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News – Insurance Journal
More Rain Expected in Already Soggy South Carolina
The soggy remnants of Florence keep causing chaos in coastal South Carolina long after the hurricane swirled ashore, with rivers still flowing far beyond their banks and a new storm gathering more rain just offshore. Authorities urged up to 8,000 …
POSTED SEPTEMBER 26, 2018 3:21 PM |
Navigators Group, Being Acquired by The Hartford, Receives No Other Offers
The specialty insurer Navigators Group announced the expiration of a 30-day “go-shop” period provided for under the terms of its merger agreement with The Hartford Financial Services Group. Navigators said it received no other offers during the period, despite having …
POSTED SEPTEMBER 26, 2018 3:20 PM |
Oregon Rental Company Settles for $105k in Living Conditions Suit
A Portland, Ore. rental management company has agreed to pay $105,000 to settle a lawsuit filed by an ex-tenant who claimed she endured deplorable living conditions. The Oregonian/OregonLive reported the settlement came from A&G Management after they had sent a …
POSTED SEPTEMBER 26, 2018 3:20 PM |
Rural Nevada Areas Not as High on Recreational Marijuana
Despite more marijuana licenses available from the state, parts of rural Nevada continue to shun the business. But in other parts of rural Nevada, seeds of industry might be sprouting. Las Vegas dispensary Acres Cannabis has a dispensary under development …
POSTED SEPTEMBER 26, 2018 3:18 PM |
China’s Debt-Ridden Anbang Insurance Aims to Sell $200M of Japan Real Estate: Sources
Anbang Insurance Group Co. Ltd. aims to sell $200 million worth of Japanese real estate to bidders including Blackstone Group LP, about two years after buying them from the U.S. investment firm, two people with knowledge of the matter said. …
POSTED SEPTEMBER 26, 2018 1:38 PM |
Construction Company Cited in Connecticut for Safety Hazards, Faces $146K in Penalties
The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited L.L.E. Construction LLC for exposing employees to fall and other hazards at a construction worksite in Bridgeport, Conn. The company faces $146,554 in proposed penalties. OSHA inspectors …
POSTED SEPTEMBER 26, 2018 1:38 PM |
Delaware Governor Nominates Two for State’s Corporate Court
Delaware Governor John Carney on Thursday nominated a corporate lawyer and a court official to fill two newly created openings on the state’s influential Court of Chancery, which is a major venue for major shareholder disputes. Kathaleen McCormick, an attorney …
POSTED SEPTEMBER 26, 2018 1:19 PM |
Clearsurance Partners with CoverHound
Clearsurance, an online publisher of insurance consumer reviews and data, has announced its partnership with CoverHound, an online property and casualty insurance comparison platform. Based just outside of Boston, Mass., and founded in 2016 by Michael Crowe and Todd Kozikowski, …
POSTED SEPTEMBER 26, 2018 1:13 PM |
Police Say More Than $75K in Equipment Stolen from Connecticut Business
Police in Connecticut are searching for a suspect they say stole thousands of dollars’ worth of construction equipment from a business. WVIT-TV reports Watertown, Conn., police were called Monday when a business discovered equipment had been stolen from a tractor-trailer. …
POSTED SEPTEMBER 26, 2018 1:09 PM |
Slice Labs Raises $20M for Its On-Demand Platform for Insurers
Cloud services provider Slice Labs has raised an additional $20 million that it will use to expand its cloud services for on-demand insurance products globally. The Series A funding round was led by The Co-operators with participation from XL Innovate, …
POSTED SEPTEMBER 26, 2018 1:00 PM |
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