July 26, 2018
Pennsylvania Insurance Commissioner Jessica Altman has reminded drivers to take precautions to prevent auto theft, as a recent report shows the rate of car theft nationally rising by more than four percent in the first half of 2017. She also …
July 26, 2018
Marsh & McLennan Companies reported consolidated revenue was $3.7 billion, an increase of 7 percent over the second quarter of 2017. Operating income was $691 million for the quarter. In the Risk & Insurance Services unit, revenue was $2.1 billion …
July 26, 2018
CRV Precast Construction LLC (CRV) and six of its employees have been indicted for misclassifying workers as lesser-skilled, underpaying them and falsifying information about payroll and employees, including a worker who was killed at a company job site. The defendants …
July 26, 2018
Heavy downpours soaked parts of central Pennsylvania, causing evacuations and forcing an amusement park to close for the second time this week. Hersheypark announced it would be closed Wednesday. The park closed Monday after heavy rain and flash flooding caused …
July 26, 2018
While Donald Trump has positioned himself as a tough, “law and order” president, he has mostly excluded one group of offenders from his sights: those of the corporate class, according to a report released Wednesday by Washington-based watchdog Public Citizen. …
July 26, 2018
Risk management services company Riskonnect said it has agreed to acquire Marsh ClearSight, a risk, safety, and claims software and services and a business unit of insurance broker Marsh. Terms of the transaction, which is expected to close in the …
July 26, 2018
A federal jury will decide what really happened between a former junior finance professor and the tenured Columbia Business School staff member she said sexually harassed her — and whether the university did enough to protect her once she reported …
July 26, 2018
In what the EU chief called a “major concession,” U.S. President Donald Trump agreed on Wednesday to refrain from imposing car tariffs while the two sides launch negotiations to cut other trade barriers, easing the threat of a transatlantic trade …
July 26, 2018
India’s Hindustan Petroleum Corp. (HPCL) canceled the purchase of an Iranian oil cargo earlier this month after its insurance company refused to provide coverage for the crude because of U.S. sanctions, three sources with knowledge of the matter said. HPCL, …
July 26, 2018
Qatar Reinsurance Co. Ltd. has announced that, with effect from 20 July 2018, it has ceased writing new and renewal business from its branch office in Singapore. The company will work closely with its Singapore-based staff, its clients and broking …