Penske Truck Leasing Co. will pay up to a $3.5 million civil penalty for alleged fraudulent safety and emissions inspections on fleet trucks and trucks it rented for commercial use. According to Massachusetts Attorney General Andrea Joy Campbell, the settlement …
Insurance broker World Insurance Associates said it acquired the business of Shield Insurance Services of Freehold, New Jersey on June 1, 2023. Shield specializes in commercial insurance to the transportation sector, with a particular focus in the moving and storage …
Legislation that would legalize marijuana use for medicinal purposes in North Carolina is probably dead for the rest of this year`s General Assembly session, House Speaker Tim Moore said Tuesday, citing opposition by many fellow Republicans in his chamber. A …
Nearly two dozen companies owned by West Virginia Gov. Jim Justice have agreed to catch up on fines owed to the U.S. government from a 2020 settlement over unsafe working conditions at his coal mines, according to a federal court …
Florida regulators are reminding carriers that the deadline to participate in the November round of takeouts from Citizens Property Insurance Corp. is fast approaching. Carriers must submit an application by July 28, the Florida Office of Insurance Regulation said in …
Arthur J. Gallagher & Co. acquired Carlsbad, California-based Benchmark Commercial Insurance Services. Robert Cohen and his team will remain in their current location under the direction of Scott Firestone, head of Gallagher’s Southwest region retail property/casualty brokerage operations. Benchmark is …
Axis Capital Holdings Limited said Frank Romeo will lead the company’s entry into the US marine cargo insurance market. Romeo is responsible for building the program and identifying growth opportunities, with a targeted product launch in the second half of …
The Miami-Dade County building inspection department is warning about imitation window screws that have failed to pass crucial tests and may not meet the county’s famously rigorous wind-load requirements. The Miami Herald reported Thursday that the building department put out …
HIGHLAND, Ill. (AP) __ Three people were killed and 14 others injured, some seriously, early Wednesday when a Greyhound bus crashed into three tractor- trailers parked along a highway exit to a rest area in southern Illinois, state police said. …
Alex Mashinsky, the founder and former CEO of bankrupt cryptocurrency lender Celsius Network, was arrested and charged with fraud, a U.S. prosecutor in New York said Thursday morning, as three federal regulatory agencies sued him and his company. Mashinsky, 57, …