Monthly Archives: <span>March 2021</span>

Railcar Carrying Molasses Explodes in Minnesota

A railcar carrying molasses exploded in Cannon Falls Tuesday morning, leaving a sticky mess, but causing no injuries, according to police. According to authorities, the explosion happened about 7 a.m. at the Progressive Rail facility in Cannon Falls, which is …

Arkansas Governor Vetoes Bill to Refund Businesses’ Coronavirus Fines

Arkansas Gov. Asa Hutchinson has vetoed legislation requiring the state to refund fines imposed on businesses violating coronavirus safety rules, as the state’s virus cases and hospitalizations continued to drop. The sponsor of the refund legislation said he’d seek an …

Central Texas Town Hit Hard by Spring Storms

Springtime storms caused significant damage to buildings in a central Texas city, and forecasters say more stormy weather is expected later in the week for parts of the southern U.S. There were no immediate reports of injuries from Monday night’s …

Canada’s Constellation Insurance to Acquire Ohio National for $1 Billion

Canada’s Constellation Insurance Holdings, Inc. has agreed to acquire Cincinnati-based life and disability insurer Ohio National Mutual Holdings, Inc. and its wholly owned subsidiary Ohio National Financial Services, Inc. for a total consideration of US$1 billion. The $1 billion figure …

Authorities Working to Free Giant Stranded Container Ship Blocking Suez Canal

CAIRO – The shortest shipping route from Europe to Asia remained blocked on Wednesday as 10 tug boats struggled to free one of the world’s largest container ships after it ran aground in the Suez Canal. The 400-meter, 224,000-tonne Ever …

California Wildfire Sparked When Tree Hit Power Line, Report Shows

A Northern California wildfire that killed four people and destroyed more than 200 buildings last year was sparked when tree branches came into contact with Pacific Gas & Electric power lines, officials said in a report. Investigators with the California …

Insurance Broker Acrisure Raises $3.45 Billion

Fast-growing global insurance brokerage Acrisure announced it has closed on two transactions representing a significant capital raise of $3.45 billion. BDT Capital Partners, a merchant bank, led a $3 billion investment through its affiliated investment funds into Acrisure’s senior preferred …

People Moves: MEMIC’s Langlois, Merchants’ Makey Promoted; Camerino from Everest Re to Buckle

Langlois Promoted at The MEMIC Group Portland, Maine-headquartered workers’ compensation specialist The MEMIC Group has promoted Cameron Langlois to the role of MEMIC Express underwriter. In this role, Langlois will be responsible for developing the company’s Express book serving small …

Two Workers Injured in 30-Foot Fall Off Slippery Roof in Massachusetts

Two workers fell about 30 feet off the roof of a duplex under construction in Massachusetts early Friday and were flown to hospitals, authorities said The Mashpee Fire Department responded to the call around 8:30 a.m., Chief Thomas Rullo told …

Report Fuels More Debate on Connecticut Utility’s Storm Response

A draft report critical of a utility’s response to Tropical Storm Isaias has Connecticut lawmakers again calling for accountability. The report released late Friday by the state’s Public Utility Regulatory Authority concluded that Eversource’s preparations and response were inadequate and …