Missouri’s insurance department has dealt a setback to a proposal by the nation’s third-largest health insurer to buy another insurance company. State Insurance Director John Huff says Aetna’s planned purchase of Humana would sap competition from an already concentrated market. …
North Dakota Gov. Jack Dalrymple told industry and government officials on May 25 that the state’s unprecedented oil boom that made it the economic darling of the nation is far from going bust. “From our perspective, we think that this …
Arkansas’ highest court says a baby food manufacturer must pay more than $3 million to workers for the time they spent dressing and undressing into uniforms and protective gear. The state Supreme Court upheld a lower court’s ruling that Gerber …
A citizen’s group and homeowners who have recently suffered repeat flood damage sued Houston, Texas, in federal court, alleging the city backed improvements at a commercial development they say were made without putting in adequate drainage. Residents Against Flooding and …
Investigators are examining possible computer breaches at as many as 12 banks linked to SWIFT’s global payments network that have irregularities similar to those in the theft of $81 million from the Bangladesh central bank, according to a person familiar …
Heffernan Insurance Brokers has named Paula Northington assistant vice president of employee benefits in its Orange County, Calif. office. Northington began her career in the financial services industry with Private Ledger Financial Services. She moved into a leadership role at …
A storm that would be named Bonnie threatens holiday cookouts and celebrations along the U.S. coast from North Carolina to Georgia over the Memorial Day weekend. If the low-pressure system now northeast of the Bahamas develops, it will become the …
When the Atlantic hurricane season starts next week, the most active area might just be off the U.S. East Coast. At this time of year, passing cold fronts that linger over waters warmed by the late spring sun can trigger …
Ropner Insurance Services Ltd., the Lloyd’s and London market broker, has appointed six new brokers as part of its ongoing expansion, following the Global Risk Partners Ltd.-backed management buyout last year: Gary Watson and Stewart Alliston have joined the international …
Google won a jury verdict that kills Oracle Corp.’s claim to a $9 billion slice of the search giant’s Android phone business. Oracle contended that Google needed a license to use its Java programming language to develop Android, the operating …
