Mapfre, Commerce Spain’s largest insurer, Mapfre S.A., said it has completed its acquisition of The Commerce Group Inc., the 20th largest auto insurer in the country. Mapfre paid $36.70 per share of Commerce’s publicly traded stock, with a total merger …
A former New Jersey lawmaker ensnared in a federal bribery investigation has pleaded guilty to federal and state corruption charges and has resigned as mayor of Orange. Mims Hackett Jr., 67, admitted he took a $5,000 bribe to steer a …
Insurance broker Aon Corp. reported that the five government agencies to its 2005 settlement have agreed to an amendment that will permit companies it acquires to continue to accept contingent commissions on existing business for three years following their acquisition …
Lawyers for a Connecticut psychiatrist who was sued for malpractice should have revealed to her doctor co-defendant a secret settlement that hinged on the outcome of the trial, the state’s Supreme Court ruled. The case centered on the death of …
Beyond the family with two parents and 2.5 kids, there is another America: About 9 percent of U.S. of households are headed by single parents. Of these 13 million one-parent families, about 20 percent are single-father households. Close to 8 …
They May Help the Public Think About Upcoming Storms But Forecasts Have Been Largely Misused by National Media, Says One Expert Each April, weather wizard William Gray emerges from his burrow deep in the Rocky Mountains to offer his forecast …
More than eight in 10 building plans vetted by architects and engineers — instead of city inspectors — violate zoning rules, New York City reviews of the plans found. The Buildings Department recently checked 869 of the “self-certified” plans and …
Declarations “I’m bitterly disappointed in the lack of a result.” — Connecticut Prosecutor John Malone commenting on the mistrial against David Wilcox. Wilcox, a 72-year-old trucking company owner, stands accused of insurance fraud for trying to reinstate insurance on a …
A bill to punish builders that avoid worker’s compensation fees and other costs by wrongly classifying workers as independent contractors was recently amended on the Pennsylvania House floor. The legislation aims to address supposed abuses in the construction industry. “Each …
$1 Million Amount earned by participants in an alleged Philadelphia insurance fraud scheme involving former police officers, doctors, lawyers and others. Police say the scheme, which involved staging auto accidents, used six claimants per vehicle to maximize claim and settlement …
