Insurance
Germany’s BASF to Restore Polluted Superfund Site in New Jersey
TOMS RIVER, N.J. (AP) — The German chemical company BASF will restore damaged natural resources at a notorious Superfund site where decades or pollution and illegal dumping caused vast contamination of the environment, New Jersey officials said Monday. The state …
Read More Foggy Conditions, Low Altitude Cited in Report on Plane Crash into Power Lines
GAITHERSBURG, Md. (AP) — A small plane that crashed into a Maryland electricity transmission tower last month was flying below minimum altitudes while approaching an airport in foggy nighttime conditions, according to a preliminary report on the crash. The pilot …
Read More Small Plane Crash Kills 3 Near Oklahoma City
YUKON, Okla. (AP). – A small plane crashed near Oklahoma City, killing all three people who were on board, authorities said Tuesday. The Beechcraft Bonanza F33A crashed at around 9:20 p.m. Monday near Clarence E. Page Airport in Yukon, the …
Read More UPC Latest Insurer to Leave Louisiana
Florida-based homeowners insurer United Property & Casualty Insurance Company (UPC) has announced it is leaving several states in 2023, including Louisiana where it has approximately 36,000 policyholders. UPC will begin non-renewing its policies in 2023, the Louisiana Department of Insurance …
Read More European Central Bank Urgently Seeks Regulation After Multiple Crypto Bubbles Burst
Crypto assets are here to stay so their regulation is urgently needed to protect investors and the stability of the global financial landscape, European Central Bank board member Fabio Panetta said on Wednesday. Crypto investors suffered a series of blows …
Read More New York’s Marenco Agency Joins Renaissance Network
Marenco Insurance Agency has joined the Renaissance independent insurance agency network in New York. The family-owned property/casualty agency, founded in 1961, is located in New Rochelle, New York. It also serves clients in Connecticut, New Jersey, and Florida. Renaissance offers …
Read More PCF Insurance Acquires Illinois F&I Firm Direct Dealer Services
PCF Insurance Services (PCF) has acquired Direct Dealer Services (DDS), an automotive finance and insurance (F&I) firm providing industry-leading technologies, products, solutions and training. Headquartered in Hoffman Estates, Illinois, DDS offers national automotive dealers, agents, and lender partners innovative F&I …
Read More TWFG Insurance Acquires Ohio’s American Insurance Strategies
The Woodlands Financial Group subsidiary TWFG Insurance Services LLC, announced its acquisition of American Insurance Strategies, located in the Dayton, Ohio and Milwaukee, Wisconsin areas. AIS has $18 million in written premium and was established in February 2009 by Craig …
Read More People Moves: SiriusPoint Appoints New International Leadership Team, Naming RSA’s Gibb as President; Hampden Agencies’ CEO Smith to Retire, Succeeded by Wood
SiriusPoint Appoints New International Leadership Team, Including RSA’s Gibb as President SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, has appointed Rob Gibbs as president of its international business and to CEO of SiriusPoint International Insurance Corp. The CEO appointment …
Read More Electrical Equipment Damaged in Carolina Shooting Attack Has Been Repaired
Duke Energy said Wednesday that it has completed repairs on substation equipment damaged when it was shot up last weekend. Power was on track to be fully restored late Wednesday. In a statement to customers on its website, the energy …
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