Updated March 3 at 5:03pm
Insurance
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FM Global on Friday reported net income in 2014 fell 6.2 percent to $956.4 million and gross premiums earned decreased 1.9 percent, which the company attributes – in part – to the strength of the U.S. dollar. more
Personal auto insurance companies increased rates by an average of 2.3 percent nationwide last year, and Rhode Island was among the top five states with the highest overall increases, according to a Perr&Knight’s RateWatch. more
Finance magazine Global Finance has named FM Global “World’s Best Supply Chain Insurance Provider” in its February issue. more
A new report reveals Rhode Island drivers charged with driving under the influence see – on average – insurance costs nearly double, which is the ninth most in the nation. more
A workforce poll found that many businesses across the country score poorly on being prepared for severe winter weather. more
In Rhode Island, car insurance premiums rise by an average of 35 percent after a single claim, which puts the Ocean State 22nd in the country for its increase, according to a new insuranceQuotes.com report. more
The Beacon Mutual Insurance Co. said Thursday that it will distribute a $2 million dividend payment among its 12,100 policyholders. more
More than 300 of the Ocean State’s business leaders joined the nine honorees at Providence Business News’ 14th annual Business Excellence Awards celebration on Wednesday, Nov.12 at the Providence Marriott. more
The 2015 unemployment insurance taxable wage base will be $21,200 for most employers in Rhode Island, according to the R.I. Department of Labor and Training. more
HealthSource RI, the state’s health benefits exchange, announced that more health insurance plans will be offered on the exchange next year, and that rate sheets are available that will allow consumers and small employers to compare plans. more
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