Hartford is trying to recapture its status as the nation’s insurance capital by drawing in a specialized insurance business that is finding a home elsewhere. Since the 18th century, Hartford — home to Aetna Inc., Cigna, The Hartford, Travelers Cos. …
Preferred Concepts LLC, a national insurance program administrator and specialty broker, appointed Jay Sheehan as senior vice president of Preferred Advantage, the firm’s specialty brokerage division. Sheehan will be based in Preferred’s Hartford, Conn., office where he will direct national …
A judge last week granted California and four other states more time to consider objecting to a class-action settlement between Honda Motor Co. and car owners over inflated fuel-efficiency claims about the automaker’s hybrid vehicles. The states’ sudden interest in …
A Miami-Dade jury has awarded $3.3 million to a man who was trying to cash a check but was then detained after a Bank of America teller activated a silent alarm. According to the Miami Herald, the jury ruled Friday …
Jane Taylor was managing a women’s clothing store in downtown Christchurch a year ago when the earthquake struck. She was dug from the rubble within minutes with horrific injuries — her vertebrae were crushed, her skull was fractured and her …
Federal regulators last week allowed North Carolina insurers a one-year delay in meeting a benchmark requiring that more of each health insurance premium dollar to go toward medical services and less toward overhead and bonuses. The decision by the U.S. …
State lawmakers have gambled with their constituents’ money for years when it comes to dealing with Florida’s property insurance issues. But now, many top industry analysts suggest, the odds may be turning against them after six years without a hurricane …
Mitsui & Co. Ltd.’s MOEX Offshore agreed with the U.S. Justice Department to pay at least $90 million to settle some of its liability in the Deepwater Horizon oil spill, the first government settlement involving the BP Plc Macondo well. …
The Obama administration wants automakers to put limits on vehicle technologies that permit texting and cellphone calling when a car is moving, as part of a broader effort to stop driving behaviors that could be distracting and cause crashes. U.S. …
When Walter Henry Alderfer learned last month about the Costa Concordia shipwreck off Italy, it brought back bad memories. In April 2007, he, his wife and his daughter were aboard the Sea Diamond cruise ship when it struck a reef …
