May 5, 2016
As former New York Assembly Speaker Sheldon Silver was being sentenced to 12 years in prison for corruption, many of the politicians he once served with were passing legislation to outlaw commercial bass fishing in the Hudson River. Significant proposals …
May 5, 2016
The Hanover Insurance Group Inc. reported net income of $78.2 million for the 2016 first quarter, a 42 percent increase from net income of $54.9 million in the first quarter of 2015. The latest earnings benefited from lower catastrophe losses. …
May 5, 2016
New Jersey Governor Chris Christie’s warning of Hurricane Sandy-like destruction of the shore will be tested as the worst storm season in three years approaches and beachfront homeowners delay his building protective dunes along all 127 miles of the state’s …
May 5, 2016
Reinsurance broker JLT Re has launched a new operation in North America – JLT Re Global Mortgage Solutions — to offer insurance and reinsurance to government-sponsored entities, mortgage insurers, mortgage lenders and builders. Steve Rance has been appointed executive vice …
May 5, 2016
Saline County in Kansas and a former interim director of the Saline County Health Department have reached a $75,000 settlement over a sexual discrimination claim. The Salina Journal reported the county said that it denied liability associated with the claim, …
May 5, 2016
Boston Duck Tours says the driver of the amphibious sightseeing vehicle that collided with a scooter in Boston, killing a woman, had an “exemplary record” during his six years with the company. A Boston Duck Tours spokesman said in a …
May 5, 2016
The global economy suffered the worst April natural disaster losses for five years, according to Impact Forecasting, Aon Benfield’s catastrophe model development team. Earthquakes, convective storms and flooding contributed to the worldwide devastation, said Impact Forecasting, noting that a significant …
May 5, 2016
The Main Street America Group announced the promotion of one company officer to assistant vice president and the appointment of four new company officers, all of whom will be an assistant secretary of the super-regional property/casualty insurance carrier. They are: …
May 5, 2016
USI Insurance Services has acquired Hanratty & Associates Inc. in Plymouth, Minn. The employees will remain at their current Plymouth location. Terms of the deal were not disclosed. Hanratty & Associates has been providing employee benefits and consulting for nearly …
May 5, 2016
Salvatore Ferragamo SpA, the Italian luxury goods maker, on Wednesday sued former Los Angeles Rams football quarterback Vince Ferragamo, saying he infringed its trademarks by operating his namesake winery in southern California. Consumers are likely to be confused into thinking …