March 4, 2021
A freight train derailed in the Southern California desert on Wednesday, sending more than 40 rail cars crashing into the sand, authorities said. Nobody was hurt and there was no fire when the BNSF Railway train went off the tracks …
March 4, 2021
A former Red Oak, Iowa, insurance agent is facing felony charges related to alleged insurance fraud. The Iowa Insurance Division said Dustin French has been charged with one count of Insurance Fraud – Presenting False Information (Class D Felony) and …
March 4, 2021
Commercial real estate information provider CoStar Group said it had withdrawn its bid to buy CoreLogic after the U.S. property analytics company rebuffed its sweetened buyout offer of more than $7 billion earlier on Thursday. In February, CoreLogic had agreed …
March 4, 2021
Kentucky’s governor toured parts of his state hard by heavy rains Tuesday and pledged to seek federal assistance after massive flooding inundated several areas. Gov. Andy Beshear said “parts of cities are underwater in eastern Kentucky” and Kentucky National Guard …
March 4, 2021
Chicago-based global insurance brokerage, Hub International Limited (Hub), has acquired the assets of Benefit Strategies Agency LLC and Financial Strategies Agency LLC (collectively, Benefit Strategies Agency), headquartered in Findlay, Ohio. Terms of the transaction were not disclosed. Benefit Strategies Agency …
March 4, 2021
Gov. Gretchen Whitmer has announced the further loosening of Michigan’s coronavirus restrictions, easing capacity limits in restaurants and a host of other businesses while also allowing for larger indoor and outdoor gatherings. The revised state health department order will take …
March 4, 2021
U.S. property data and analytics company CoreLogic Inc. rebuffed peer CoStar Group Inc.’s sweetened buyout offer, saying it required improvement in terms of value. Earlier this week, CoStar raised its offer to buy CoreLogic by adding another $450 million to …
March 4, 2021
Alleghany Corp. has triggered a changing of the guard, with a new chief executive officer slated to take over at the end of 2021. Current CEO Weston Hicks will retire as CEO and as a director of property/casualty insurance and …
March 4, 2021
More than five years after massive cyber attacks left a quarter of a million Ukrainians without electricity, the world’s power grids have become even more vulnerable to hackers. As utilities turn to varying sources of renewable energy and add millions …
March 4, 2021
Two people died when they were struck by a truck at a construction site in Boston on Wednesday, officials said. The workers were struck on High Street in the city’s Financial District just after 8 a.m., interim police Commissioner Gregory …