29 03, 2021

Allstate Sells New York Unit to Wilton Re, Completing Exit from Life, Annuity Business

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The Allstate Corp. said it has agreed to sell its New York life insurance and annuity operation to Wilton Re for $220 million. The selling of Allstate Life Insurance Company of New York (ALNY), along with the previously announced agreement …

30 03, 2021

Despite Soy Rally, Farmers Bet on Corn Backed by High Crop Insurance Guarantee

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CHICAGO— A 45% rally in soybean prices in 11 months was not enough to convince South Dakota farmer DuWayne Bosse to give up any corn acreage on his farm this spring. “For our farm, we are looking at maxing out …

29 03, 2021

Private Equity Firm Odyssey Partners With Management to Acquire SIAA

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Private equity firm Odyssey Investment Partners has joined with management of SIAA (Strategic Insurance Agency Alliance), the nation’s largest alliance of independent insurance agencies, to acquire the company. New Hampshire-headquartered SIAA says its model and operations will remain unchanged under …

30 03, 2021

People Moves: Cole from XS Brokers to Rockwood; Westchester’s Roberts, Fred C. Church’s Sanderson Promoted

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Rockwood Programs Names Cole as Chief Marketing Officer Rockwood Programs Inc., a full-service managing general agency, has appointed Carol Cole to chief marketing officer. In this role, Cole is responsible for marketing employment practices liability, insurance agents errors and omissions, …

29 03, 2021

Judge: Austin Can Require Masks Despite Lifting of Texas’ Statewide Mandate

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A Texas judge is allowing the City of Austin to continue to require face coverings in local businesses weeks after Republican Gov. Greg Abbott ended a statewide mask mandate and other COVID-19 safety measures. The ruling by state District Judge …

30 03, 2021

Pennsylvania Gas Driller to Pay $1.9M for Damage to Wetlands, Waterways

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One of the most active natural gas exploration firms in Pennsylvania has agreed to pay $1.9 million after it disclosed in 2014 that its construction work had damaged waterways and wetlands, without proper permits, according to paperwork filed in federal …

29 03, 2021

Bill to Legalize Recreational Pot Dies in North Dakota Senate

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North Dakota’s Republican-led Senate has killed legislation to legalize recreational marijuana in the state. Only 10 of the chamber’s 47 senators voted for the measure. The bill passed the GOP-led House last month with a 56-38 vote for approval. Backers …

30 03, 2021

Police Say New York Construction Worker Killed in Trench Collapse

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A construction worker was killed when a trench collapsed on him while he was working in a residential development in the Hudson Valley community of Woodbury, New York, police said. The 43-year-old worker was digging in a 10-foot ditch when …

29 03, 2021

OSHA Sues Texas Hotel Operator for Whistleblower Law, Other Violations

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Federal officials have sued the operator of a hotel in Waller, Texas, after it fired an employee who sought medical help after being exposed to carbon monoxide and reported the incident. According to U.S. Department of Labor’s Occupational Safety and …

30 03, 2021

California County Paying $4M in Misconduct Suits

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San Diego County has so far spent more than $4 million to settle a dozen lawsuits brought after a sheriff’s deputy admitted to on-duty misconduct with 16 women, a newspaper reported Sunday. The Union-Tribune cited documents that show lawyers for …