Rhode Island’s leading workers’ compensation carrier is facing an audit and a probe into a whistle blower’s allegations as it pushes for legislation opposed by the Carcieri administration. Department of Business Regulation Director A. Michael Marques told The Providence Journal …
As they face pressure to do more with less, nonprofit organizations are increasingly modeling some of their fund raising, employment practices and even marketing of services after for-profit businesses. According to a recent study, this so-called “capacity building” process has …
A New York judge has granted American International Group a restraining order against its former chief executive officer, Maurice Greenberg, and his agency, Starr Technical Risk Agency, that bars Starr from placing its AIG risks with other insurers. The judge …
David Luxton awoke to the sound of shattering glass as a car smashed into his porch during the night. Less than 48 hours later, another car knocked his porch off its foundation. All told, vehicles careening out of control on …
New York is considering installing surveillance cameras in Lower Manhattan in its fight against terrorism, similar to the “ring of steel” in London. Police department experts visited London in the fall to look at its system of closed-circuit cameras posted …
Joseph Beneducci has been elected to president and chief operating officer of Fireman’s Fund Insurance Company, in Novato, Calif., according to Charles Kavitsky, chief executive officer. Beneducci was named executive vice president and chief operating officer in May 2003. Among …
The Boston-area public transit agency, the Massachusetts Bay Transit Authority, has renewed its terrorism insurance policy. The policy includes a $350,000 deductible and would cover up to $500 million in damage to MBTA property, or about 10 percent of the …
Non-franchised Auto DealersNuts & Bolts: DMI Insurance Services Inc. has expanded the range of markets it supplies to producers serving non-franchised auto dealers and automotive specialty shops. The new markets will supply liability and physical damage coverage not been readily …
Supporters of federal legislation to create a $140 billion trust fund for victims of asbestos exposure won a critical victory earlier this month when the Senate voted to bring the bill to the full Senate for debate later this session. …
While shopping for turkey last Thanksgiving, it would have been good to pause and appreciate those millions of independent small businesses that provide the goods and services this thriving nation depends upon. Today, such enterprises form the economic bedrock of …
