Financial Services

Study: R.I. ranks No. 42 in U.S. for ‘financial literacy’

PROVIDENCE – Financial services website WalletHub recently ranked Rhode Island No. 42 among the 50 states and the District of Columbia for financial literacy.Rhode...
OCEANPOINT INSURANCE has acquired Paquin Insurance Agency.

OceanPoint Insurance acquires Paquin Insurance Agency

MIDDLETOWN – OceanPoint Insurance, a subsidiary of BankNewport and OceanPoint Financial Partners, has acquired Paquin Insurance Agency, the companies announced this week.Paquin Insurance Agency,...
HORSE ENTHUSIAST: Kaitlyn Naughton, an equine insurance specialist at Naughton Insurance in East Providence, visits her horse, Baron, at Stony Creek Farm in Swansea. She said most equine insurance policyholders are middle-class people who are horse enthusiasts and recreational riders.
 / PBN PHOTO/
KATE WHITNEY LUCEY

Equine insurance market growing in coverages, complexity

About the only time most people hear about equine insurance, or insurance for horses, is when something strange ­happens.Such was the case recently when...

Don’t stress about next recession

With recession anxieties climbing, people are increasingly worried about the Federal Reserve’s capacity to respond. I take issue with the premise: I don’t expect...
SHOWING UP: Rhode Island Black Business Association President Lisa Ranglin meets with members at the office. From left: Retired R.I. State Police Lt. John P. A’Vant; Ranglin; Clarence R. Sneed Jr., CEO of S&S Trucking; and Donna M. Sams, Community College of Rhode Island campus coordinator, Providence and Lincoln.
 / PBN PHOTO/MICHAEL SALERNO

Banker battles disparity in wages, opportunity

For Lisa Ranglin – risk and compliance manager for Providence-based Citizens Bank – it’s been a busy professional track.Her executive experience includes more than...
CITIZENS BANK reported net income of $439 million in the first quarter, an increase of 13.1% over the same 2018 period. / BLOOMBERG NEWS FILE PHOTO/SCOTT EISEN

Survey: Millennials have different ideas for home equity

PROVIDENCE – Millennials are more creative than older homeowners when it comes to putting home equity lines of credit to use, according to a...

Five Questions With: Alan H. Litwin

In his position at Providence-based Kahn, Litwin, Renza & Co. Ltd., Alan H. Litwin helps lead the largest accounting firm based in Rhode Island. He...

Better Markets applauds Supreme Court decision on liability of fraud

PROVIDENCE – Better Markets, a nonprofit advocating for the public’s interests in financial markets, applauded a new U.S. Supreme Court decision in the case...

Westerly Community Credit Union reports 23% uptick in net income in...

WESTERLY – Net income last year increased 23 percent to $2.1 million at Westerly Community Credit Union over the previous year, the credit union...

FM Global invests $250K in Mass. startup AirWorks Solutions

JOHNSTON – FM Global, one of the world’s largest commercial property insurers, has invested $250,000 in AirWorks Solutions, a Boston-based startup developing aerial-mapping software...
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