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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 …
POSTED JANUARY 14, 2025 7:00 AM |
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 …
POSTED JANUARY 14, 2025 6:01 AM |
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 …
POSTED JANUARY 14, 2025 6:00 AM |
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 …
POSTED JANUARY 14, 2025 6:00 AM |
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 …
POSTED JANUARY 14, 2025 6:00 AM |
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 …
POSTED JANUARY 14, 2025 6:00 AM |
Crews Continue Efforts to Stabilize Pennsylvania Sinkhole Area
A sinkhole where a Pennsylvania woman fell to her death last month is now being filled with hundreds of cubic yards of grout in a bid to stabilize the site. The work in the village of Marguerite, about 40 miles …
POSTED JANUARY 14, 2025 6:00 AM |
US Supreme Court Rebuffs Meta Bid to Avoid Advertisers’ Lawsuit
The U.S. Supreme Court declined on Monday to hear a bid by Meta Platforms to avoid a multi-billion dollar class action by advertisers that accused the Facebook and Instagram parent company of overcharging them by inflating the number of people …
POSTED JANUARY 14, 2025 6:00 AM |
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 …
POSTED JANUARY 13, 2025 9:14 PM |
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, …
POSTED JANUARY 13, 2025 7:23 PM |
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