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Protective Life to Acquire P/C Specialty Insurance Carrier Obsidian
In a rare crossing of insurance lines, Alabama-based Protective Life Insurance Co. is moving to expand into property/casualty lines by acquiring Obsidian Insurance Holdings, Inc., a New York-based property, casualty and specialty insurance platform. The companies say the acquisition will …
POSTED MAY 01, 2026 3:40 PM |
Charlie Crist is Running for St. Petersburg Mayor
Former Florida governor and U.S. Rep. Charlie Crist is seeking yet another office, this time running for mayor of his hometown of St. Petersburg. Crist, 69, has been a Republican, a Democrat and an independent during his political career. He …
POSTED MAY 01, 2026 3:23 PM |
Trader Mercuria Sues Baltic Exchange Over Hormuz Freight Losses, Court Filing Shows
Commodity trader Mercuria is suing the Baltic Exchange, the world’s top provider of benchmark shipping indices, over losses it said were caused by oil tanker pricing data that did not account for the effective closure of the Strait of Hormuz, …
POSTED MAY 01, 2026 3:12 PM |
Tenn. Detective Facing Charges of Burning His Own Car, Filing False Insurance Claim
An arraignment has been rescheduled for a former sheriff’s detective in Tennessee who is charged with setting fire to his own vehicle and filing a fraudulent insurance claim. Daniel Lee Garrett, 44, who until recently was with the Scott County …
POSTED MAY 01, 2026 3:05 PM |
US House Passes Farm Bill After Scrapping Pesticide Language Opposed by MAHA
The U.S. House of Representatives on Thursday passed its version of a five-year farm bill after stripping a provision opposed by the “Make America Healthy Again” movement that would have blocked some lawsuits against pesticide makers. The House passage shows …
POSTED MAY 01, 2026 3:01 PM |
FDA Says Testing Reveals Domestic Infant Formula Supply Is Safe
The U.S. Food and Drug Administration on April 29 said tested samples of infant formula available in the country contained very low levels of contaminants, confirming that the nation’s supply is safe for consumption. The agency tested more than 300 …
POSTED MAY 01, 2026 2:25 PM |
Trucordia Acquires Paradiso Insurance of Connecticut
Trucordia reported it has acquired Paradiso Financial and Insurance Services in Stafford Springs, Connecticut. Paradiso offers auto, home, life, business and specialty lines insurance. Joining Trucordia will give Paradiso’s team and clients access to more carrier relationships, shared resources, and …
POSTED MAY 01, 2026 2:00 PM |
LA Fire Suspect Angry About No Date for New Year’s, Prosecutors Say
Prosecutors said the man they charged with starting the deadly 2025 Palisades Fire in Los Angeles was upset about a failed relationship and not having New Year’s Eve plans just before he set a small blaze which rekindled six days …
POSTED MAY 01, 2026 1:58 PM |
Manufacturing Industry Top Target of Costly Cyberattacks: Report
A review of five years’ of proprietary claims data revealed just how vulnerable manufacturers are to cyberattacks and the high cost of disruptions, according to Resilience, which found more than 90% of total incurred losses in its manufacturing portfolio were …
POSTED MAY 01, 2026 1:05 PM |
New Hampshire Ups DUI Test Refusal Penalty
New Hampshire Governor Kelly Ayotte recently signed into law an increase in the penalty for drivers who refused a breath alcohol test when stopped on suspicion of driving under the influence (DUI). Senate Bill 620 increases the administrative license suspension …
POSTED MAY 01, 2026 12:30 PM |
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