Barry E. Miles has joined insurance broker USI Southwest as senior vice president and Benefits Practice leader in Dallas. Throughout his career as a benefits professional Miles has focused on delivering to clients a comprehensive scope of services, including defined …
A federal judge dismissed Delta Air Lines Inc. from more than 19 pending lawsuits involving a plane crash in Kentucky that killed 49 people two years ago. U.S. District Judge Karl Forester said in a 13-page opinion that no Delta …
A federal report says the cause of the fire at a South Carolina furniture store which claimed the lives of nine Charleston firefighters remains unknown. The report released July 9 by the Bureau of Alcohol, Tobacco, Firearms and Explosives concludes …
Standard & Poor’s Ratings Services said it does not expect the 2008 Midwest floods to impact ratings or outlooks for the majority of companies that it rates. However, property/casualty writers that are geographically concentrated in the affected states, especially those …
Zurich Financial Services Group has agreed to acquire a 50 percent stake in the life insurance, pension and general insurance operations of Banco Sabadell S.A., while establishing a long-term strategic distribution partnership with the fourth largest bank in Spain. As …
Flooding from a creek caused more than $100 million in damage last month to a research and development center for the diesel engine maker Cummins Inc. But the center should return to full operations, thanks to around-the-clock repair work since …
A new study shows Ohio car thieves favor older, American-made vehicles over newer models, echoing a nationwide trend. The 1994 versions of the Dodge Caravan, Oldsmobile Cutlass and Buick Century led a list of the state’s most frequently stolen vehicles …
Shares of American International Group Inc, the world’s largest insurer, fell 8.2 percent Thursday on concerns that a rating cut at its mortgage insurance unit could signal more losses in the pipeline. “Everything is bleeding together,” said Rob Haines, an …
New York officials have closed 14 workers’ compensation self-insured trusts in the past few years and questioned the financial stability of 22 others. However, that still leaves 29 group trusts operating in the state and providing insurance to about a …
The owners of a Vancouver, Wash., excavation business must pay $356,000 to compensate for unpaid overtime wages and workers’ compensation premiums. Jerry and James Schram, brothers and business partners in Schram’s Excavating, also pleaded guilty to misdemeanors for the unpaid …
