The insurance carrier for a Connecticut city paid $30,000 to settle a lawsuit filed by the family of a third-grader who was barred from school for several days because of Ebola fears. School officials in Milford, Connecticut, initially told 7-year-old …
Update: Greenberg Will Appeal AIG Bailout Case Win Over Lack of Damages The U.S. set illegal terms in demanding American International Group Inc. stock for an $85 billion bailout during the financial crisis, but that doesn’t mean AIG investors deserve …
Ironshore Inc. announced the formation of the Chinese Investment Practice Group, building upon its relationship with Fosun International, to identify Chinese investment opportunities in U.S.-based companies and assets. Fosun is in the process of completing its acquisition of Ironshore . …
Firefighters made progress late Sunday in battling a lightning-sparked Northern California wildfire that has been burning in the Shasta-Trinity National Forest for five days, officials said. Light winds helped firefighters directly attack the 1,480-acre blaze as they worked in hot, …
Hundreds of Orange County court cases are being scrutinized amid suspicions that someone was paid to fix DUI and other traffic violations by falsifying court records. The FBI and county prosecutors are investigating, and about 600 Superior Court cases, some …
Outgoing New York Superintendent of Financial Services Benjamin Lawsky said in a memo to his staff last Friday that his chief of staff, Anthony Albanese, will serve as acting superintendent while the Governor’s office conducts a search for a permanent …
Nevada transportation regulators say they’ll seek to fast-track regulations for ridesharing companies such as Uber and Lyft. Members of the Nevada Transportation Authority voted 2-1 on Thursday to petition Gov. Brian Sandoval for emergency status. Agency spokeswoman Teri Williams said …
U.S. officials have rejected Exxon Mobil Corp.’s request to reconsider a $1 million penalty imposed against the oil giant over a 63,000-gallon crude spill into Montana’s Yellowstone River. The U.S. Department of Transportation on Friday ordered the Irving, Texas-based company …
Geoff White, underwriting manager for Cyber, Technology and Media at Barbican Insurance Group, has been elected chairman of the Lloyd’s Market Association’s (LMA) newly created Cyber Business Panel. White was elected by the members of the panel on June 5. …
A third of people who shopped for auto insurance online actually changed their insurance carrier, an insurance industry survey found. At the same time, the online opinion survey by the Insurance Research Council (IRC) found that 86 percent of insured …
