Posts From the monthly archives: "September 2017"

By Stephanie K. Jones Baton Rouge, Louisiana-based workers’ compensation insurance provider, LCTA Workers’ Comp (LCTA), has acquired Risk Management Resources and created a new subsidiary, LCTA Specialty Insurance Co. Risk Management Resources, which provides independent risk management consulting services to corporations and public entities, … Read More Read more here:: Insurance Journal  &nbsp…(Read More)

Chubb Limited intends to relocate its European Union headquarters to France if the United Kingdom leaves the EU as expected in March 2019. The insurer said the decision to choose France as Chubb’s preferred post-Brexit headquarters for its Continental European … Read More Read more here:: Insurance Journal     &nbsp…(Read More)

By Don Jergler A federal appeals court has temporarily blocked Seattle’s first-in-the-nation law allowing drivers of ride-hailing companies such as Uber and Lyft to unionize over pay and working conditions. A three-judge panel of the 9th U.S. Circuit Court of Appeals said it … Read More Read more here…(Read More)

By Stephanie K. Jones Columbus, Ohio-based State Auto Insurance Group (State Auto) is reviewing options for its excess and surplus (E&S) lines business, including a possible sale, the company said in an announcement. State Auto has a market valuation of about $981 million, according … Read More Read more here:: Insurance Journal&nbsp…(Read More)

By Don Jergler The California Legislature backed a measure this week that could require Wells Fargo to go to court with consumers who say they were harmed by the bank’s fake account scandal. The legislation would prohibit the San Francisco-based bank in some … Read More Read more here:: Insurance Journal  &nbsp…(Read More)

By Andrew G. Simpson ICICI Lombard General Insurance Co Ltd’s initial public offering of shares opening next week aims to raise up to 57 billion rupees ($892 million), the latest listing in what is expected to be a record-setting year for India. India has … Read More Read more here:: Insurance Journal &nbsp…(Read More)

By Stephanie K. Jones Police and emergency workers filed suit on against French chemicals company Arkema SA, claiming it failed to take adequate steps to avoid a fire at its Crosby, Texas, plant after Hurricane Harvey. Seven police, fire and emergency medical technicians sued … Read More Read more here:: Insurance Journal   &nbsp…(Read More)

By Don Jergler Bad design and construction of the tallest U.S. dam a half-century ago and inadequate state and federal oversight since then led to a disastrous spillway collapse in February, an independent national team of dam safety experts said this week as … Read More Read more here:: Insurance Journal  &nbsp…(Read More)

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