October 21, 2019
A Philadelphia bookkeeper who embezzled nearly $1.6 million from his New Jersey employer over a 10-year period has been sentenced to more than eight years in federal prison. Peter Goodchild must also pay restitution under the sentence imposed Thursday. Prosecutors …
October 21, 2019
Authorities say a blaze that tore through a Philadelphia building last year was set by two brothers who owned a business there and wanted to collect insurance money. The U.S. Attorney’s office said Thursday that 39-year-old Imad Dawara, of Swarthmore, …
October 18, 2019
A prosecutor says improperly billed brake work had nothing to do with the catastrophic brake failure on a stretch limousine that crashed and killed 20 people in rural upstate New York. District Attorney Susan Mallery said in a letter filed …
October 18, 2019
A former western Pennsylvania church administrator has pleaded guilty to stealing $1.2 million that prosecutors say he and his wife used to pay for vacations, sports tickets and other personal expenses. Fifty-year-old David Reiter pleaded guilty Wednesday to receiving stolen …
October 18, 2019
IAT Insurance Group, a provider of specialty property and casualty products, is expanding its product offerings with the formation of a new Management Liability business unit. The company has hired John Passaro to lead the unit. Passaro brings to the …
October 18, 2019
A New Jersey woman who was permanently injured in a crash last year with a volunteer firefighter answering a fire call has settled a lawsuit for $4.6 million. NJ.com reports that 56-year-old Melinda Baker, of Manuta, received $4.5 million from …
October 18, 2019
The city of Baltimore is set to purchase $20 million in cyber insurance coverage, five months after an attack hobbled its computer network. The city’s Board of Estimates on Wednesday approved the purchase of two $10 million policies. The premiums …
October 17, 2019
A ruptured section of metal piping installed more than 40 years ago led to an uncontrolled release of hazardous materials at the Philadelphia Energy Solutions Refining and Marketing Refinery (PES) in Philadelphia, Penn., on June 21, causing a fire and …
October 17, 2019
The Hilb Group LLC (THG) has acquired New Jersey-based New Agency Partners (NAP). The transaction became effective October 1, 2019. NAP is a full-service insurance brokerage in Parsippany, N.J., providing business insurance, employee benefits and personal insurance to clients throughout …
October 17, 2019
Commercial property insurer FM Global has opened a $16 million Electrical Hazards and Gas Detection Laboratory at its 1,600-acre Research Campus in West Glocester, R.I., following nearly two years of construction. Fireballs, explosions, combustible and toxic gas leaks and short …