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Williams-Sonoma Must Pay Nearly $3.2M for Violating ‘Made in USA’ Order Home products retailer Williams-Sonoma will have to pay almost $3.2 million for violating a Federal Trade Commission “Made in USA” order. Williams-Sonoma was charged with advertising multiple products as being “Made in USA” when they were in fact manufactured in …
POSTED APRIL 29, 2024 3:01 PM |
Hartford Q1 Income Up 41% on Commercial Lines as Auto Results Improve The Hartford CEO Christopher Swift told analysts late last week that the insurer’s first quarter results included “progress toward restoring targeted profitability in auto” as it turned in an improved combined ratio for the quarter of 103.9 in the line …
POSTED APRIL 29, 2024 2:28 PM |
Liberty Co. Names Allen, Hayes to Leadership Positions The Liberty Co., a rapidly expanding insurance brokerage based in Gainesville, Florida, has named two insurance industry veterans to executive positions. Bill Allen, who was previously executive vice president at Hays Companies, now part of the large Brown & Brown …
POSTED APRIL 29, 2024 2:14 PM |
Parts of US Gulf Coast Face Possible Tornadoes: Weather Watch States across the US Gulf Coast are bracing for possible tornadoes as certain parts of the region face a marginal risk of severe thunderstorms, according to the US Storm Prediction Center. Severe thunderstorm warnings and watches have been posted for …
POSTED APRIL 29, 2024 1:58 PM |
Manager Who Operated Crane Pleads Guilty to Manslaughter in Quarry Worker’s Death An upstate New York court last week accepted a mine manager’s guilty plea to manslaughter in the second degree over the death of a worker in 2022. According to prosecutors, Anthony Valente, a mine manager at a Grafton limestone quarry, …
POSTED APRIL 29, 2024 1:57 PM |
Supreme Court Won’t Hear Elon Musk Dispute Over SEC Settlement The U.S. Supreme Court declined on Monday to hear Elon Musk’s bid to throw out part of a securities fraud settlement with the Securities and Exchange Commission restricting the billionaire businessman’s public statements about his electric car company Tesla. The …
POSTED APRIL 29, 2024 1:42 PM |
Freight Train Derailment, Fire Forced Interstate 40 Closure Near Arizona-New Mexico Line A freight train carrying fuel derailed and caught fire Friday near the Arizona-New Mexico state line, forcing the closure of an interstate highway that serves as a key trucking route. Initial passersby posted video and photos on social media of …
POSTED APRIL 29, 2024 1:36 PM |
Philadelphia’s Republic First Bank Closed by Regulators, Sold to Fulton Bank Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New York. The Federal Deposit Insurance Corp. said Friday it had seized the Philadelphia-based bank, which did business as Republic Bank and had roughly $6 …
POSTED APRIL 29, 2024 1:32 PM |
Burglars Targeting South Asians Stole $4 Million in Jewels Over Six Years A burglary ring that allegedly stole more than $4 million worth of jewelry mostly from the homes of South Asians in over two dozen communities has been broken up, the Massachusetts State Police said. Four people, including two brothers, were …
POSTED APRIL 29, 2024 1:28 PM |
UK Motor Premiums Start to Stabilize but Costs to Insurers Mount: ABI Motor premiums increased by just 1% in the first quarter of 2024, indicating an easing of the price rises seen in 2023 when premiums rose by 25% from 2022, according to the Association of British Insurers. However, insurers continue to …
POSTED APRIL 29, 2024 1:26 PM |
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