About 150 current and former employees of a Pittsfield, Mass., hotel as well as hotel management have reached a $1.3 million agreement in a dispute over tips the workers claim they were entitled to but never received. The Berkshire Common …
Hedge fund manager John Paulson — who currently holds a 8.4 percent stake in The Hartford — filed a letter yesterday to the board of The Hartford with the Securities and Exchange Commission. In the letter, the billionaire investor made …
The U.K.-based broker BMS Group appointed industry veteran Mike Hollenbach as executive vice president within its specialty casualty team. He will be based in Philadelphia. Hollenbach joins BMS from Towers Watson where he served as a senior account executive for …
New York and 10 other states filed a lawsuit last Friday designed to force the U.S. Environmental Protection Agency to issue new regulations on soot pollution. New York Attorney General Eric Schneiderman said the lawsuit filed in U.S. District Court …
The Hartford Financial Services Group’s biggest stakeholder is not happy with its stock price and wants The Hartford CEO Liam McGee to do “something drastic,” including splitting up the company’s life insurance and P/C businesses. Speaking at the company’s earnings …
PMC Insurance Group, a national workers’ compensation insurance wholesaler, appointed Kate Alben as New England territory manager. Alben will be responsible for the expansion and growth of the New England territory, working with agency partners to offer workers’ compensation products …
Two former Bear Stearns fund managers agreed to pay more than $1 million combined to resolve a U.S. Securities and Exchange Commission lawsuit over allegations they lied about the health of two mortgage-laden hedge funds they managed, lawyers said on …
The Graham Company, one of the Mid-Atlantic region’s largest insurance and employee benefits brokers, appointed Michael Mitchell as vice chairman and Kenneth Ewell as president and chief operating officer. Both have served as executive vice presidents for the past three …
Consumers know what their premium costs every month, but not everyone really knows exactly what their homeowner or renter policy covers. To help consumers be well prepared before they have to make a claim, Connecticut Insurance Commissioner Thomas Leonardi unveiled …
Vermont lawmakers will decide this winter how their state will design a health insurance exchange. The federal Affordable Care Act requires states to create exchanges by 2014 or have the government do it for them. The exchanges are Internet-based marketplaces …
