U.S. investors are heading into 2008 stung by a series of legal and regulatory setbacks, analysts say, with the latest the Supreme Court’s ruling in the Stoneridge case protecting businesses from securities-fraud lawsuits. Tuesday’s ruling follows a decision late last …
A Senate committee is moving quickly on a proposal to help flood- and tornado-damaged communities rebuild homes. The Ways and Means Committee voted Monday to sponsor the proposal. It would provide $12 million over three years to help communities rebuild …
A Kansas firefighter and his wife are charged with multiple felonies in an alleged insurance fraud-arson scheme. Shawnee Heights Fire District firefighter Laramie McPherson and his wife Christine McPherson are accused of trying to set fire to their 1999 Toyota …
Edward W. Scannell III has joined Blue Bell, Pa.-based PMA Insurance Group as branch vice president for Connecticut and New York. Scannell will oversee the agency distribution network in those states, where PMA said it is planning to expand its …
While flooding in California’s Central Valley is “the next big disaster waiting to happen,” water-related infrastructure issues confront almost every community across the country, according to engineers at the University of Maryland’s Clark School of Engineering in separate reports to …
A former Frederick County Sheriff’s Deputy will avoid jail time for setting fire to his girlfriend’s sport utility vehicle in alleged insurance scheme. Thirty-eight-year-old Theodore Randolph Dorsey of Knoxville, Md. was given a suspended sentence Wednesday for his conviction on …
The Hartford Financial Services Group, Inc. reported that David M. Johnson, executive vice president and chief financial officer, as well as a member of the company’s Office of the Chairman, intends to leave The Hartford. Johnson, who has served in …
The costly bad-driving fees on Virginians took a first step toward repeal in a chaotic proceeding this week, barely six months after they took effect. Lawmakers, however, stripped the bill of reimbursements for people who have already paid the surcharge …
A former United Airlines flight attendant has settled a suit claiming she was wrongfully fired after close friends and colleagues were killed on a jet hijacked during the September 11 terrorist attacks. Deborah Jackson said she felt extreme guilt, grief …
Defying White House veto threats, the Democratic-controlled House this week passed sweeping mine safety legislation aimed at preventing future underground disasters like the one that took nine lives last year at Crandall Canyon mine in Utah. Republican and mining industry …
