July 25, 2017
Fire officials say a blaze tore through an apartment complex under construction in Massachusetts. Waltham Fire Chief Paul Ciccone says the complex’s five buildings collapsed in the early Sunday fire. Ciccone says none of the neighboring buildings caught fire. Crews …
July 25, 2017
Meadowbrook Insurance Group Inc. has promoted Fred Browning to chief underwriting officer. Browning, who most recently served as senior vice president of Admitted Carrier Operations, will now lead Meadowbrook’s corporate underwriting functions and will report to Nathan Voorhis, Meadowbrook’s chief …
July 25, 2017
As the legalization of recreational marijuana sales in Maine nears, a legislative panel has spent months pondering the best way to tax pot to bring in state revenue, fund regulatory enforcement and discourage the illicit market. In November, legalization of …
July 25, 2017
The design of the New York region’s Metro-North Railroad power supply is among the reasons a 2015 accident between a train and a vehicle was so deadly, U.S. investigators are poised to conclude. The National Transportation Safety Board is preparing …
July 25, 2017
U.S. Senator John McCain, who underwent surgery last week for brain cancer, will return to Washington Tuesday as the Senate prepares to take up embattled healthcare legislation, a dramatic development that could boost Republican efforts to get enough votes to …
July 25, 2017
Borrowing from its own auto insurance model, Progressive is announcing a tool called HomeQuote Explorer, an online platform that allows homeowners to quickly compare home insurance quotes from multiple carriers. The insurer says it takes 15 minutes or less to …
July 25, 2017
Ironshore International has appointed Krishnan Ethirajan to serve as chief operating officer. He will retain his current role as chief operations officer of IronServe Inc., a global operations unit that delivers a range of specialized underwriting, finance and technological support …
July 25, 2017
Aetna Inc. announced it has acquired UK-based Bupa Group’s Thai business, Bupa Thailand, for an undisclosed sum. The acquisition will significantly increase Aetna’s presence in Asia, and is key to the company’s strategy to go “broader and deeper” into local …
July 25, 2017
Australia’s consumer watchdog said on Monday it was urgently seeking information from the government regulator and car manufacturers after a magazine reported that recalled Takata air bags were being replaced by faulty air bags. Australian consumer magazine Choice discovered car …
July 25, 2017
Uber and insurance group AXA have joined forces in France to offer accident cover for drivers who work for the ride hailing service after it faced criticism over their treatment. In France, as in other countries, Uber has been challenged …