Insurance
Russia Expands Response to Biggest Black Sea Fuel Spill in Decades
Russia has formed a new government commission to coordinate clean up of the biggest spill of oil products in the Black Sea in recent history as the Kremlin continues to assess the full scale of the catastrophe. Two tankers carrying …
Read More People Moves: Vermont Mutual Names McDonnell CEO; Carangelo Joins DeCotis
Vermont Mutual, headquartered in Montpelier, Vermont, named company president Mark J. McDonnell as chief executive officer. McDonnell first joined Vermont Mutual as senior vice president in 2014. He was named executive vice president and chief operating officer (COO) in 2015 …
Read More With Waters and Mandates Rising, HoneyQuote Adds Flood Insurance Price Tool
As more policyholders with Florida’s Citizens Property Insurance are statutorily required to purchase flood insurance, another insurance rate-quoting service has gotten in on the act. Officials with HoneyQuote.com announced Monday that the firm has started offering flood insurance quotes from …
Read More Navion Acquiring Pegasus Capital & Insurance Services in California
Navion insurance Associates Inc. has acquired Pegasus Capital & Insurance Services Inc. in California. Pegasus Capital & Insurance Services is an insurance agency that specializes in serving the commercial insurance needs of its clients. Navion Insurance Associates is based in …
Read More US Chicken, Pork Plant Workers Face Higher Health Risks, USDA Studies Confirm
Workers in U.S. chicken and pork plants face higher risks than other manufacturing workers for musculoskeletal disorders such as carpal tunnel syndrome, according to two studies the U.S. Department of Agriculture issued on Friday. The findings highlight health concerns for …
Read More New York Governor Wants to Curb Hedge Funds Buying of Homes
New York Gov. Kathy Hochul last Thursday said she will push for new laws to make it harder for hedge funds to purchase large numbers of single-family homes in the state. In a statement, Hochul said she would propose legislation …
Read More Reuters Exclusive: Investor Climate Group Suspends Activities After BlackRock Exit
A flagship coalition aimed at aligning the asset management industry with global climate goals said it was suspending its activities on Monday, days after BlackRock, the world’s biggest investor, left amid a political backlash in the United States. The pause …
Read More Texas Lawsuit Alleges Allstate Illegally Collects Driver Data
The State of Texas on Monday filed a lawsuit against Allstate, alleging the insurance company illegally collects driver data through secretly embedded software in mobile apps and then uses the data to justify raising Texans’ insurance rates. Texas Attorney General …
Read More Edison Utility Sued Over Role of Equipment in Los Angeles Fire
Edison International Inc.’s southern California utility was hit with a lawsuit blaming the energy provider’s equipment for igniting one of the wildfires still raging in the second-largest US metropolis. The lawsuit is on behalf of a group of homeowners, renters, …
Read More Lincoln-Leavitt Acquiring Pyorre Insurance Agency in California
Lincoln-Leavitt Insurance has acquired Pyorre Insurance Agency in California. Pyorre Insurance Agency’s Lakeport office will relocate to Lincoln-Leavitt Insurance’s location in Lakeport, California, by the end of January. Its Fort Bragg location will remain open, and the same team will …
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