As well as too-big-to-fail it looks as if we must think of our largest banks as too-big-to-punish as well. After comments from top U.S. Justice Department officials in the wake of the $1.5 billion settlement with UBS over interest-rate manipulation, …
In a decision that could make it easier for businesses to police cybertheft in the workplace, a U.S. appeals court revived a chemical company’s lawsuit accusing a former Toronto-area employee of using her home computer to steal trade secrets from …
A New Jersey appellate court says a woman injured by a dog she was being paid to watch can sue the animal’s owners. The Star-Ledger reports the Bergen County woman agreed to care for her neighbor’s golden retriever while they …
GEICO, a Chevy Chase, Md.-headquartered auto insurance unit of Berkshire Hathaway, recently named Jeremy Connor as assistant vice president of regional claims operations at GEICO’s regional office in Fredericksburg, Va. He previously served as director for personal injury protection claims …
The Navigators Group Inc. announced on Dec. 21 that its preliminary estimate of losses relating to Superstorm Sandy ranges between $18 million and $25 million, net of reinsurance and the effects of reinstatement premiums.The Rye Brook, N.Y.-based Navigators Group’s preliminary …
Greensboro, N.C.-based Senn Dunn Insurance appointed Jackie Ireland as director of health and wellness for its employee benefits division. Ireland will spearhead the design and implementation of wellness strategies for clients. Senn Dunn Insurance has offices in Greensboro, High Point, …
An improved flood prone rating means Pearl River County residents will see a 10 percent reduction in monthly insurance premiums. The Picayune Item reports that county planner Ed Pinero Jr. says the county has moved from an insurance rating of …
Louisville, Ky.-based insurance agency Neace Lukens announced it completed the acquisition of the Davis-Garvin Agency in Columbia, S.C.In addition to its Columbia, S.C., headquarters, Davis-Garvin Agency has offices in Macon and Valdosta, Ga.; Pineville, La.; and Flowood, Miss.
A U.S. judge last Friday gave final approval to BP Plc’s settlement with individuals and businesses who lost money and property in the 2010 Gulf of Mexico oil spill. The order only addressed the settlement of economic and property damage …
Nearly 3,000 drivers were caught breaking cell phone rules during a crackdown in Sacramento County in Northern California. California was one of two states to receive grants for high-visibility law enforcement pilot programs to halt hand-held cell phone use and …
