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Insurance News

Insurance Salesman Sentenced for Stealing Man’s Inheritance in New Jersey

Fri, 20 Jul 2018 13:10:43 +0000

An insurance salesman convicted of stealing a client’s inheritance is now headed to prison. Federal prosecutors say Patrick McCullagh received a three-year sentence Wednesday. The 70-year-old Georgetown, Kentucky, man must also pay $98,067 in restitution. Prosecutors say McCullagh defrauded the …

12 Sickened By Carbon Monoxide at Maryland Work Site

Fri, 20 Jul 2018 13:05:36 +0000

Officials in Maryland say 12 construction workers were taken to a hospital after they were sickened by carbon monoxide at a work site. Anne Arundel County Fire Department officials say firefighters were called to the Navy Federal Credit Union in …

Core Assurance Partners Acquires Virginia’s E.L. Creech & Co.

Fri, 20 Jul 2018 13:00:14 +0000

Core Assurance Partners, a financial services company headquartered in Hampton Roads, Va., has acquired E. L. Creech & Co. Inc., a fourth-generation, family-owned property and casualty firm based in Virginia Beach, Va., where it will maintain its offices. Terms of …

New York’s Global Warming Suit Against Oil Companies Tossed

Fri, 20 Jul 2018 12:50:33 +0000

A U.S. judge threw out New York’s lawsuit seeking to hold five of the world’s biggest oil companies financially responsible for contributing to climate change. U.S. District Judge John Keenan dismissed the city’s claims against Exxon Mobil Corp., Chevron Corp., …

Thieves Steal $10 Million of Cobalt from Vollers Group Rotterdam Warehouse

Fri, 20 Jul 2018 11:59:07 +0000

It’s not just hedge funds that have noticed the cobalt boom — thieves have too. About 112 metric tons of cobalt was stolen from a warehouse in Rotterdam run by Vollers Group Gmbh earlier this month, according to a statement …

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