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ESG Managers Say Wave of Probes, Scorn Heralds Better Days Ahead
ESG investment strategies are being probed for deceptive labeling, criticized for excluding firms like Tesla Inc. and questioned as to whether they actually work. All this, some sustainable fund managers said, could be a good thing. Tough scrutiny of loosely-regulated …
POSTED JULY 01, 2022 5:45 AM |
U.S. Supreme Court Limits Federal Power to Curb Carbon Emissions
Conservative justices power 6-3 ruling; liberals dissent Ruling curbs EPA ability to regulate power plant emissions Biden vows to tackle climate change despite the ruling The U.S. Supreme Court on Thursday imposed limits on the federal government’s authority to issue …
POSTED JULY 01, 2022 5:26 AM |
Governor, Florida Cat Fund Board Agree to Raise Premiums for Insurers
Florida property insurers have another cost increase to manage after the Florida Hurricane Catastrophe Fund was approved for a premium increase. The fund’s governing body, the State Board of Administration, this month gave final approval to the formula used to …
POSTED JULY 01, 2022 5:01 AM |
Gone with the Flo: Progressive Stops Writing DP-3 Policies in Florida
Eight months after it stopped renewing homeowners and rental property policies in Florida, Progressive Insurance announced it will now stop writing new dwelling-fire business in the distressed Florida market. “To ensure a long-term future in Florida, Progressive Home is temporarily …
POSTED JULY 01, 2022 5:01 AM |
Family Blames Fatal Wreck on PennDOT’s Failure to Fix Ditch
Matt Neidlinger crested the hill of a narrow, twisty state road and found a nasty surprise waiting for him at the bottom. The ditch was a couple of feet wide and spanned both lanes, and Neidlinger barely had time to …
POSTED JULY 01, 2022 5:00 AM |
No Injuries Reported in Fire at Maryland Boys’ Summer Camp
THURMONT, Md. (AP) —Crews battled a fire at an overnight summer camp in western Maryland on Wednesday morning, but no injuries were reported, officials said. Firefighters were initially dispatched around 7:30 a.m. for a report of a fire in a …
POSTED JULY 01, 2022 5:00 AM |
People Moves: CIG Promotes Foggie to Director of Field Operations; Scheiner Named Southwest Field Executive
Monterey, California-based Capital Insurance Group named Victor Foggie director of field operations. Foggie will oversee CIG’s regional field executives in addition to the home office commercial lines unit. He will oversee production in CIG’s four regions: Northwest, Southwest, Northern California, …
POSTED JULY 01, 2022 5:00 AM |
PCF Acquires MGA United Underwriters in Utah
PCF Insurance Services acquired Utah-based property/casualty managing general agent United Underwriters. United Underwriters offers agencies across the Western United States P/C MGA services and programs including homeowners, renters, dwelling, commercial, personal umbrella, earthquake and auto insurance. Lehi, Utah-based PCF is …
POSTED JUNE 30, 2022 6:08 PM |
Survey: Broad Support for Renewables, Gap in Climate Change Awareness
There is overwhelming public support across the globe for using renewable energy, according to a new survey out from the Yale Program on Climate Change Communication. The international survey was published on Wednesday. It was conducted in partnership with Data …
POSTED JUNE 30, 2022 5:29 PM |
Court Orders New Trial for Insurance Exec Convicted of Bribing NC Commissioner
It may seem a minor point to some, but it’s fundamental to the American system of justice, advocates said: It’s up to a jury – not a judge – to decide what is considered an “official act” by a state …
POSTED JUNE 30, 2022 4:58 PM |
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