April 4, 2012
The Goldman Sachs Group, a global investment banking and securities firm, said it appointed former Zurich Financial Services CEO James J. Schiro to be its board’s next lead director. Additionally, Schiro will also serve as the board’s chair of the …
April 4, 2012
A Staunton contractor accused of defrauding the Virginia Department of Transportation has pleaded guilty to commercial fraud. Thirty-two-year-old Jeffrey T. Jennings faces up to 15 years in prison. The News Leader reports that Jennings entered his plea last week in …
April 3, 2012
A Maryland insurance broker has admitted making more than $1 million in bribes to a former school superintendent in southern New Jersey. Seventy-year-old Francis X. Gartland of Baltimore pleaded guilty Monday to charges of mail fraud, conspiracy to defraud the …
April 3, 2012
Great American Insurance Group’s environmental division opened a regional office in New York City. The expansion complements the environmental division’s home office located in Plymouth Meeting, Penn., and its regional office in San Francisco. The new regional office will be …
April 3, 2012
Broome County Executive Debbie Preston in New York recently hosted an open house to help local residents who are still suffering from last year’s flooding. The event was held at the Binghamton University campus, State University of New York, on …
April 3, 2012
St. Louis, Mo.-based Safety National Casualty Corp. announced that James Riviezzo has joined the company as business development representative. He will be based in Safety National’s New York City regional office. With nearly 15 years of insurance and financial services …
April 3, 2012
Chicago-based Ryan Specialty Group said its subsidiary RSG Underwriting Managers is acquiring WKFC Underwriting Managers in New York. Terms of the transaction were not disclosed. Ryan Specialty Group is a global holding company which includes a group of highly-specialized underwriting …
April 2, 2012
Sunday, April 1, marked the 25th anniversary of one of the worst floods in Maine history. On April 1, 1987, major rivers overflowed their banks, ripping out bridges and roads, destroying homes and wrecking businesses. Experts called it a 500-year …
April 2, 2012
The Vermont Supreme Court has rejected the appeal of a slain 12-year-old girl’s father who claimed the ex-wife of the man charged in her murder was negligent in his daughter’s death and that her insurance company should pay damages. Last …
April 2, 2012
A western Pennsylvania insurance company has fired the chief executive officer who was arrested a week ago after a fight with the husband of an employee with whom he was having an affair. Highmark Inc. announced Sunday that the board …