Anadarko Petroleum Corp. was ordered to pay almost $160 million for its role as part-owner of the doomed Gulf of Mexico well that in 2010 caused the biggest offshore oil spill in U.S. history. The fine was the last big …
Brent Cross, executive vice president of Cross Insurance, an independent agency headquartered in Bangor, Maine, with offices throughout New England, died Nov. 26 at Mass General Hospital in Boston after a year-long battle with cancer, the agency said. He was …
Penn State settled with six more victims or accusers of Jerry Sandusky, according to a new audit that puts the school’s total payout in the child sex abuse scandal at nearly $93 million. The university’s audited financial statements for the …
XL Catlin’s Cyber & Technology insurance business has launched a new online resource – CyberRiskIQ.com, to provide clients with support for cybersecurity readiness and incident response services. CyberRiskIQ.com features a comprehensive portal including: Information on the underwriting and claims cyber/tech …
Baltimore’s economic development agency says 93 percent of the businesses damaged by rioting, looting and arson in April have reopened. The Baltimore Development Corp. said in a statement on Nov. 24 that just over 400 businesses suffered property damage or …
The sudden collapse of the largest nonprofit insurance cooperative created by President Barack Obama’s health care law is causing headaches in New York, especially for medical providers owed millions of dollars for treating the failed plan’s patients. More than 200,000 …
Hub International Northeast, a division of Hub International Limited, has hired Jennifer Moser as vice president and sales manager.
Paul Walker’s father has sued Porsche for negligence and wrongful death over the 2013 accident that killed the “Fast & Furious” star. Walker’s father, who is the executor of his son’s estate, filed the lawsuit last week claiming that the …
Five people, including a former hospital executive and two surgeons, are charged with a massive kickback scheme that resulted in billing $580 million to the government and insurance companies, authorities announced. Two already pleaded guilty and the others have agreed …
The Diablo Canyon nuclear power plant and earthquake faults have been uneasy neighbors for decades. Even before the twin reactors produced a single watt of electricity, the plant had to be retrofitted after a submerged fault was discovered 3 miles …
