Goldman Sachs Group Inc. Chief Executive Lloyd Blankfein and other bank officials have been sued by shareholders in two lawsuits related to fraud allegations brought by the federal government. In complaints filed in New York State Supreme Court in Manhattan, …
More U.S. companies, including those in the insurance industry, plan to increase their work force over the next six months, a survey showed on Monday. The National Association for Business Economics said its industry survey found that the outlook for …
Investigators say someone set two homes on fire in a North Carolina neighborhood near four previous cases of arson. WCNC-TV reported that the fires set Friday damaged two Charlotte homes that were vacant and the power to the homes had …
The Woodlands Financial Group Inc. (TWFG), a retail and managing general insurance agency, has opened a new branch location in Beaumont, Texas. Bobby Counts manages the new location. He joins TWFG with more than 20 years of sales, finance and …
Arkansas Insurance Commissioner Jay Bradford has named Lowell Nicholas, D.D.S., as special projects director for the Arkansas Insurance Department and John F. Morris as deputy commissioner/general counsel. Dr. Nicholas will advise the commissioner on a variety of topics, especially those …
The former chief executive at Louisiana’s state-run insurance company has been sentenced to 30 months in prison for improperly spending more than $29,000 of the company’s money on lavish meals, trips, sports tickets and his daughter’s prom party. Terry Lisotta, …
An insurance company is balking at paying legal costs for a suburban Philadelphia school district accused of spying on students through laptop webcams. Meanwhile, a lawyer for a student suing the Lower Merion School District said the two sides met …
A Maryland oil company has been found responsible for polluting wells in Carroll County with the toxic gasoline additive known as MTBE. A jury awarded nearly $400,000 in damages to four families who lived near a Jiffy Mart gas station …
Pennsylvania-based PMA Cos. announced plans to expand its regional hub in Connecticut, a move the insurance services and risk management firm says will help grow its presence in Connecticut, Massachusetts, Rhode Island and Vermont. The expanded New England footprint will …
The Federation of European Risk Management Associations has welcomed the adoption of the new European Union insurance block exemption regulation (BER) by the European Commission with reservations. “The entry into force of the BER ends an intense two-year period of …
