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Penn. Seeks $2.6M Penalties From Utility Over Deadly Explosion at Chocolate Factory
Pennsylvania is seeking $2.65 million in penalties from a utility company over the March 2023 natural gas explosion at a chocolate factory that killed seven workers and injured 10 others. The Pennsylvania Public Utility Commission’s (PUC) has filed a formal …
POSTED MARCH 19, 2026 6:00 PM |
Jewelers Mutual Launches Digital Jewelry Insurance Program Powered by Sure
Sure, an insurance technology platform, announced the launch of a new digital jewelry insurance program underwritten by JM Specialty Insurance Company, a member insurer of the Jewelers Mutual Group. Developed in collaboration with Jewelers Mutual and built to meet its …
POSTED MARCH 19, 2026 4:26 PM |
Wisconsin Beauty Products Manufacturer Cited for Safety Violations
The U.S. Department of Labor has cited a Wisconsin beauty and personal care products manufacturer after a 55-gallon fiber drum containing nitrocellulose exploded and started a secondary fire involving flammable liquids. Investigators with the department’s Occupational Safety and Health Administration …
POSTED MARCH 19, 2026 4:20 PM |
Prysmian Eyes New Texas Copper Mill Amid Data Center Boom
Prysmian SpA, the world’s largest cable maker, is considering building a new mill in Texas while pursuing U.S. acquisitions, as surging demand tied to data centers and electrification drives growth in its largest market. The Italian group may pull the …
POSTED MARCH 19, 2026 4:17 PM |
Florida OIR Summit Includes Cal Commissioner Lara, Sessions on AI, Compliance, Data
The Florida Office of Insurance Regulation’s agenda for its April 15-16 Insurance Summit includes sessions on financial reporting by insurers, changes in data calls, and compliance with orders, along with insights from insurance executives on the use of artificial intelligence. …
POSTED MARCH 19, 2026 3:59 PM |
McDonald’s Must Face Black Ex-Executives’ Claims of Harassment, Retaliation
A federal judge in Chicago on Wednesday said two former McDonald’s vice presidents can proceed with their lawsuit that they were criticized and subjected to racial slurs because they are Black women, and then forced out of the company for …
POSTED MARCH 19, 2026 3:17 PM |
Massive 7-Ton Meteor Explodes Over Cleveland, Startling Residents
A 7-ton meteor that sped across the Cleveland sky at 45,000 miles (72,420 kilometers) per hour on Tuesday before breaking apart in a thunderous boom startled residents who feared an explosion. People several states away reported seeing the bright fireball …
POSTED MARCH 19, 2026 2:23 PM |
Is a Federal Reinsurance Backstop the Answer to Home Insurance Challenges?
The Brookings Institution’s Hamilton Project has released a proposal for a federal reinsurance backstop called US Re to leverage federal borrowing capacity and stabilize the country’s homeowners insurance market. “Properly constructed, US Re could improve resilience while maintaining the benefits …
POSTED MARCH 19, 2026 2:20 PM |
People Moves: Trade Names Krol as Chief Operating Officer
Trident Marine Managers, a Ryan Specialty managing general underwriter, announced the appointment of Karolina Krol as Chief Operating Officer, effective immediately. Trident offers specialty marine and offshore energy insurance solutions and is part of Ryan Specialty Underwriting Managers, the underwriting …
POSTED MARCH 19, 2026 2:17 PM |
People Moves: MEMIC Promotes Jarrard and Roberts; Khurana Joins Patriot Growth
MEMIC Promotes Jarrard and Roberts to Territory Manager Roles The MEMIC Group, headquartered in Portland, Maine, promoted Sunny Jarrard to territory manager for its Southeast Region and Benjamin Roberts to territory manager for its Northeast Region. Jarrard will guide MEMIC’s …
POSTED MARCH 19, 2026 1:23 PM |
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