Ocean Point Insurance - Providence Business News

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OCEANPOINT Insurance, a subsidiary of BankNewport holding company OceanPoint Financial Partners, was aqcuired by the Hilb Group on Dec. 1.

Hilb Group acquires OceanPoint Insurance from BankNewport parent

Economic Activity 12/28/2022

PROVIDENCE – The Hilb Group has purchased Middletown-based OceanPoint Insurance from OceanPoint Financial Partners MHC, the holding company that also owns BankNewport. The terms of...

CASH BONUS: The Washington Trust Co. said it was able to provide employees with one-time cash bonuses in January as a result of a reduction in its corporate taxes. Patricia Fernandez, left, professional flex banker at Washington Trust on Waterman Street in Providence, speaks with customer Nina Pratt of Providence.  / PBN PHOTO/MICHAEL SALERNO

Banks say tax reform allowed for increased spending on staff, infrastructure

Financial Services 09/07/2018

Many banks in Rhode Island and elsewhere have showered employees with pay raises and bonuses since President Donald Trump and fellow Republicans in Congress...

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