June 3, 2014
A monthly economic index for nine Midwestern and Plains states inched up in May, suggesting healthy economic growth is coming over the next three to six months, according to a report released. The overall Mid-America Business Conditions Index rose to …
June 3, 2014
CoVerica Inc. announced it has acquired property/casualty insurance agency, Forbes-Troxel Insurance Agency Inc., in Rockwall, Texas. CoVerica, also a property/casualty insurance agency, is based in Dallas. Source: CoVerica
June 3, 2014
An Iowa company has agreed to pay $6.8 million in fines for crimes that include selling the tainted eggs that caused a nationwide salmonella outbreak in 2010. A plea agreement filed on June 2 by federal prosecutors calls for Quality …
June 3, 2014
Edgewood Partners Insurance Center has added Greg Dobson as a principal in its employee benefits division. Dobson will be based in the company’s San Ramon office. His responsibilities will include the acquisition of new clients, as well as the design, …
June 3, 2014
Federal, state and local fire officials have concluded that the cause of a May 29 blaze at a farm supply facility in Athens, Texas, that stored ammonium nitrate fertilizer is “undetermined.” The Texas State Fire Marshal’s Office (SFMO) and the …
June 3, 2014
Great American Insurance Group’s Fidelity/Crime Division has launched commercial coverage for bitcoins, a virtual online peer-to-peer medium of exchange. Bitcoins are used as a method of exchange by which transactions are conducted to buy and sell merchandise without a go-between, …
June 3, 2014
Scott Ferguson and Norma Cervantes have joined the Leavitt Group’s San Diego, Calif. office. Ferguson is a senior vice president and practice leader on risk management accounts specializing in construction, environmental contractors, staffing and professional employer organizations. Cervantes is an …
June 3, 2014
Massachusetts Attorney General Martha Coakley is suing the Federal Housing Finance Agency (FHFA) and the mortgage giants Fannie Mae and Freddie Mac for allegedly violating the state’s 2012 foreclosure prevention law. The lawsuit alleges the federal housing regulators and the …
June 3, 2014
The three former top executives at Dewey & LeBoeuf LLP, indicted by the Manhattan district attorney for falsely portraying the failing law firm’s financial condition, are using the criminal proceedings to halt a lawsuit by an insurance company that bought …
June 3, 2014
The U.S. Supreme Court will not hear an appeal over whether a Mississippi fire protection district can charge a fee for its services to local property owners. The Supreme Court made no comment in denying the petition May 19. The …