Massachusetts fire safety officials have begun a campaign to raise awareness about the dangers of home oxygen use. Fire officials say home oxygen use has been a factor in 24 fire deaths and 50 serious injuries in Massachusetts since 1997. …
The Asia Special Situation Acquisition Corp. (ASSAC) announced that it has completed its business combination by the acquisition of one insurance company together with approximately $650 million of assets from two unaffiliated investment funds. The investment corporation is also working …
The UK’s National Fraud Authority’s Annual Fraud Indicator has concluded that fraud costs the UK over £30 billion [$48 billion] a year. The finding prompted an immediate response from the Association of British Insurers (ABI). Director of General Insurance and …
An Ethiopian Airlines plane with 90 people on board crashed into the sea shortly after taking off from Beirut in bad weather early on Monday. Four bodies were recovered as a search for survivors began. The Boeing 737-800, heading for …
A politically active construction-industry group wants voters to decide whether Washington’s workers’ compensation system should face private competition, a move opposed by organized labor and top Democratic lawmakers. The Building Industry Association of Washington has filed paperwork for an initiative …
Former eBay chief executive Meg Whitman has opened up a sizable lead over state Insurance Commissioner Steve Poizner in the race for the Republican gubernatorial nomination, according to a Field Poll. The poll found 45 percent of likely GOP voters …
Insurance Inc. of Southern California has opened an office in Riverside, Calif. The new office is part of an effort to expand operations and continue growth through appointed carriers and to provide consumers and business owners in the Inland Empire …
A 63-year-old former bookkeeper at a Dalton, Georgia insurance brokerage is facing federal charges she embezzled more than $1 million from her employer. Prosecutors say Carolyn Lynn Cherry of Chatsworth forged her supervisor’s signature on company checks from 2003 to …
U.S. securities regulators originally treated the New York Federal Reserve’s bid to keep secret many of the details of the American International Group bailout like a request to protect matters of national security, according to emails obtained by Reuters. The …
In a case involving two workers’ compensation funds, the Kentucky Supreme Court has ruled that lawmakers and the governor cannot replenish the state’s general fund using monies from accounts with commingled public and private monies. However, the state can suspend …
