An attorney for Zach Scruggs, who along with his once-powerful lawyer father was convicted on a charge related to a judicial bribery conspiracy, says his client was not late reporting to a halfway house in Tupelo. Cal Mayo of Oxford, …
Former employees of North Dakota’s Workforce Safety and Insurance agency have struggled to pursue claims that they were illegally fired for spotlighting questionable activities at the agency. A judge has thrown out most of the case filed by James Long, …
Workers’ compensation insurer BrickStreet Mutual Insurance Co. wants to expand into Kentucky, Virginia, Alabama, Pennsylvania and Illinois. President and Chief Executive Officer Greg Burton says the West Virginia-based company plans to apply in those states over the next couple of …
The U.S. Federal Reserve, by taking an equity stake in American International Group, is moving further into uncharted territory and may be risking potentially large investment losses and its independence. As part of the latest bailout effort of the troubled …
Maurice “Hank” Greenberg’s legacy as the man who built AIG into the world’s largest insurer was tarnished by a 2005 probe but questions about whether he created a financial monster that subsequently ran amok could cause greater damage to his …
Marsh’s London office reports that the insurance broker and risk adviser has appointed Paul O’Keefe as Global Claims Leader for its Global Energy Practice. In the newly created role he will co-ordinate all energy claims globally, while retaining his current …
Aon Global Risk Consulting has appointed Graham Heath as director of Risk Control UK. In this role, Graham will help UK corporate clients to improve their business performance through effective management of their risks. Aon said he would “support the …
The end of more than 20 years of litigation may be in sight, following a recent UK Appeals Court ruling in favor of Lloyd’s against claims of fraud from a number of individual ‘Names.’ Lloyd’s press bulletin explained: “Back in …
Marsh has launched a report highlighting the key risks companies face as the global economy slows and advice about how to tackle them. Entitled “Managing Through the Downturn,” the report highlights issues around capital management, liability and trading risks, addressing …
A new report from Willis’ London office concludes that the “global mining industry is caught in a ‘classic insurance market crunch’ as mining companies, faced with declining commodity prices and profits, have less to spend on coverage while insurers raise …
