Brown & Brown Inc. reported first-quarter revenue rose 12.7% to $1.258 billion as the broker saw 8.6% organic growth during the period. Net income rose 20.2% to $327 million as investment income more than doubled to $18 million, from $7 million in the year-earlier period, according to the broker’s earnings report, released after markets closed …
Brown & Brown reports higher first-quarter revenue, profit Read More »
Mississippi Gov. Tate Reeves on Saturday signed into law a bill that authorizes local governments to provide 60 days of pay to the beneficiaries of certain first responders who die in the line of duty. The governor signed House Bill 1697, which enables counties, municipalities, public universities and others to pay the full compensation of …
Mississippi governor signs first responder death benefits bill Read More »
A New York limestone quarry manager pleaded guilty Friday to second-degree manslaughter, a Class C felony, in connection with a mine worker’s death in October 2022, the U.S. Department of Labor said Friday. Anthony Valente, who managed the RJ Valente Grafton Quarry in Grafton, admitted causing the death of Darren Miller, who was struck by …
Quarry manager pleads guilty in worker’s crane death Read More »
A Pennsylvania appellate court on Friday reversed the dismissal of a lawsuit by a former refuse worker who claimed his cannabis-related firing was improper because he possessed a valid medical marijuana card. The state Superior Court said a trial judge erred in dismissing the lawsuit by the former employee against Waste Management and Processors Inc. …
Cannabis-related firing suit improperly dismissed: Appeals court Read More »
A trial judge improperly applied a contingency fee multiplier that resulted in increased attorneys fees awarded to a claimant’s lawyer in a workers compensation case, a Florida appellate court ruled Friday. The District Court of Appeal of Florida reversed a lower court decision that had awarded $14,310 in claimants legal fees in a lawsuit brought …
Comp claimants attorney improperly awarded legal fee ‘multiplier’: Court Read More »
Three former managers in a workers compensation department in Zurich North America’s Rancho Cordova, California, branch have been awarded a total of $80,252,412 in compensatory and punitive damages by a jury that found the company had wrongfully terminated them for taking unofficial paid time off, according to the firm that represented them. According to a …
Zurich ordered to pay $80 million in suit over employee incentives Read More »
The California Occupational Safety and Health Administration said Thursday it fined a construction company $371,100 following a worker’s death in a trench collapse at a San Francisco job site in September 2023. Cal/OSHA cited San Francisco-based D’Arcy & Harty Construction Inc. for eight “willful” and “serious” safety violations. It said the company failed to provide …
Cal/OSHA cites construction company over fatal trench collapse Read More »
PHILADELPHIA – The insurance industry is poised to benefit from the use of artificial intelligence, but adopters of the technology must stay vigilant against misuse and keep up to date on regulatory developments, experts said during a roundtable discussion on Thursday. “Every industry’s being changed,” Bill Taylor, president and CEO of the Pennsylvania Compensation Rating …
AI not a ‘substitute,’ but can benefit insurance industry: Experts Read More »
Executive moves and changes are much in the news this week. Also of note: Q1 earnings season is underway. Source link
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Video: Comp Spotlight with Ramona Tanabe of WCRI Read More »