August 14, 2024
Operators of illegal marijuana grow enterprises hidden inside rural homes in Maine don’t have to worry much about prying neighbors. But their staggering electric bills may give rise to a new snitch. An electric utility made an unusual proposal to …
August 14, 2024
ALKEME acquired Dunhill Marketing & Insurance Services in San Diego, California. Founded in 1992, Dunhill Insurance Services offers insurance services and specializes in life insurance and annuities with a focus on high-end markets. Ladera Ranch, California-based ALKEME is an insurance …
August 14, 2024
Farmers Group is laying off more employees one year after it cut ties with 11% of its workforce or 2,400 people. This time the insurer said it is not disclosing how many people may lose their jobs. However on August …
August 14, 2024
Wildfires in Oregon have burned more acres of land in 2024 than in any year since reliable records began, authorities said, with the mid-August peak of fire season still on the horizon. Blazes have scorched more than 1.4 million acres, …
August 14, 2024
Samsung is recalling more than 1.12 million electric ranges used for stovetops after reports of 250 fires and dozens of injuries. According to a last Thursday notice from the U.S. Consumer Product Safety Commission, these slide-in ranges have front-mounted knobs …
August 14, 2024
The Massachusetts attorney general has reached a $600 million settlement with major tobacco manufacturers, resolving some of the state’s complaints over how much the tobacco companies owe it under a 1998 master settlement with the industry. While the manufacturers have …
August 13, 2024
Risk Strategies, headquartered in Boston, appointed Bradford Leung as senior vice president in its private equity practice. Leung brings over two decades of private equity and mergers and acquisitions expertise, ranging from property and casualty to employee benefits. He previously …
August 13, 2024
The U.S. Geological Survey confirmed that a magnitude 4.4 earthquake struck an area southeast of of Highland Park, California on Monday. The quake was 7.4 miles deep and struck at 12:20 p.m. PST, according to the USGS. Media reports from …
August 13, 2024
Goldman Sachs’ fund division is to leave investor engagement group Climate Action 100+, joining other financial services companies which have pulled out amid a political backlash in the United States. U.S. members of global climate-focused coalitions have come under pressure …
August 13, 2024
Aon plc named Nick Nudo as senior managing director of reinsurance for Chicago. Based in Chicago, Nudo joins Aon having most recently served as chief underwriting officer of reinsurer SCOR’s U.S. operations. He has also worked in senior underwriting roles …