July 8, 2015
The New York Stock Exchange began reopening its two equity venues that were shut down for hours today by a computer malfunction. Shares started trading on the New York Stock Exchange, the biggest of the company’s platforms, and NYSE MKT, …
July 8, 2015
Berkshire Hathaway’s MedPro Group has agreed to acquire Oklahoma healthcare liability insurer PLICO Inc., which is owned by the Oklahoma State Medical Association (OSMA). The boards of each entity have approved OSMA’s sale to MedPro of 100 percent ownership of …
July 8, 2015
The New York State Assembly recently approved a bill (A04458) that would require insurers to expedite claims investigation and settlement processes after declared disasters and emergencies. Under the legislation, which passed the Assembly on June 17, insurers would be required …
July 8, 2015
XL Catlin and Financial Risk Solutions, Inc. have entered an exclusive underwriting agreement to offer Chill-Pro contractual liability insurance coverage for heating ventilation and air conditioning (HVAC) contractors in the US. Chill-Pro is a national insurance program that provides service …
July 8, 2015
Jon Corzine and other former MF Global Holdings Ltd officials have reached a $64.5 million settlement of litigation brought by investors seeking to hold them liable for the now-defunct futures brokerage’s 2011 bankruptcy. The preliminary all-cash settlement with Corzine, who …
July 8, 2015
A Raleigh, N.C., man has been charged with eight counts of insurance fraud, eight counts obtaining property by false pretense, four counts of attempting to obtain property by false pretense and four counts of providing a false statement on an …
July 8, 2015
The New York Stock Exchange shut down its main market because of a computer malfunction, forcing traders to steer orders elsewhere in the biggest disruption to an American equity venue in almost two years. The suspension, announced to securities firms …
July 8, 2015
A North Dakota man was killed while working at an asphalt production plant in central South Dakota. Sully County Sherriff Bill Stahl told KCCR radio that 66-year-old Jerold Walth of Wishek, North Dakota, was performing maintenance on equipment at the …
July 8, 2015
Google Inc. has selected Texas as the latest testing site for its self-driving car project, the company announced Tuesday. A modified Lexus SUV has already been seen on Austin roads, with safety drivers on board, according to the Austin American-Statesman. …
July 8, 2015
Utah state transportation officials are employing playful messages on highway digital signs in the latest attempt to encourage safe driving. The Standard-Examiner newspaper in Ogden reported that the signs say things such as “Turn signals: The original text message.” Others …