Akron, Ohio-based First Energy announced it has settled a series of shareholder lawsuits seeking corporate reforms in the wake of a bribery and corruption scandal. FirstEnergy in a statement said provisions of the settlement include an agreement that six longtime …
Investigators were set to begin digging through rubble to determine the cause of a massive fire that smoldered for four days and engulfed a $65 million luxury apartment complex in Oklahoma City that had been under construction. At least 80 …
The Oklahoma Corporation Commission voted to approve two orders for state utilities to recover natural gas costs incurred during the February 2021 winter storm. The commission approved separate orders for CenterPoint Energy and Public Service Company of Oklahoma. Commission Chair …
An increase in capital gains on investments is largely credited with lifting the after-tax net income of private U.S. property/casualty insurers to $42.1 billion over nine months in 2021 compared to $35.2 billion during the same period the prior year, …
Waltham, Massachusetts-based pretzel maker Eastern Standard Provisions managed to get its pretzels on Oprah Winfrey’s “Oprah’s Favorite Things” list in 2019 and that led to a boom in business. Last year, the company repeated the feat by getting what it …
School trustees in Las Vegas have approved a $9 million settlement in a case involving a former school bus driver who was sent to prison in 2018 for sexually assaulting special education preschoolers. The Clark County School Board accepted the …
Burns & Wilcox, a wholesale broker and underwriter, announced that Craig Anderson has joined the company’s newly opened South Florida operations. Anderson will be a commercial insurance underwriter for Burns & Wilcox in the Miami office. He has 18 years …
This edition of International People Moves details appointments at Conduit Re, Brit Ltd. and Oneglobal Broking. A summary of these new hires follows here. Conduit Re Names Roberts as Chief Underwriting Officer Conduit Re announced the appointment of Greg Roberts …
Digital insurer Lemonade has expanded its pet insurance into the state of Massachusetts, marking the 37th state where it’s available. The pet policies cover dogs or cats. According to the insurer, Massachusetts has seen an increase in pet ownership throughout …
At least six Chinese companies have lodged documents for New York listings in recent weeks, filings showed, promising an end to a months-long freeze after an unprecedented clampdown last year by Chinese regulators. However, the plans are for initial public …
