The National Transportation Safety Board will examine federal oversight of the limousine industry as part of its investigation into a deadly New York state crash that killed 20 people in the worst U.S. transportation event since 2009, Chairman Robert Sumwalt …
The natural gas company at the center of the explosions north of Boston last month was “woefully unprepared” to prevent or respond to the unfolding disaster, Sens. Elizabeth Warren and Ed Markey said Friday after a review of internal company …
The Main Street America Group, a Jacksonville, Fla.-headquartered super-regional property and casualty insurance carrier, has promoted Jerry Waters to vice president and chief accounting officer, effective immediately. Waters, based in Keene, N.H., joined Main Street America in 2010. Since that …
MLMIC Insurance Company, formerly known as Medical Liability Mutual Insurance Company, has completed its conversion from a property and casualty mutual insurance company to a property and casualty stock insurance company and its acquisition by National Indemnity Company, a subsidiary …
AIG Global Real Estate is seeking buyers for a Manhattan hotel that could fetch more than $200 million, according to a person familiar with the matter. AIG has tapped Eastdil Secured LLC to find prospective buyers for the 310-room Embassy …
A New Jersey court is allowing most of the state’s lawsuit against the maker of OxyContin to move forward. Superior Court Judge Thomas Moore dismissed a public nuisance claim against Purdue Pharma. But he’s allowing other the state’s case to …
President Donald Trump has approved a disaster declaration for upstate New York counties hit by severe flash flooding in August. The declaration signed Monday by the Republican will allow the counties to apply for federal financial assistance to cover the …
RVI Group, a Stamford, Conn.-based provider of residual value insurance, has appointed Wei Fan to lead its Passenger Vehicle Insurance and Analytics businesses. Under Fan’s leadership, the Passenger Vehicle Insurance and Quantitative Analysis teams, which partner closely on business development …
Connecticut officials have received official assurances that CVS Health Corp. will keep Aetna Inc. in Hartford for at least the next decade. The pledge is included in a commitment letter CVS delivered Wednesday to the Connecticut Insurance Department. CVS had …
The Howard County Council in a narrow 3-2 vote approved two bills on Monday night that will allocate nearly $17 million toward a controversial five-year flood mitigation plan for Ellicott City. The bills represent the first phase of a $50 …
