March 12, 2024
(Bloomberg) — Georgia Governor Brian Kemp has appointed himself the figurehead of Rivian Automotive Inc.’s massive $5 billion development outside of Atlanta. In 2023, the first day of March was dubbed “Rivian Day.” Just a year later, the second-biggest economic …
March 12, 2024
Amynta Group, the New York-based insurance services provider, announced the completion of the previously announced acquisition of Sutton Special Risk Inc., a managing general underwriter (MGU) of specialty insurance and reinsurance products in Toronto, Canada. Financial details of the deal, …
March 12, 2024
AM Best delivered 39 downward credit rating actions to U.S. personal lines insurers in 2023, more than twice the number registered for 2022, the rating agency reported in it official tally for the year. Additional downgrades of 15 commercial insurers …
March 12, 2024
CHARLESTON, S.C. (AP) — A record-setting rainstorm flooded parts of Charleston, South Carolina, on Saturday, requiring emergency responders to help some people get out of high waters. The National Weather Service in Charleston reported that 3.63 inches (9.22 centimeters) of …
March 12, 2024
FORT LAUDERDALE, Fla. (AP) — Federal investigators determining why a Florida condominium tower partially collapsed three years ago, killing 98 people, said Thursday there were many faulty support columns in the tenant garage that ran below it and the adjoining …
March 12, 2024
A small private jet crashed in woods and burned Sunday afternoon near a small airport in rural Virginia, killing all five people aboard, police said. The twin-engine IAI Astra 1125 went down amid trees along an airport road in Hot …
March 12, 2024
U.S. auto-safety regulators on Monday launched a preliminary probe into emergency braking issues in certain Honda vehicles following complaints of crashes and fires. The problem affects the 2019-2022 models of the Honda Insight, a hybrid electric car, and the Honda …
March 12, 2024
Two Colorado Farmers must pay more than $6.5 Million for defrauding federal crop insurance programs, according to U.S. Attorney Cole Finegan. Finegan’s office announced that Patrick Esch and Ed Dean Jagers of Springfield, Colorado, agreed to pay the sum to …
March 12, 2024
The Aug. 29, 2023, death of a forklift operator at Boston’s Logan International Airport may have been prevented if his employer had ensured proper safeguards for operating and maintaining forklifts, an Occupational Safety and Health Administration inspection has found. The …
March 12, 2024
Hub International Ltd. acquired the assets of Bolds Risk & Insurance Services in Larkspur, California. Ron Bolds, president of Bolds Risk, and the Bolds Risk team will join Hub Central and Northern California in the Larkspur office. Bolds Risk is …