Monthly Archives: <span>March 2018</span>

PG&E CEO Bashes California’s Fire Liability Law

PG&E Corp. CEO Geisha Williams wants to make sure you understand how much she dislikes California’s law on fire liability. The San Francisco-based utility owner could end up on the hook for billions of dollars worth of wildfire damages because …

Salem Five Acquires Massachusetts’ Cape Ann Insurance

Salem Five has acquired Cape Ann Insurance, headquartered in Gloucester, Mass. The acquisition will help Salem Five better serve the insurance needs of its customers in the region, according to Salem Five President and CEO Ping Yin Chai. As one …

Delaware-Based Auto Warranty Firm Faces Consumer Fraud Probe

A Delaware-based auto service contract company is under investigation following complaints from customers around the country. The News Journal reports that a recorded message at American Standard Auto Protection in Wilmington informed callers that the company would no longer accept …

Northeast Digging Out from Deep Snow as Power Outages Continue

The Northeast is digging out from its second powerful nor’easter in less than a week that left behind some areas with more than 2 feet of snow, hundreds of thousands without power, school closures and travel chaos. Some places saw …

Optisure Risk Partners Merges with New Hampshire’s Masiello Insurance Agency

Optisure Risk Partners of Manchester, N.H., has merged with Masiello Insurance Agency of Keene, N.H. Founded in 2015, Optisure is a provider of risk management and insurance, with more than $175 million in insurance premiums placed nationally by more than …

Zurich North American Names Massey as Head of Programs, Replacing Putz

Zurich North America has named Greg Massey as the head of Programs, replacing David Putz who became head of Alternative Markets for Zurich at the beginning of the year. The leadership changes come as the company welcomed Kathleen Savio, former …

Cigna’s Proposed Acquisition of Express Scripts Faces Antitrust Review

Cigna Corp.’s proposed deal for Express Scripts Holding Co. faces a drawn-out merger review as the Trump administration’s antitrust enforcers weigh the competitive effects of a wave of consolidation sweeping the health-care industry. The tie-up of the insurer and pharmacy …

Fox News Settles Gender Bias Claim

Journalist Diana Falzone has settled a gender discrimination lawsuit she filed against Fox News and left the company, her lawyer said on Thursday. “Confirmed,” her lawyer, Nancy Smith, tweeted to Reuters when asked if Falzone had reached a settlement and …

Federal Agency Blocks Health Plans Falling Short of Obamacare Benefits

A U.S. government agency on Thursday said Idaho could not allow health insurers to sell plans that do not comply with Obamacare, a sign that the Trump administration will enforce the law even as it takes regulatory actions to weaken …

Judge Says Trial Over Opioids May Be Necessary

A federal judge pushing for a settlement in lawsuits by state and local governments against drug companies over their roles in the U.S. opioid epidemic said on Wednesday that trials may be needed after both sides identified barriers to reaching …