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People Moves: MEMIC Hires Coy as CIO
The MEMIC Group, headquartered in Portland, Maine, hired Matt Coy as chief information officer (CIO), succeeding Jack Yao, who retired at the end of 2025 after more than nine years of service. Coy leads MEMIC’s technology strategy, rejoining MEMIC after …
POSTED JANUARY 28, 2026 4:05 PM |
Judge Allows Dali Manager’s Bid to Limit Liability for Baltimore Bridge Collapse
A federal judge has allowed the manager of the cargo ship Dali involved in the tragic collapse of Baltimore’s Francis Scott Key Bridge in March 2024 to proceed for now with its claims under an 1851 maritime law that limits …
POSTED JANUARY 28, 2026 4:03 PM |
Progressive Q4 Income Up 25%; CFO Sauerland to Retire in July
Fourth quarter 2025 net income at Progressive Corp. increased 25% compared to the same period a year ago to nearly $3 billion. Progressive reports results monthly. Net income for December was up 22% to about $1.15 billion. Full-year net income …
POSTED JANUARY 28, 2026 3:20 PM |
California Seafood Distributor Paying $248K for Prop 65 Violations
A California seafood is paying $248,000 to resolve allegations it sold frozen seafood products with elevated levels of lead and cadmium without the required warnings. California Attorney General Rob Bonta’s office settled with Pacific American Fish Company Inc., a seafood …
POSTED JANUARY 28, 2026 3:04 PM |
Howden-Driven Talent War Has Cost Brown & Brown $23M in Revenue, CEO Says
The Howden-driven talent war has cost Brown & Brown $23 million in revenue, according to J. Powell Brown, the broker’s president and chief executive officer. “As of today, approximately 275 of our former teammates have joined this start-up, taking with …
POSTED JANUARY 28, 2026 2:28 PM |
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