The U.S. recession and credit crisis have stalled a financing program created to help Louisiana recover from 2005’s devastating hurricanes, the southern state’s secretary for economic development told Reuters. To urge companies in Louisiana, Alabama and Mississippi to rebuild after …
Maurice “Hank” Greenberg, former chief executive of American International Group Inc., has gone to court to prevent New York’s attorney general from releasing testimony Greenberg gave in a state lawsuit accusing him of fraud, according to court documents. Greenberg’s efforts …
American International Group, the insurer rescued from collapse by the government in September, is in discussions with Washington about a federal backstop for some of its assets, The Wall Street Journal reported Saturday. AIG is also considering selling units through …
The Alabama Supreme Court has ordered a new trial in a case where a jury ordered Mobile Gas Service Corp. to pay $3.9 million to the family of an elderly woman who died as a result of carbon monoxide poisoning. …
EPIC (Edgewood Partners Insurance Center) has entered into an agreement to acquire substantially all the assets of VRT Insurance Services Inc. The transaction is expected to close in early February, 2009. VRT Insurance Services Inc. is owned by David Alvarado, …
Illinois Secretary of State Jesse White is crediting Illinois’ tougher teen driving laws for a drop in the number of teens who died in car wrecks. According to White, the number teen driving fatalities totaled 92 last year, down from …
To mark the start of its 20th year of publishing, Agency Ideas (www.agencyideas.com), an industry sales and marketing newsletter, has redesigned its Web site. The newly revamped Web site enhances usability for visitors and newsletter subscribers, said Alan Shuman, publisher …
