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Allstate Thinks Outside the Cubicle With Flexible Workspaces

After ditching two-thirds of its office space and selling its Chicago headquarters, Allstate Corp. realized that even employees who prefer working remotely still need a place to gather with their coworkers from time to time. In the coming months, a …

Marsh McLennan Completes $7.75B Buy of McGriff Insurance Services

Marsh McLennan said Friday it has completed the $7.75 billion acquisition of McGriff Insurance Services. The purchase of Charlotte, North Carolina-based McGriff, founded in 1886, adds to Marsh McLennan’s position as the biggest U.S. broker, with $22.7 billion in revenue …

Voluntary Evacuations Help Firefighters Contain New York State Forest Wildfire

A voluntary evacuation of homes over the weekend helped New York firefighters continue their progress in containing a state park wildfire near the New Jersey border. The state requested that residents in about 165 homes in Warwick, New York evacuate …

Struggling Businesses at Corner Where George Floyd Was Murdered Sue Minneapolis

MINNEAPOLIS (AP) — Several business owners at the struggling corner where George Floyd was murdered by a Minneapolis police officer in 2020 are suing the city to demand it take over their properties and compensate them. The owners of the …

Markets/Coverages: BMS Offers Comprehensive Insurance Solution for Wine Producers

BMS Group, the London-based independent specialist insurance and reinsurance broker, announced the launch of BMS Bacchus, a stock-throughput solution designed to protect wine across all stages of production, storage and transit, from harvested grapes to finished product. BMS Bacchus is …

Bullet Strikes Body of Southwest Plane Without Injuries at Dallas Airport

DALLAS (AP) — A bullet struck the body of a Southwest Airlines airplane preparing for departure from a Dallas airport, forcing the cancellation of the Friday evening flight, the airline said. No injuries were reported and law enforcement was contacted …

Two Florida Employees Charged with Defrauding Aetna of $1M

It was an inside job, one that cost an insurance company in Florida more than $1.1 million, authorities said. Investigators with Florida’s Department of Financial Services on Friday charged Rochell Green and Breana Ferguson, of the Jacksonville area, with orchestrating …

Company Settles for $250K Over Hazardous Waste Claims at California Facility

The U.S. Environmental Protection Agency announced a settlement with a firm over claims of violations of hazardous waste regulations at the company’s facility in Irvine, California. Edwards Lifesciences LLC will pay a civil penalty of $250,000 and certify it is …

Arizona Regulators Fine Natural Gas Utility $2M Over Defective Piping

A natural gas utility with more than 2 million customers in Arizona, Nevada and parts of California is being fined $2 million by regulators in Arizona over concerns about piping that is known to degrade in the heat. The Arizona …

AM Best Removes Under Review Status of Iowa’s Pharmacists Mutual

AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Pharmacists Mutual Insurance Company (PMIC) and its wholly owned reinsured subsidiary, …