January 9, 2008
Environmental groups have sued Shell Oil Co. and several of its affiliates, claiming the oil giant has for years released pollutants from its suburban Houston refinery that are well above state and federal limits. In their federal lawsuit, the Sierra …
January 9, 2008
Arkansas Insurance Commissioner Julie Benafield Bowman announced that Arkansas will receive part of the $72 million in funds and assets of Martin Frankel, who was sent to prison for insurance fraud committed in Arkansas and four other states. The Internal …
January 9, 2008
Charlotte, N.C.-based LMC Capital LLC, named Patrick Vaughn as managing director. He will lead LMC’s M&A practice for insurance technology and services companies. Previously, Vaughn was a managing director at Triarch Partners, a Charlotte, N.C., boutique investment bank, where he …
January 9, 2008
Another Mexican candy is being recalled by a San Antonio, Texas, importer due to elevated levels of lead that could cause health problems. The Texas Department of State Health Services says Villa-Mex Imports is voluntarily recalling a third candy imported …
January 9, 2008
St. Louis, Mo.-based Keystone Mutual Insurance Co. recently announced that it is accepting applications from Missouri physicians for professional liability insurance upon being awarded a license Dec. 31 by the Missouri Department of Insurance, Financial Institutions & Professional Registration. “We’re …
January 9, 2008
The former chairman and CEO of the world’s largest insurer initiated a deal that led to five ex-executives being charged in a scheme to manipulate the company’s financial statements, a federal prosecutor said Monday during opening arguments at their trial …
January 9, 2008
Dayton, Ohio-based Norman-Spencer Agency, Inc. recently announced the appointment of J. Patrick Malone to the position of chief financial officer. In his new position Malone will oversee Norman-Spencer’s financial operations, as well as lead, direct and manage the corporate Accounting …
January 9, 2008
Tonya Conley is one of just 15 people in West Virginia with a driver’s license despite having vision below minimum legal standards. But if a bill recommended by an interim legislative committee passes this year, she could be joined by …
January 9, 2008
Allstate Insurance Co. has agreed to pay $995,000 to a Brooklyn couple who claimed their house was badly damaged by vibrations caused by an Air France Concorde jet nearly five years ago. The couple, John and Annette Ferranti, initially won …
January 9, 2008
Massachusetts is facing a daunting goal as it enters the second year of its grand experiment of extending health care coverage to nearly all citizens — reining in spiraling costs that could threaten the landmark law. “The sustainability of reform …