New Orleans Landscaper Ordered to Pay $319K in Back Wages
TheU.S. Department of Labor has recovered $319,065 in back wages for 49 workers employed by a New Orleans landscaping company that misclassified them as independent contractors and, by doing so, denied them overtime pay. The department’s Wage and Hour Division …
POSTED JANUARY 21, 2025 5:47 PM |
Tropolis Acquires 4 Agencies in Midwest
Tropolis, an insurance brokerage that provides property & casualty (P&C) and employee benefits solutions, announced it has completed the acquisitions of four Midwest insurance agencies. Terms of the private transactions were not disclosed. The four businesses are BDMH Enterprises, an …
POSTED JANUARY 21, 2025 5:44 PM |
LA Braces for Fire Risk From Bone-Dry Winds as Winter Rains Lag
Dangerous winds and drought will create extreme fire risk across Southern California Tuesday, putting more than 11 million people in the path of conditions that would allow blazes to spread quickly as the region holds out hope for rain. Seasonal …
POSTED JANUARY 21, 2025 5:41 PM |
Trump Curtails Protections Around Diversity, LGBTQ Rights
The United States will recognize only two sexes, male and female, that are unchangeable, President Donald Trump ordered on Monday as he moved to quickly end a range of policies aimed at promoting racial equity and protecting rights for LGBTQ+ …
POSTED JANUARY 21, 2025 5:22 PM |
Florida Snowman: As Ice and Snow Come to the State, DeSantis Declares Emergency
As a rare snowstorm was bearing down on northern Florida, Gov. Ron DeSantis on Monday declared a state of emergency for the region, readying the National Guard and state agencies to respond as needed. Alabama’s governor also declared a state …
POSTED JANUARY 21, 2025 4:38 PM |
Trucordia Acquires Rusty Healy Agency in Mississippi
Utah-based Trucordia, a top-20 U.S. insurance brokerage, has acquired the Rusty Healy Insurance Agency in Madison, Mississippi, the company said in a news release. Healy, founded more than 30 years ago, offers personal and commercial lines of coverage in the …
POSTED JANUARY 21, 2025 3:51 PM |
US Upgrades Probe Into Emergency Braking Issues in Certain Honda Vehicles
The U.S. National Highway Traffic Safety Administration said on Monday it is expanding and upgrading a probe into about 295,125 American Honda vehicles over reports of crashes and injuries due to their automatic emergency braking systems. According to the reports, …
POSTED JANUARY 21, 2025 2:54 PM |
FEMA Transfers $758M in US Flood Program Risk to 27 Private Reinsurers
The Federal Emergency Management Agency (FEMA) said its reinsurance renewal for the National Flood Insurance Program (NFIP) included the transfer of nearly $758 million to the private market through the use of 27 reinsurance companies – up from 18 companies …
POSTED JANUARY 21, 2025 2:30 PM |
Kaplansky Insurance Buys 3 Massachusetts Agencies
Kaplansky Insurance has acquired two central Massachusetts insurance agencies and a third in the western part of the state. The agencies acquired are Buckley Insurance and Mobilio Insurance in Worcester and Pijar Insurance in Holyoke. Buckley Insurance serves clients in …
POSTED JANUARY 21, 2025 12:25 PM |
Generali, BPCE to Form Europe’s Second-Largest Asset Manager
Assicurazioni Generali SpA and BPCE have reached a preliminary deal to combine their investment units and create Europe’s second-largest asset manager amid a deal wave in the industry. The two firms signed a non-binding memorandum of understanding for a joint …
POSTED JANUARY 21, 2025 9:49 AM |