May 5, 2014
Some people don’t need Earth Day to be reminded they live on a planet powered by the forces of nature. The recent string earthquakes on the Pacific belt may have hit home with California homeowners, who were already a bit …
May 5, 2014
Edgewood Partners Insurance Center named Michael Gonthier chief financial officer. Elaine Andrian, EPIC’s current CFO, will now focus on merger and acquisition strategy and diligence. Gonthier will be responsible for overseeing all finance and accounting, human resources and information technology …
May 5, 2014
A California Assemblywoman introduced a bill in late April to regulate ridesharing companies like Uber, Lyft and Sidecar. Assembly Bill 2293, authored by Assemblywoman Susan Bonilla, D-Concord, would clarify existing insurance laws related to ridesharing service activities while supporting new …
May 5, 2014
Corona, Calif.-based Monster Beverage Corp. has agreed to settle an ongoing securities class action lawsuit against the company and two of its officers in federal district court in Los Angeles. The settlement, reportedly worth $16.25 million, is pending court approval. …
May 5, 2014
Another lawsuit has been filed against the Catholic Archdiocese of Portland by a man who says he was one of dozens of boys sexually abused by a priest in the 1960s and 1970s. In the lawsuit filed last month in …
May 5, 2014
Marsh & McLennan Companies Inc. has appointed Eddie Dunn as director, Military and Veteran Affairs. In this role, Dunn will support the U.S. Veterans Talent Initiative that Marsh & McLennan announced last November. He will be responsible for managing the …
May 5, 2014
Vermont’s updated captive insurance law now offers inactive captives in the state a chance to apply for a “dormant” status. Vermont regulators said this latest modification reflects the state’s ongoing effort to introduce new prudent legislation for the captive industry. …
May 5, 2014
When suburban New York delicatessen owner P.J. Whelan heard the findings of a Federal Reserve Bank of New York poll released on April 21 regarding Superstorm Sandy’s effect on small businesses, he began nodding in agreement. “They got those numbers …
May 5, 2014
The politically connected former CEO of a prominent New York City charity admitted on April 23 he helped steal more than $9 million from the organization in an insurance scheme that authorities linked to campaign contributions. William Rapfogel pleaded guilty …
May 5, 2014
Rhode Island Gov. Lincoln Chafee has signed into law legislation allowing motorists in Rhode Island to use their smartphones to offer police proof they have auto insurance. The bills sponsored by Sen. William Conley Jr. and Rep. Gregg Amore allow …