William Gallagher Associates, a broker and risk management services provider, promoted Paula Cabral, Karen Cangemi and Meredith McCabe to the position of senior vice president. The brokerage firm also promoted Brendan Glass to vice president. Cabral works in the firm’s …
Hartford Financial Services Group is selling all assets of its Hartford Life Private Placement unit to Philadelphia Financial Group Inc. for $117.5 million. Hartford Life Private Placement, based in Florham Park, N.J., provides insurance and wealth management services for consumers …
Scores of Connecticut residents, including some state workers, might have requested and received federal emergency money to replace spoiled food and cover other expenses after Hurricane Irene even though their incomes clearly disqualified them, state officials said Sunday. Gov. Dannel …
Ernst & Young LLP has been sued for $900 million by the liquidators of a fund that once funneled money to the now-imprisoned swindler Bernard Madoff. The lawsuit, filed on behalf of M-Invest Ltd, accused Ernst & Young of negligence, …
Massachusetts regulators are preparing to hold public hearings in Springfield and East Longmeadow as they investigate how utility companies responded to the October snowstorm that knocked out power to thousands for days. The Department of Public Utilities hearings are scheduled …
The rate of workplace injuries increased in 2010 in Virginia, but still remains below the national rate. The Virginian-Pilot of Norfolk said a state Department of Labor and Industry report released last Thursday shows that there were 3.3 nonfatal injuries …
U.S. Senator Charles Schumer (D-N.Y.) is calling on flood insurance companies to speed up their processing of insurance claims from tropical storms Irene and Lee to ensure that FEMA aid reaches flood-damaged communities more quickly. Schumer, the U.S. Senate’s third-ranking …
Officials with the Federal Emergency Management Agency say nearly $349 million in disaster aid has been approved so far for Pennsylvania residents affected by two recent storms. According to updated figures released by FEMA on Friday, Dec. 2, almost 93,000 …
AXIS Capital Holdings’ insurance segment appointed John Van Decker as Berkeley Heights, N.J.-based executive vice president and head of North American professional lines. In this newly created position, Van Decker is responsible for oversight of AXIS Insurance’s professional lines underwriting …
Massachusetts sued five major banks Thursday over deceptive foreclosure practices such as the “robo-signing” of documents, potentially undermining negotiations between lenders and state prosecutors across the nation over the same issue. The lawsuit named Bank of America Corp., JPMorgan Chase …
