Monthly Archives: <span>May 2013</span>

G7 Agenda: Growth, Financial Reform, Trade

Top finance officials from the Group of Seven economies will discuss ways to nurture the global economic recovery and push ahead with financial reform when they meet on Friday and Saturday, Britain’s finance minister said. “We will be talking about …

Senate Farm Bill Draft Boosts Southern Crop Subsidies

In a concession to Southern lawmakers, the new U.S. farm law would set sharply higher support prices for rice and peanut crops under a draft prepared for a Senate Agriculture Committee vote next week and released on Thursday. The $500 …

$45 Million Global Cyber Bank Theft: Who Pays the Losses?

In one of the biggest ever bank heists, a global cyber crime ring stole $45 million from two Middle Eastern banks by hacking into credit card processing firms and withdrawing money from ATMs in 27 countries, U.S. prosecutors said on …

First Capital, Hudson Insurance Group Launch Insurance Services PL Facility

First Capital-AWIS, LLC (First Capital) and Hudson Insurance Group (Hudson) have introduced a new insurance services professional liability primary and excess facility underwritten by Hudson and administered exclusively by First Capital. The facility offers a range of insurance services classes, …

Bulldog Premium Finance Names Gainey As President

James P. Gainey has been hired as president of Bulldog Premium Finance, a division of Bass Underwriters. Gainey provides daily management together with operational, legal and financial advice for the company. Prior to joining Bulldog, Gainey, an attorney, was the …

Bliss & Glennon Launches Nutraceutical, Nutrition, Lifestyle Program

Redondo Beach, CA-based Bliss & Glennon, Inc.’s Complex Casualty division of has launched a new specialty program for the nutraceutical/health/nutrition/natural products industry. The product is supported by a national AM Best “A+” rated insurance company with claims servicing expertise in …

West Virginia Fiesta Dinnerware Maker Sues Over Knockoffs

West Virginia’s Homer Laughlin China Co. is suing two companies for selling what it claims are cheap Chinese imitations of its popular and collectible Fiesta dinnerware to an unsuspecting public. The Weirton Daily Times said the lawsuit was filed Monday …

Feds Say Insure Oklahoma Program Must Change

An Oklahoma program that uses Medicaid funding to provide health insurance to 30,000 low-income Oklahomans must change in order to keep its funding, the federal government has said, even as a legislative plan that tries to make those changes seems …

Ohio Women’s Home Fighting Insurance Company to Stay Put

Supporters of a nonprofit home for struggling women on May 8 protested the continued efforts of a major insurance company to force them to move out of their beautiful downtown neighborhood as a pivotal court hearing on the matter was …

California Attorney General Files Suit Against JPMorgan Chase

California Attorney General Kamala D. Harris on Thursday filed an enforcement action against JPMorgan Chase & Co. alleging the bank engaged in fraudulent and unlawful debt-collection practices against tens of thousands of Californians. The suit alleges that Chase engaged in …