Progressive Corp. posted full-year 2022 net income of $721.5 million, down about 78% from net income of $3.35 billion the prior year, due to losses in its investment portfolio. However, Chief Executive Officer Tricia Griffith in a letter to shareholders …
Is it possible to predict exactly where the wind will blow? How about where it will blow 30 years from now? The First Street Foundation, a nonprofit that works to define and communicate risks posed by climate change, says it …
Three banks agreed to pay $1.35 billion to resolve litigation by former Allen Stanford investors who accused them of contributing to the imprisoned financier’s massive Ponzi scheme. Canada’s Toronto-Dominion Bank will pay $1.205 billion, HSBC Holdings Plc will pay $40 …
This edition of International People Moves details appointments at Optio Group, Everest Re, and the MGA Pen Underwriting. A summary of these new hires follows here. Robinson Named CEO of Optio Group Optio Group, the London-based specialty MGA, announced the …
EVANSVILLE, Ind. (AP) – An October fire that left an Evansville warehouse and neighboring buildings in ruins began on the third floor of the warehouse after someone started it to keep warm, firefighters said. The fire began around 4:40 a.m. …
A cargo of Russian oil is heading for storage tanks in Ghana, a nation that exports crude itself and is on the doorstep of two regional supply powerhouses. The development suggests that traders could be scouring the market for new …
The U.S. Supreme Court on Monday agreed to decide whether the Consumer Financial Protection Bureau’s funding structure established by Congress violates the U.S. Constitution in a case that President Joe Biden’s administration has said threatens the agency’s ability to function …
National insurance broker World Insurance Associates reports it acquired the business of Durfee Buffinton Insurance Agency, Inc. of Fall River, Massachusetts. Terms of the December 31, 2022 transaction were not disclosed. Durfee Buffinton provides personal and business insurance in the …
LUBBOCK — The Texas High Plains is a vast swath of oil-rich soil and farm and ranch land as far as the eye can see — only the peaks of Caprock Canyon break up the endless miles of plains in …
The California Department of Industrial Relations’ Occupational Safety and Health Appeals Board issued a precedential decision related to the provision of water at outdoor worksites, which required water must be as close as practicable to the areas where employees are …