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Trucordia Expands on East Coast With Acquisition of Virginia’s Huffman Insurance

Utah-based insurance brokerage Trucordia has acquired Huffman Insurance, a personal and commercial lines insurance agency with offices across Virginia, including locations in Lexington, Staunton, and Covington. Founded by Bolivar and Hazel Huffman in 1968, Huffman Insurance is now run by …

Colorado Committee Kills Insurance Bill to Control Costs Through 1% Charge

A Colorado bill to impose a 1% charge on homeowners insurance policies died in a committee in state Legislature this week. The Senate Finance Committee voted 6-2 to kill House Bill 1302, which was pushed by Gov. Jared Polis and …

NTSB Says a Utility Wasn’t Marked Before a Deadly Natural Gas Explosion in Missouri

A deadly explosion that leveled one Missouri home and damaged two others happened after a subcontractor drilled into an unmarked underground gas main while installing fiber optic cable, the National Transportation Safety Board announced Monday. One person was killed and …

Midwest Carbon Dioxide Pipeline Could Face More Hurdles

A proposed carbon-capture pipeline that would traverse through several Midwestern states could face more hurdles in Iowa as a dozen Republican state senators try to force the issue to a vote. Summit Carbon Solutions already will likely have to readjust …

American Airlines Sues Chicago Over O’Hare Gates for United

American Airlines Group Inc. sued the city of Chicago in a fight with rival United Airlines Holding Inc. over valuable gate space at O’Hare International Airport. The airport is a hub for both airlines, making it the only dual-hub airport …

Texas Bill Would Put Restraints on Businesses Wanting to Tap Into Energy Grid

exas will need a lot more energy in the future. Driven largely by demand from businesses such as data centers and the oil and gas industry, the Electric Reliability Council of Texas, the state’s grid operator, predicts the state’s energy …

Britain to Face More Cyberattacks as AI Adoption Grows, Minister Says

The growth of AI will increase the number and sophistication of cyberattacks on Britain, senior minister Pat McFadden said on Wednesday. British companies, public bodies and institutions have been hit by a wave of cyberattacks in the past few years, …

South Carolina Lawmakers Reach Agreement on Liquor Liability Relief Bill

With just two days left in South Carolina’s 2025 legislative session, House and Senate negotiators appear to have reached a compromise on a plan to ease liquor liability costs for struggling bars and restaurants. House Bill 3430 does not provide …

Nearly Quarter of People on Long-Acting Opioids Develop Addiction

More than one in five people prescribed extended-release painkillers such as OxyContin developed an addiction within a year, according to a newly released study mandated by the US Food and Drug Administration. The study, repeatedly delayed by more than a …

Apollo-Backed Aspen Insurance Guides IPO Price at Midpoint

Aspen Insurance Holdings Ltd. is telling prospective investors it expects to price its initial public offering at $30 per share, the midpoint of its price range, according to people familiar with the matter. The Bermuda-based reinsurer’s IPO, consisting of 11 …

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