it sustained because of the COVID-19 virus. Amphenol Corp.– a manufacturer of connectors, antennas, sensors, and high-speed specialty cable – …
POSTED JULY 16, 2024 5:00 AM |
People Moves: Fischtrom Joins Altamont Capital Partners as Operating Partner; Williamson Joins Alliant in Denver
Fischtrom Joins Altamont Capital Partners as Operating Partner Altamont Capital Partners, based in Palo Alto, California, hired Brad Fischtrom as an operating partner. Fischtrom has more than 20 years of insurance industry experience. He most recently served as chief operating …
POSTED JULY 16, 2024 5:00 AM |
People Moves: Virginia Regulatory Agency Names Damico Chief Administrative Officer
Virginia’s business regulator authority, the Virginia State Corporation Commission (SCC), named Joseph F. Damico chief administrative officer. Damico will oversee administrative divisions responsible for the SCC’s budget, human resources, computer technology, data security, public relations, procurement and facilities management. Damico, …
POSTED JULY 16, 2024 5:00 AM |