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Winds Feeding California’s Largest Wildfire
It could be days before officials will be able to assess the damage done to a small town by California’s largest wildfire, one of dozens of blazes scorching lands across the U.S. West. Over the weekend, the massive Dixie Fire …
POSTED JULY 27, 2021 2:50 PM |
200 Buildings Added to Avalanche Risk Areas for Alaskan City
Updated maps add 200 homes and other buildings to hazard zones for landslides and avalanches in Alaska’s capital city, bringing to about 550 the total number of structures that would be considered at moderate to severe risk of being damaged …
POSTED JULY 27, 2021 2:45 PM |
States Weigh Bans on Ransomware Payoffs
As ransomware attacks continue to wreak havoc on police departments, school districts and city and county governments, some state legislators say they’ve had enough. At least three states—New York, North Carolina and Pennsylvania—are considering legislation that would ban state and …
POSTED JULY 27, 2021 2:10 PM |
People: Millers Mutual Promotes Hess, MEMIC Hires Three to Underwriting Team
Millers Mutual Insurance Promotes Hess to VP, Chief Information Officer Millers Mutual Insurance, a regional property/casualty insurance carrier, promoted Samuel Hess to vice president and chief information officer, effective immediately. As CIO, Hess will partner with Millers’ business units to …
POSTED JULY 27, 2021 2:10 PM |
Car-Sharing Firm Getaround Settles Over Tax Bill, Customer Damage and Thefts
Getaround Inc. will pay $950,000 to Washington, D.C. and revise its business practices after allegations that it misrepresented the benefits and nature of its car sharing services and failed to pay city sales taxes, officials said on Friday. The Softbank-backed …
POSTED JULY 27, 2021 1:40 PM |
Erosion of Sand Spit Could Threaten Connecticut Shore, Homes
A sand spit that protects part of the coastline straddling Fairfield and Bridgeport, Connecticut, is eroding and could leave the area vulnerable to flooding and other damage if measures aren’t taken to replenish it, a local environmental group says. A …
POSTED JULY 27, 2021 1:40 PM |
Arthur J. Gallagher Ends $3.6B Deal to Buy Willis Re, After Aon-Willis Merger Scrapped
Arthur J. Gallagher & Co. announced it has terminated its May 12, 2021 agreement to acquire Willis Re and certain other Willis Towers Watson operations for $3.57 billion. Both Gallagher and Willis Towers Watson filed statements with the Securities and …
POSTED JULY 27, 2021 1:34 PM |
National Alliance Announces States’ Insurance Customer Service Reps for 2021
The educational organization The National Alliance for Insurance Education & Research has announced this year’s winners of its annual insurance customer service representative (CSR) competition for each state. To be eligible for the National Outstanding CSR of the Year Award, …
POSTED JULY 27, 2021 1:14 PM |
Purdue’s Creditors Back Bankruptcy Plan That Would Pay 3,000 Opioid Lawsuits
OxyContin maker Purdue Pharma LP said on Tuesday that creditors voted in favor of its reorganization plan that would provide billions of dollars to the governments that sued the company for its role in the U.S. opioid crisis. More than …
POSTED JULY 27, 2021 12:23 PM |
Allstate Among Large Firms Linking CEO Pay to Diversity Gains
Corporate diversity has become the most common type of sustainability metric used in setting executive pay, a new study found, as companies look to increase the share of women and minorities in their workforces. Among 61 metrics used by Fortune …
POSTED JULY 27, 2021 11:54 AM |
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