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St. Pete Looking at Downtown Transformation with Housing and New Rays Stadium ST. PETERSBURG, Fla. (AP) — The future of the Tampa Bay Rays is about to come into clearer focus as local officials begin public discussions over a planned $1.3 billion ballpark that would be the anchor of a much larger …
POSTED MAY 09, 2024 3:23 PM |
Tornadoes in Tennessee, North Carolina Kill Three, Damage Properties High winds, hail, heavy rain and tornadoes battered Southern states from Alabama to North Carolina Wednesday and Thursday morning, leaving three people dead and hundreds of properties with heavy damage. USA Today, CNN and other news outlets reported that the …
POSTED MAY 09, 2024 3:06 PM |
Hospital Operator Ascension Warns of Suspected Cyberattack; Operations Disrupted Hospital operator Ascension reported disruptions to its clinical operations on Wednesday due to a suspected cybersecurity incident and advised business partners to temporarily disconnect from its systems. Earlier this year, UnitedHealth, the largest U.S. health insurer, had reported a cyberattack …
POSTED MAY 09, 2024 1:47 PM |
Progressive Set to ‘Maximize’ Growth, Building on Q1 When Progressive’s chief executive officer weighed the words that should go into the management discussion section of the company’s first-quarter 10-Q report, she considered two possibilities to describe anticipated growth for the balance of 2024. “Was ‘maximize’ growth the right …
POSTED MAY 09, 2024 1:02 PM |
Three Insurers Reject Chevron’s $57 Million Claim for Iran Oil Seizure Three insurance companies have rejected Chevron’s claim over the seizure last year of an oil cargo by Iran, according to a complaint filed on Tuesday in a U.S. court in California. The Chevron-chartered tanker Advantage Sweet was boarded by Iranian …
POSTED MAY 09, 2024 9:47 AM |
Hub International Acquires Certain Assets of Canada’s 2197747 Alberta Ltd. Hub International Ltd., the Chicago-based insurance brokerage and financial services firm, announced the acquisition of certain assets from 2197747 Alberta Ltd., which is in turn partially owned by Carianne O’Connor. Terms of the transaction were not disclosed. Located in Edmonton, …
POSTED MAY 09, 2024 8:24 AM |
Texas Energy Company to Pay $260K to Settle Racial Harassment Lawsuit A Texas energy company will pay a $265,000 fine to settle charges that it subjected Black and Hispanic field mechanics to harassment. The U.S. Equal Employment Opportunity Commission (EEOC) announced last week that Liberty Energy, Inc. doing business as Liberty …
POSTED MAY 09, 2024 7:00 AM |
Oklahoma Judge Blocks State’s Anti-ESG Law A judge in Oklahoma blocked a state law that prohibits state pension systems from investing with companies that limit investment in the oil and gas industry. Oklahoma County District Court Judge Sheila Stinson on Tuesday issued a temporary injunction blocking …
POSTED MAY 09, 2024 6:00 AM |
Markets/Coverages: FM Global Names Leadership for New Renewable Energy Unit Commercial property insurer FM Global announced the launch of a renewable energy unit to help clients in the transition to alternative energy through research and innovation, and to support the overall advancement of the renewable energy industry. FM Global’s Renewable …
POSTED MAY 09, 2024 5:37 AM |
Reserve Strengthening for Casualty Lines Not Over: Moody’s If personal auto insurance loss reserves are developing adversely, can commercial general liability be far behind? That’s the gist of one of the questions that analysts from Moody’s Investors Service asked—and answered—in a new report on the U.S. property/casualty insurance …
POSTED MAY 09, 2024 5:28 AM |
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