Hundreds of drivers who had their licenses suspended without being told why can keep driving until they get a hearing to resolve the issue, the Rhode Island Division of Motor Vehicles said. The American Civil Liberties Union sued the DMV …
North Carolina Insurance Commissioner Wayne Goodwin announced the arrest of Vickie Bowman of Taylorsville on seven counts embezzlement. According to the arrest warrants, Bowman failed to remit a total of $7,958.01 in customers’ insurance premiums into the North Carolina Farm …
A construction-crane company admitted Tuesday that it paid off a top city inspector to shortcut safety inspections and licensing exams in a case that helped heighten scrutiny of the towering machines that help build a city of high-rises. Nu-Way Crane …
A federal safety law has led some North Carolina counties to close their public pools and could keep hundreds more from opening this summer. The News & Observer of Raleigh reported that state officials are enforcing the Virginia Graeme Baker …
Three Wall Street banks suffered a legal setback when a federal appeals court in New York put on hold a ban on financial news service Theflyonthewall.com Inc. from quickly reporting “hot news” about their analysts’ research. The ruling by the …
A BP Plc shareholder in Alaska Thursday sued the corporation’s chairman and board members, alleging the officials’ mismanagement led to the disastrous Deepwater Horizon rig explosion and spill and have devalued BP stock. The lawsuit, filed in Alaska Superior Court …
Joe Plumeri, Chairman and CEO of Willis Group Holdings, “told an audience of insurance executives that the new UK Government must address the struggling economy to spur growth in the British insurance industry, while calling on the EU to resolve …
Agreeing on a $1 trillion safety net may prove the easy part of saving the euro now the European Union’s leaders are turning to the divisive issue of tightening economic policy coordination. The European Commission wants to reinforce economic surveillance …
Munich Re has obtained cover for US hurricane and European windstorm risks amounting to US$ 80 million from special-purpose vehicle EOS Wind Ltd, which placed a catastrophe bond in the market. “MEAG, Munich Re’s asset management company, came up with …
General Star Management Company has launched a new miscellaneous professional liability (MPL) program available in all states. The program is offered through V3 Insurance Partners LLC, General Star’s exclusive program administrator for this new national facility. The Vantage360 MPL program …
