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Finance

PNC pledges $1B to help ‘end systemic racism’

PNC Financial Services Group announced last week it would commit more than $1 billion to support internal and external social reforms for the cause of ending systemic racism and supporting economic empowerment of African Americans. The contribution builds on ongoing social justice initiatives by PNC Bank, with a strong presence in the midstate and Lehigh ...

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Florida insurer plans expansion into Pennsylvania market

Property and casualty insurer FCCI Insurance Group this week said it will begin writing commercial insurance for Pennsylvania businesses on Sept. 1, as the company expands services in the mid-Atlantic with regional headquarters in Richmond, Virginia. Officials from the Sarasota, Florida-based insurance carrier said its expansion into the commonwealth demonstrates FCCI’s ongoing efforts to leverage ...

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