August 20, 2018
A climate prediction report issued by the National Weather Service says Oregon will remain hot, dry and smoky well into autumn this year. The Statesman Journal reported that forecast in the report released last week means that the state’s existing …
August 20, 2018
California utilities won’t get a break from lawmakers who were weighing changes to state liability laws that expose the companies to billions in potential damages from last year’s wildfires. Lawmakers don’t have enough time to study and pass a bill …
August 20, 2018
Specialty insurer Jewelers Mutual Group has purchased the assets of TransGuardian Inc., a high-value item shipping and logistics software company. Terms of the transaction were not disclosed. Jewelers Mutual partnered with TransGuardian in 2017 to develop its JM Shipping Solution, …
August 20, 2018
President Donald Trump said on Friday he had asked the U.S. Securities and Exchange Commission to study the impact of allowing companies to file reports with the financial regulator every six months instead of every quarter. “That would allow greater …
August 20, 2018
Days after touring areas of eastern Pennsylvania that were hard-hit by flooding, Governor Tom Wolf has signed a “disaster emergency” proclamation for the area. Friday’s move allows the state to ask for a federal disaster declaration and seek funding for …
August 20, 2018
A Massachusetts dessert company that accused its ice cream supplier of destroying its business by secretly altering the recipe has been awarded $720,000. The jury verdict came Friday in the legal battle between Massachusetts-based dessert company 600 lb Gorillas Inc. …
August 20, 2018
Socius Insurance Services Inc., a management liability and property/casualty insurance wholesaler, has hired Jerry Ascolese to join its casualty practice as vice president. Ascolese will be based in New York City – a new region for Socius. Ascolese brings 25 …
August 20, 2018
Plymouth Rock Assurance has announced that A.M. Best Rating Services Inc. upgraded the financial strength ratings of the Palisades Group and High Point Homeowners Group to A- (Excellent). In addition, their long-term issuer credit ratings have been upgraded to a-. …
August 20, 2018
Richard DePiero has joined Sompo Pro, the U.S. professional liability insurer unit of Sompo International, as senior vice president, U.S. Cyber Product leader. DePiero will be responsible for Sompo Pro’s U.S. cyber and network security offerings. He brings more than …
August 20, 2018
Chinese buyers of Iranian oil are starting to shift their cargoes to vessels owned by National Iranian Tanker Co. (NITC) for nearly all of their imports to keep supply flowing amid the re-imposition of economic sanctions by the United States. …