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

NJM Insurance Group Expands in the Mid-Atlantic Region

NJM Insurance Group now offers its full complement of personal and business insurance in Maryland and full line of business insurance in Delaware. Maryland residents can now apply for the company’s auto, homeowners, condo and personal umbrella insurance policies. Workers’ …

Arthur J. Gallagher & Co. Acquires New York’s Lloyd Bedford Cox

Arthur J. Gallagher & Co. acquired Bedford Hills, New York-based Lloyd Bedford Cox. Inc. (LBC). Terms of the transaction were not disclosed. Founded in 1921, LBC is a fourth-generation retail insurance agency providing insurance coverage, services and risk assessment tools …

University of New Hampshire Gets $1.8M to Study Road Damage from Coastal Flooding

The University of New Hampshire has been awarded a $1.8 million grant to study how and why coastal hazards like excessive flooding are causing roads to crack and crumble. “We’re trying to better understand the causal links of not only …

Canada Permits TC Energy to Keep Insurers Secret From Pipeline Activists

TC Energy Corp. is the latest Canadian pipeline company allowed to keep its insurers confidential as activist groups push firms to drop business with the fossil fuels industry. The Canada Energy Regulator ruled that the names of TC Energy’s insurers …

SEC to Focus on Companies Instead of Investment Firms in Climate Disclosure

The U.S. Securities and Exchange Commission has decided to take a different tack on climate-risk disclosures than its counterparts in Europe. Instead of targeting investment managers, the SEC is focusing on the companies they invest in—and the executives who run …

Rarely-Used Emergency Workplace Rule Is Key to Biden Vaccine Plan

U.S. President Joe Biden’s plan requiring more than 100 million Americans to get vaccinated against COVID-19 relies on a rarely used workplace rule with a history of being blocked in court, making it an inviting target for legal challenges by …

Judge Temporarily Blocks New York Vaccine Mandate for Healthcare Workers

A U.S. judge in New York on Tuesday temporarily blocked the state from enforcing a requirement that healthcare workers receive COVID-19 vaccines against the wishes of employees with religious objections. U.S. District Judge David Hurd in Utica, New York in …

Israeli Fintech Pagaya Agrees to Go Public via $8.5B SPAC Deal

Israeli fintech Pagaya on Wednesday agreed to go public through a merger with special-purpose acquisition company EJF Acquisition Corp in a deal with an enterprise value of $8.5 billion. The deal will include a $200 million private investment in public …

How NFTs Can ‘Break the Fourth Wall’ Between Digital and Physical Assets

pplpleasr, a New York City-based multi-disciplinary artist, first became interested in digital art while watching the Pixar-produced film Wall-E in college. “When I watched the credits, there were so many names in the credits, and I thought, “Oh, there’s no …

Report: Loss of Soil Strength Likely Led to Michigan Dam Collapses

A sudden loss of soil strength under saturated conditions most likely caused two Michigan dams to collapse last year and contributed to flooding that forced evacuations of about 10,000 people, an interim report commissioned by federal regulators and released Sept. …