The Massachusetts attorney general who sued five major banks over allegedly deceptive foreclosure practices says it’s likely some states will settle with the banks. Martha Coakley told the Greater Boston Chamber of Commerce Wednesday she’ll keep an open mind as …
A central Pennsylvania school district has paid more than a half-million dollars to settle a student’s lawsuit involving a teacher acquitted of sexually assaulting her in 2006. Susquehanna Township School District’s insurance will cover the $600,000 payment for the student’s …
Aides to Vermont Gov. Peter Shumlin have unveiled the next steps in his plan to move Vermont toward a single-payer health care system, and some business groups aren’t happy about it. Administration officials on Tuesday got two key legislative allies …
Key Risk, a workers’ comp insurer and a member company of W. R. Berkley Corp., said it is expanding operations to Pennsylvania and is opening a new office in Harrisburg. Key Risk focuses solely on providing workers’ comp insurance and …
Authorities in New Jersey announced last week that a Union City woman and her Jersey City brother were indicted for their alleged roles in a scheme to submit false auto insurance claims. According to Acting Insurance Fraud Prosecutor Ronald Chillemi, …
A Virginia man has been charged with faking his death to collect on a $750,000 life insurance policy. A federal grand jury indicted 38-year-old Jamie Dwayne Long of Lunenberg on three mail fraud counts last week. U.S . Attorney Neil …
More than $25.2 million in federal disaster aid has been approved to help residents, businesses and local governments in Virginia recover from last summer’s earthquake. The Federal Emergency Management Agency says the total includes individual and public assistance, along with …
Chartis said it is streamlining its geographic structure to add greater focus on its growth economies initiatives. The move comes amid the departure of Chartis Growth Economies CEO Julio Portalatin, who is leaving the company to lead Marsh & McLennan …
Marsh & McLennan Companies appointed insurance veteran Julio Portalatin as CEO of Mercer, MMC’s human resource consulting subsidiary. His appointment is effective February 1. He will be based in New York and will report to Dan Glaser, group president and …
Four New Yorkers are safe following their evacuation from the cruise ship that ran aground in Italy. Joan, Brian and Alana Aho of Duanesburg, N.Y., made it off the ship during last Friday’s emergency. But they told a friend, Cheryl …
