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NCCI Calls for 6.9% Average Decrease in Florida Workers’ Comp Rates

by lpiccitto | Sep 8, 2025 | Uncategorized

Starting in January, workers’ compensation insurance rates for Florida businesses could drop by an average of 7%. The National Council on Compensation Insurance last week recommended an average rate decrease of 6.9% for the voluntary market, effective Jan. 1. If...

People Moves: Lockton Promotes Rapciewicz and Cullen to Lead US Casualty

by lpiccitto | Sep 8, 2025 | Uncategorized

Brokerage Lockton announced new leadership appointments within its U.S. casualty business. Peter Rapciewicz has been named U.S. casualty leader, and Jessica Cullen appointed head of excess casualty and operations. Rapciewicz will oversee the strategic direction and...

Buffett’s Oregon Utility Says Fire Lawsuits Pose Shutdown Risk

by lpiccitto | Sep 8, 2025 | Uncategorized

Berkshire Hathaway Inc.’s PacifiCorp says ongoing litigation from massive wildfires in 2020 that exposed the company to billions of dollars in damages is jeopardizing its ability to continue providing power to hundreds of thousands of customers in Oregon. In an...

Philips Faces Deepened French Probe Over Sleep Apnea Device Safety

by lpiccitto | Sep 8, 2025 | Uncategorized

French prosecutors stepped up an investigation into Royal Philips NV for potentially causing danger to human health with breathing devices, tasking a magistrate with deeper probing powers to lead the case. Paris prosecutors said on Monday that the decision to...

Direct Home Insurer Kin Raises $50M in Series E Financing

by lpiccitto | Sep 8, 2025 | Uncategorized

Direct-to-consumer homeowners insurer Kin said it has raised an oversubscribed $50 million Series E financing, at a pre-money valuation of $2 billion. The digital insurer also closed on a $200 million debt facility, $145 million of which was used to …

Suit That Claimed Fox Sports Ex-Host Harassed Stylist Has Been Mostly Resolved

by lpiccitto | Sep 8, 2025 | Uncategorized

A woman who worked as a hairstylist for Fox Sports has resolved most of a lawsuit that alleged former host Skip Bayless made repeated, unwanted advances toward her — including an offer of $1.5 million to have sex with him. …
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