Thirty-seven Massachusetts communities damaged by flooding last year will be getting a share of $10 million in disaster relief funding, the governor’s administration said Saturday. The funding being released is from the supplemental budget the Legislature passed and Gov. Maura …
The family of a man who died by suicide at a Virginia jail after his antipsychotic medication was discontinued has received a $1.75 million settlement in a civil lawsuit. Records at U.S. District Court in Alexandria show that the family …
Erie Strategic Ventures, the venture capital arm of Erie Insurance, has announced investments in three new portfolio companies: Wagmo, Roots Automation and Trust & Will. The three investments support startups operating in tech-enabled pet wellness and insurance, AI-powered insurance operations …
The Pennsylvania-based Keystone Agency Partners (KAP) insurance brokerage platform reported that it has secured an additional $330 million of financing. Apogem Capital led the financing which was significantly over-subscribed and jointly arranged by Crescent Capital, both existing lenders to KAP. …
Online brokerage Robinhood on Thursday agreed to pay a $7.5 million fine and overhaul its practices to resolve allegations by Massachusetts’ securities regulators that it encouraged inexperienced investors to place risky trades. Massachusetts Secretary of State Bill Galvin filed an …
A television news helicopter that crashed in a southern New Jersey forest last month, killing the pilot and a photographer, had no engine problems that would have prevented normal operation, federal investigators said Wednesday. The National Transportation Safety Board released …
A fishing trawler that wrecked on rocks off the Maine coast during a powerful storm, requiring a harrowing early-morning rescue, is a total loss and will be removed over the next few days, a salvage business owner said Wednesday. The …
Blood tests of a construction worker who collapsed Wednesday outside a building owned by Yale University led emergency crews to uncover potentially lethal levels of carbon monoxide inside. Another 13 people were hospitalized, but the discovery may have prevented a …
Global insurance broker Arthur J. Gallagher & Co. announced it has acquired Concord, New Hampshire-based The Rowley Agency. The Rowley Agency is a retail insurance broker providing property/casualty, surety and employee benefits products to commercial and personal lines clients primarily …
Commissioner Andrew Mais of the Connecticut Insurance Department announced a 37% increase in the state’s captive insurance sector in 2023. According to Mais, this growth includes the addition of 10 new captive insurers and 13 new cell risk-bearing entities. With …
