Investigators say lightning has sparked a fuel tank explosion that left a crater 40 feet wide at an Ohio gas station. The blast and fire in the evening on Aug. 3 prompted a temporary evacuation near the Gas Depot in …
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Hub International Limited announced that its subsidiary Hub New England hired Christopher Taylor as senior vice president and marketing executive for Specialty Lines. Taylor brings directors and officers liability (D&O) expertise to the territory where he will focus on specialty …
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The U.S. Securities and Exchange Commission approved a rule Wednesday requiring companies to reveal the pay gap between the chief executive officer and their typical worker, handing a new weapon to groups protesting rising income inequality. The commission voted 3 …
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Greg O’Brien Insurance Services in Santa Barbara, Calif. has become Consolidated Agency Partners Inc.’s 200th agency member. Reno, Nev.-based CAP offers a range of commercial and personal carrier products. CAP has offices in Nevada, California and Michigan.
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Portage, Mich.-based insurance wholesaler, J.M. Wilson, has added two new property/casualty underwriters: Blayne White and Robbin Nichols. Both White and Nichols will quote new and renewal commercial property/casualty risks and serve independent insurance agents in Michigan. White graduated from Olivet …
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Allianz SE, Europe’s biggest insurer, said second-quarter profit rose 15 percent, spurred by earnings from property and casualty. Net income increased to 2.02 billion euros ($2.2 billion) from 1.76 billion euros [$1.9 billion] a year earlier, the Munich-based company said …
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A jury has awarded than $1.3 million in damages to a couple whose southern Ohio farmhouse was made inhabitable when a fuel deliverer mistakenly pumped 600 gallons of diesel into their basement. The Ross County jury awarded the money to …
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RSA Insurance Group Plc, the subject of a potential takeover bid by Zurich Insurance Group AG, reported a jump in first-half profit that beat analyst estimates and restored the interim dividend. Operating profit rose 84 percent to 259 million pounds [$395.2 million], London-based RSA …
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The Oklahoma Corporation Commission is imposing new guidelines on oil and natural gas disposal well operations in response to a rise in earthquake activity in northern Oklahoma and southern Logan counties. The commission that regulates the oil and gas industry …
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AXA announced it has entered exclusive negotiations with Ageas for the potential sale of AXA’s Portuguese operations. These operations include AXA’s entire stake in AXA Portugal Companhia de Seguros SA (P&C business), AXA Portugal Companhia de Seguros de Vida SA (life …
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