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Biden’s Climate Accord Move Welcomed by World Leaders
New U.S. President Joe Biden wasted no time on making known his intentions regarding climate change on his first day in office, saying he was signing an executive order to undo a number of the Donald Trump’s environmental policies. Biden’s …
POSTED JANUARY 21, 2021 10:54 PM |
Cannabis Broker Spotlight: Schutz with NIF Group is a ‘Cannabis Ninja’
Editor’s note: This part of a series of profiles on cannabis brokers, in which Insurance Journal explores why and how these folks got into the business, the ups and downs of insuring cannabis, as well as a few tips for …
POSTED JANUARY 21, 2021 8:17 PM |
The Villages Insurance Partners of Florida Adds Allstate Agent Sheats
The Villages Insurance Partners of Florida has added Alexis Ball-Sheats to its team of Personal Lines Risk Consultants. Ball-Sheats will be one of three licensed risk consultants at the agency’s Mulberry Grove location specializing in home, auto, and golf car …
POSTED JANUARY 21, 2021 5:58 PM |
Banker Enns to Succeed Retiring Chubb CFO Bancroft
Chubb announced that Philip Bancroft, executive vice president of Chubb Group and chief financial officer, plans to retire from the company on July 1 after 19 years of service. Peter Enns, an investment banker who was most recently the Global …
POSTED JANUARY 21, 2021 5:57 PM |
U.S. Charges 2 Oil Workers With Allowing Gulf of Mexico Oil Spills
Two Fieldwood Energy LLC oil workers face federal criminal charges for allegedly separately allowing crude oil spills from offshore U.S. Gulf of Mexico platforms to avoid required shut downs. The two were indicted Tuesday for spills in 2015 and 2018, …
POSTED JANUARY 21, 2021 5:37 PM |
Analysis: Fight Over Mississippi Flood Control Project Continues
Farmers and environmentalists have been arguing for decades over proposals for a massive federal flood-control project in the south Mississippi Delta. The fight is continuing into a new presidential administration. Four conservation groups are suing the Environmental Protection Agency, with …
POSTED JANUARY 21, 2021 5:35 PM |
Kansas Insurance Agent to Repay $86K After Guilty Plea
A former Kansas insurance agent from Johnson County has pleaded guilty to insurance fraud charges and agreed to repay nearly $86,000 in restitution, the state’s attorney general’s office reported. Kansas Attorney General Derek Schmidt said Armond R. Peghee, 42, pleaded …
POSTED JANUARY 21, 2021 4:36 PM |
N.Y. Court Takes Contrary Position on Insurers’ Right to Recoup Defense Costs
It has long been understood that under New York law, an insurance company may recoup defense costs paid on behalf of an insured once it has been ultimately determined that there was no coverage in connection with the underlying action, …
POSTED JANUARY 21, 2021 3:52 PM |
Fire Official Says Arcing Power Lines Caused Big Nevada Brush Fire
Satellite imagery and surveillance video from a casino roof 5 miles away helped pinpoint arcing power lines in gale force winds as the cause of a November brush fire that destroyed five Reno homes and damaged two dozen others, investigators …
POSTED JANUARY 21, 2021 3:42 PM |
Deal Offers More Financial Services for California Cannabis Firms
A California cannabis industry group announced Tuesday that it reached an agreement with a state credit union that will provide checking, wire transfers and other banking services for more marijuana companies, helping ease what has been an obstacle for many …
POSTED JANUARY 21, 2021 3:39 PM |
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