The founder of an Iowa brokerage has signed a plea agreement with federal prosecutors in which he admits to carrying out a $200 million fraud and embezzlement scheme that bankrupted his company and could result in him spending the rest …
For two decades, one of the most commonly used type of rail tanker has been allowed to haul hazardous liquids from coast to coast even though transportation officials were aware of a dangerous design flaw that almost guarantees the car …
A Dickinson, N.D., insurance agent accused of stealing $30,000 from a client has pleaded not guilty to five felony theft counts. Meanwhile, a former Bismarck insurance agent is headed to prison for stealing money from clients. Authorities allege that Scott …
Allstate Corp. is raising rates for 144,000 Louisiana homeowners who get their insurance coverage from two Allstate companies. The company announced that about 71,000 homeowners insured by Allstate Insurance Co. will see their rates increase by 11.3 percent, while 73,000 …
State Farm Lloyds says it intends to increase homeowners rates in Texas by an average 20 percent. The company announced it has submitted a rate filing to the Texas Department of Insurance. The actual premium change for any individual customer …
There was a time Galveston tourism officials would avoid using the word Ike. Four years after the most devastating storm since Hurricane Carla struck the Texas Coast in 1961, Hurricane Ike is no longer talked about in hushed tones or …
Two brokerages in the Metro New York region — Cook, Hall & Hyde and Maran Corporate Risk Associates — announced their intention to enter into a merger agreement. The new firm will be called Cook Maran & Associates. It will …
A couple of years ago, Hesham Rakha misjudged a yellow traffic light and entered an intersection just as the light turned red. A police officer handed him a ticket. “There are circumstances, as you approach a yellow light, where the …
Traffic fatalities have spiked in New Hampshire, prompting authorities to urge drivers to slow down and avoid dangerous activities such as texting and talking on cell phones. Safety Commissioner John Barthelmes says there have been 71 fatal crashes so far …
Two months ago when Barry Gilway took over as president of Florida’s state-run property insurer, Citizens Property Insurance Corp., he quickly learned there would be no honeymoon period. He was thrust into debates over rates, mitigation credits, rolled-back coverage, depopulation …
