Washington, D.C.

Pan-American Life Insurance Group Appoints Lisa Baudot as Chief Investment Officer

Retrieved on: 
Thursday, August 18, 2022
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Pan-American Life Insurance Group (PALIG) a leading provider of life, accident and health insurance throughout the Americas, announced today the promotion of Lisa Baudot to Chief Investment Officer (CIO).

Key Points: 
  • Pan-American Life Insurance Group (PALIG) a leading provider of life, accident and health insurance throughout the Americas, announced today the promotion of Lisa Baudot to Chief Investment Officer (CIO).
  • As CIO, Ms. Baudot will be responsible for PALIGs overall investment strategy and oversee the groups investment portfolio.
  • Prior to her appointment as CIO, Ms. Baudot most recently served as Senior Vice President, Investment at PALIG, where she oversaw the Groups Investment and Investment Analytics team.
  • Pan-American Life Insurance Group (PALIG), a leading provider of life, accident and health insurance throughout the Americas that has been delivering trusted financial services since 1911.

DCPSC approves 15-year renewable energy power purchase agreement for a portion of the District’s default electric service

Retrieved on: 
Wednesday, August 3, 2022
Climate change, Commission, Public Service Commission, New York Public Service Commission, Compliance, Solar energy, PJM Interconnection, Essive-formal case, SOS, WFRS, Congestion, Program, Wind, PPA, Electricity, GLOBE, Professional, Washington, D.C., Risk, Pepco, PJM, Sale, Invenergy, Renewable energy, Public utility, District

This agreement results from the Commissions directive to implement a pilot program to procure renewable energy through long-term power purchase agreements for electricity generated by new solar or wind power facilities located within the PJM Interconnection (PJM) region.

Key Points: 
  • This agreement results from the Commissions directive to implement a pilot program to procure renewable energy through long-term power purchase agreements for electricity generated by new solar or wind power facilities located within the PJM Interconnection (PJM) region.
  • Approving a 15-year agreement for renewable energy for SOS customers is a significant milestone for the Commission, stated Emile C. Thompson, Commission Chairman.
  • The SOS program allows District electric customers to buy default electric power generation services through Pepco rather than from about 45 other competitive, unregulated electricity suppliers.
  • About 86% of residential customers buy Pepco-supplied default SOS power, constituting about 78% of total residential electric utility sales in the District.

REID COLLINS DEFEATS SUMMARY JUDGMENT MOTION IN LOUISIANA FEDERAL COURT, MOVING PRO BONO DISCRIMINATORY POLICING CIVIL RIGHTS LAWSUIT CLOSER TO TRIAL

Retrieved on: 
Thursday, July 28, 2022
Parent, Motion, Arrest, Bankruptcy, Court, Immunity, Police, Partnership, Sheriff, Family, Trustee, First Amendment to the United States Constitution, Washington, D.C., Lawyer, NEW, District court, ACLU, Douglas v. U.S. District Court ex rel Talk America, Perkins, Hon, Child, Online gambling, Telescopic sight

National trial firm Reid Collins & Tsai LLP handling pro bono prosecution of civil rights lawsuit alongside ACLU of Louisiana.

Key Points: 
  • National trial firm Reid Collins & Tsai LLP handling pro bono prosecution of civil rights lawsuit alongside ACLU of Louisiana.
  • Plaintiff defeats Defendants' motion for summary judgment, taking case closer to trial.
  • Reid Collins is representing Ms. Perkins pro bono in partnership with the ACLU of Louisiana's "Justice Lab" initiative.
  • Reid Collins & Tsai LLP obtained key ruling pro bono in civil rights lawsuit for discriminatory policing in Louisiana.

DCPSC encourages D.C. utilities to pursue federal funding for infrastructure projects

Retrieved on: 
Friday, July 8, 2022
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1172 ) to identify available funding sources for Pepco and the Washington Gas Light Company (WGL) under the Infrastructure Investment and Jobs Act of 2021 (Bipartisan Infrastructure Law).

Key Points: 
  • 1172 ) to identify available funding sources for Pepco and the Washington Gas Light Company (WGL) under the Infrastructure Investment and Jobs Act of 2021 (Bipartisan Infrastructure Law).
  • The Bipartisan Infrastructure Law is essential to enhancing the reliability and resilience of the Districts electric and natural gas distribution system.
  • The federal funding will help minimize the burden on ratepayers as the District utilities pursue federal grant funds for infrastructure projects, stated Commission Chairman Emile C. Thompson.
  • To ensure transparency as Pepco and WGL pursue federal grant funds provided by the Bipartisan Infrastructure Law, the Commission has directed Pepco and WGL to file monthly reports with the Commission beginning August 31, 2022, on applications submitted for Bipartisan Infrastructure Law funds and establish a Bipartisan Infrastructure Law Regulatory Asset to track Bipartisan Infrastructure Law-related costs.

Tai Ji Men’s Bell of World Peace and Love Rung by IRF Summit 2022 Co-Chairs

Retrieved on: 
Wednesday, June 29, 2022
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WASHINGTON, D.C., June 28, 2022 (GLOBE NEWSWIRE) -- The Tai Ji Men Cultural Goodwill Group and the Federation of World Peace and Love (FOWPAL) have visited 101 countries to promote conscience, love, and peace.

Key Points: 
  • WASHINGTON, D.C., June 28, 2022 (GLOBE NEWSWIRE) -- The Tai Ji Men Cultural Goodwill Group and the Federation of World Peace and Love (FOWPAL) have visited 101 countries to promote conscience, love, and peace.
  • Former U.S. Ambassador-at-Large for International Religious Freedom Sam Brownback rang the Bell and stated, I pray for peace that surpasses understanding for everyone!
  • The Bell of World Peace and Love was recently rung at the 25th Eurasian Economic Summit in Turkey to promote global sustainability.
  • Tai Ji Men Qigong Academy : Tai Ji Men is an ancient menpai (similar to school) of qigong, martial arts, and self-cultivation.

EagleBank Provides Financing for Affordable Housing in Columbia Heights Neighborhood of Washington, DC

Retrieved on: 
Tuesday, June 14, 2022
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BETHESDA, Md., June 14, 2022 (GLOBE NEWSWIRE) -- EagleBank, one of the largest community banks in the Washington, D.C. area, today announced it provided $25MM for the refinancing and pre-development costs of a more than 125-unit affordable housing property in the Columbia Heights Neighborhood of Washington, DC.

Key Points: 
  • BETHESDA, Md., June 14, 2022 (GLOBE NEWSWIRE) -- EagleBank, one of the largest community banks in the Washington, D.C. area, today announced it provided $25MM for the refinancing and pre-development costs of a more than 125-unit affordable housing property in the Columbia Heights Neighborhood of Washington, DC.
  • The project is sponsored by Somerset Development Company, LLC of Washington, DC and Jonathan Rose Companies of New York, NY.
  • EagleBanks lending team remains committed to supporting our community by providing financing for affordable housing in the D.C. area, said Ryan Riel, Chief Real Estate Lending Officer at EagleBank.
  • This financing will allow our partners to re-position the site and provide roughly 1.56x more affordable units for DC.

New York Court Approves $300 Million Settlement Benefitting Minority Shareholders in Renren Derivative Litigation Announces Reid Collins

Retrieved on: 
Thursday, June 9, 2022
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Derivative Litigation (NYSE:RENN), one of the largest cash settlements of a derivative action in history.

Key Points: 
  • Derivative Litigation (NYSE:RENN), one of the largest cash settlements of a derivative action in history.
  • Litigation powerhouse Reid Collins & Tsai LLP, Lead Counsel for the derivative plaintiffs, originally announced the terms of the settlement in October 2021.
  • Reid Collins Founding Partner William T. Reid, IV on the resolution of the Renren litigation: "This is an extraordinary result by any measure.
  • Obtaining jurisdiction over these foreign defendants was no small task, but obtaining derivative standing was an even greater achievement.

Zurena to Launch #UpliftingSpirits Campaign at Washington, D.C.'s Historic Deanwood Day Celebration

Retrieved on: 
Thursday, May 19, 2022
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SILVER SPRING, Md., May 19, 2022 /PRNewswire/ -- Today Zurena, the simple and versatile Caribbean mixer brand, announces the launch of its latest community wellness campaign, #UpliftingSpirits. Zurena will kick off the first leg of their campaign at Washington D.C.'s historic Deanwood Day celebration, which is taking place for the first time since 2018.

Key Points: 
  • Zurena will kick off the first leg of their campaign at Washington D.C.'s historic Deanwood Day celebration, which is taking place for the first time since 2018.
  • Zurena will feature a Build-Your-Own-Mocktail station and offer samples of its signature non-alcoholic spritzer known as the "Club Soda Dance".
  • As a resident of the DMV area, Nigel chose Deanwood Day to launch #UpliftingSpirits because the neighborhood embodies the power of family and community, the foundational elements behind the campaign.
  • To learn more about Deanwood Day, visit the Deanwood Citizens Association website .

DCPSC Announces Issuance of RFP for Community Heat Pump Pilot Project

Retrieved on: 
Tuesday, May 17, 2022
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PSC-22-06, to support the development of a large community heat pump system to replace existing fossil fuel space conditioning systems.

Key Points: 
  • PSC-22-06, to support the development of a large community heat pump system to replace existing fossil fuel space conditioning systems.
  • This Community Heat Pump Pilot Project , will support the Districts energy delivery system modernization efforts and advance the Districts clean energy goals.
  • The project requires the design and construction of a large community heat pump system capable of serving multiple buildings.
  • The RFP was developed between Commission Staff and the Pilot Projects Governance Board , which was established to develop and recommend innovative pilot projects funded under the MEDSIS Pilot Project Fund Subaccount from the Pepco Holdings, Inc.-Exelon Merger.

Pan-American Life Insurance Group Implements Box to Power Cloud Content Management

Retrieved on: 
Tuesday, May 10, 2022
Professional Services, Security, Technology, Insurance, Software, Finance, Internet, Cloud, Insurance, NYSE, CA, Washington, D.C., CIO, Organization, JLL, Morgan Stanley, Industry, District, Workforce, Facebook, Group, LinkedIn, Pan American Life Center, Life, AstraZeneca, CEO, Health insurance, Box

Box, Inc. (NYSE: BOX), the leading Content Cloud, today announced that Pan-American Life Insurance Group (PALIG), a leading provider of life, accident and health insurance throughout the Americas, deployed Boxs Content Cloud across its organization while seamlessly integrating with its best-of-breed cloud applications.

Key Points: 
  • Box, Inc. (NYSE: BOX), the leading Content Cloud, today announced that Pan-American Life Insurance Group (PALIG), a leading provider of life, accident and health insurance throughout the Americas, deployed Boxs Content Cloud across its organization while seamlessly integrating with its best-of-breed cloud applications.
  • With todays announcement, PALIG joins leading global organizations that have adopted Boxs Content Cloud to power new ways of working.
  • Pan-American Life Insurance Group (PALIG), a leading provider of life, accident and health insurance throughout the Americas that has been delivering trusted financial services since 1911.
  • For more information, visit the Pan-American Life website at palig.com , like us on Facebook @PanAmericanLife , follow us on Twitter @PanAmericanLife , and connect with us on LinkedIn at Pan-American Life Insurance Group .