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‘It’s Surreal’: Trump’s Freeze on Climate Money Sows Fear and Confusion
When President Donald Trump’s administration last week shut off the spigot of federal grant money, which a federal judge said is likely in violation of US law, it caused confusion and panic among groups and researchers that work on clean …
POSTED FEBRUARY 04, 2025 8:22 PM |
Orion180 Launches FLEX Home Insurance in Texas
Orion180 announced that its FLEX Home Insurance product is now available in Texas. Orion180 said that FLEX is designed to address the diverse needs of Texas homeowners, including those in high-risk areas prone to natural disasters like tornadoes and hailstorms. …
POSTED FEBRUARY 04, 2025 5:47 PM |
King Risk Partners Acquires Ohio’s Barker, Beck, Collins & Kronauge Agency
King Risk Partners announced the acquisition of Barker, Beck, Collins & Kronauge Agency (BBC&K), an independent insurance firm in Dayton, Ohio. BBC&K was founded in founded in 1923. Over the decades, the agency has expanded its expertise in auto, home, …
POSTED FEBRUARY 04, 2025 5:37 PM |
Washington Crash Investigators Complete Interviews, Probe Plane Wreckage, Flight Logs
The National Transportation Safety Board said on Monday it has completed interviews with air traffic controllers in its investigation into the collision last week between an American Airlines regional passenger jet and a U.S. Army helicopter over the Potomac River …
POSTED FEBRUARY 04, 2025 4:54 PM |
Maryland Supreme Court Upholds Child Victims Act
The Maryland Supreme Court, in a 4-3 ruling, has upheld the Child Victims Act as constitutional. The Child Victims Act (CVA) enacted in 2023 eliminates restrictions put in place in 2017 that had prevented many adult victims of child sexual …
POSTED FEBRUARY 04, 2025 3:35 PM |
Sica Fletcher Index: Total Agency-Broker M&A Revenue Down 26% in 2024
The 22 acquirers that make up the Sica Fletcher Index were involved in 533 agent-broker deals in 2024, down 6% from 2023. Members completed 146 acquisitions during the fourth quarter 2024. This was 11% less than a year ago. Total …
POSTED FEBRUARY 04, 2025 3:31 PM |
Texas Regulators Grapple With Plugging Leaky Abandoned Wells
In arid West Texas, water seeps and bubbles from old wells, sometimes carrying oil, brackish water or other pollutants to the surface. But the real danger lies underground — where oil, salt, and toxic minerals could migrate into the aquifers …
POSTED FEBRUARY 04, 2025 3:20 PM |
Chicago Sued by White Men Barred From Bally’s Casino Investment
Bally’s Corp. and the City of Chicago were accused of discriminating against White men in a lawsuit by a conservative legal group challenging a $1.7 billion casino project that offered a 25% ownership stake only to women and people of …
POSTED FEBRUARY 04, 2025 3:08 PM |
WTW Reports Net Loss in 2024 With Organic Revenue Growth of 5%
WTW reported net Income for the fourth quarter of 2024 of $1.25 billion, compared to net income of $623 million in the same period in 2023. However, the broker saw a net loss for the year of $88 million, compared …
POSTED FEBRUARY 04, 2025 2:06 PM |
Ryan Specialty Completes Buy of Velocity Risk Underwriters
Specialty insurance provider Ryan Specialty reported it has completed the acquisition of Velocity Risk Underwriters, LLC from funds managed by Oaktree Capital Management, L.P. Based in Nashville, Tennessee, Velocity is a managing general underwriter (MGU) providing first-party insurance coverage for …
POSTED FEBRUARY 04, 2025 1:57 PM |
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