Mobile Chamber honors minority businesses; 2 banks with similar names in lawsuit; Protective acquires Obsidian

Mobile Chamber honors minority businesses

The Mobile Chamber honored minority businesses at its annual Eagle Awards luncheon last week. Honorees included B.E. Brown and Company Mortuary, Easy Heating and Cooling, and the University of South Alabama’s Melton Center for Entrepreneurship and Innovation. — Fox 10

2 banks with similar names in lawsuit

Jasper-based Pinnacle Bancshares has filed a lawsuit against Pinnacle Financial Partners, a Tennessee bank that recently merged with Synovus Bank. The lawsuit says the Tennessee company has caused confusion by operating as “Pinnacle.” — AL.com

Protective acquires Obsidian

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Birmingham-based Protective Life Corp. has acquired Obsidian Insurance Holdings, based in New York. Protective is a subsidiary of Daiichi Life Group Inc. — Business Wire