New Hampshire Democratic gubernatorial candidate Maggie Hassan said Tuesday that a GOP proposal to form a compact to assume control over Medicare and Medicaid within New Hampshire’s boundaries is a risky proposition that is wrong for the state. “Seniors pay …
Harleysville Mutual Insurance Company said Wednesday that its policyholders as well as shareholders at its publicly traded subsidiary Harleysville Group Inc. voted to approve the proposed merger with Nationwide Mutual Insurance Company. The proposed merger, first announced in September 2011, …
A former Toms River schools superintendent who admitted taking more than $1 million in bribes in a kickback scheme has dropped a lawsuit against the school district. Michael Ritacco claimed in a lawsuit filed last fall that the Toms River …
The former head of Wal-Mart’s Mexico operations is stepping down from his current board positions at MetLife, effective immediately. The insurance giant announced Tuesday afternoon that Eduardo Castro-Wright had resigned “due to personal reasons.” Castro-Wright was leading Wal-Mart de Mexico …
Woodland Hills, Calif-based Leavitt Group named Mark Russ senior executive vice president and managing co-owner of the Leavitt Group’s Los Angeles office. Russ has been in the insurance industry for more than 30 years with experience in both sales and …
A shareholder sued the board and several officers of Wal-Mart Stores Inc. on Wednesday over allegations that the company’s Mexican affiliate paid bribes to local officials. The lawsuit seeks to recover damage to the company’s reputation as well as costs …
J. Powell Brown, president and CEO, and a director of Brown & Brown Inc. has returned from a temporary leave of absence for health reasons, the company has told the Securities and Exchange Commission. J. Powell Brown’s leave of absence …
Dallas-based MarketScout, the national electronic insurance exchange and specialty MGA, announced that Jason Dalton has joined the firm as an energy production underwriter. Dalton has over 15 years of experience in both the admitted and non-admitted marketplace. For three years, …
Dallas-based property/casualty insurance agency CoVerica has hired Jim Bailey as senior vice president. The role will include traditional vice president responsibilities, as well as developing the company’s California master agency. He will be based in Dallas. Bailey will also oversee …
A federal appeals court is allowing California to resume working on new regulations that mandate greener fuels for cars and trucks. The U.S. 9th Circuit Court of Appeals on Monday overturned a federal judge’s injunction blocking California’s low-carbon fuel standard. …
