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Astonish Results Opens Florida Office

Insurance agency marketing and web services provider Astonish Results is opening an office in Orlando, Fla. In addition to personnel, the Orlando office houses a training facility for the Rhode Island-based firm. The company said the new Orlando office provides …

Former PM to Head Ireland’s International Financial Services Center

Former Taoiseach (Prime Minister) and European Union Ambassador to the United States, John Bruton, has agreed to accept a newly created position as the Chairman of the International Financial Services Center (IFSC Ireland). The association’s bulletin described the new role …

Former Vice President at Rhode Island Insurer Acquitted

A former executive at Rhode Island’s dominant workers’ compensation insurer was acquitted Friday on a charge that he deceived state regulators about companies that were receiving discounted premiums. Superior Court Judge Edwin Gale acquitted David Clark, a former vice president …

CATEX, UK’s TriSystems Team up to Create ‘End-to-End’ Processing

The Princeton NJ-based Catastrophe Risk Exchange (CATEX) and London-based TriSystems, both providers of technology platform and services to the global insurance and reinsurance industries, announced a strategic partnership “to deliver a full end-to-end solution for bordereau formatting, processing and reporting. …

Ironhealth Introduces Specialty Liability Program for Physician Groups

IronHealth, the specialty healthcare division of Ironshore Inc., has introduced a Physician Group Practice liability product, offering coverage for groups of 10 or more physicians,including the entity and its ancillary staff. IronHealth’s newest initiative combines broad professional liability coverage with …

U.S. Drops Criminal Probe Against AIG Financial Products Executives

The U.S. Justice Department has dropped a probe of American International Group Inc. executives involving the credit default swaps that sent the insurer to the brink of bankruptcy and forced a huge taxpayer bailout, lawyers for the executives said Saturday. …

Frustration Mounts as Oil Seeps into Louisiana’s Wetlands

Anger grew along the Gulf Coast as an ooze of oil washed into delicate coastal wetlands in Louisiana, with many wondering how to clean up the monthlong mess – especially now that BP’s latest try to plug the blown-out well …

Pressure Piles on BP As Gulf Oil Spill Widens

BP sharply reduced its estimate on Monday of how much oil it is siphoning off from a ruptured well in the Gulf of Mexico as Washington kept the pressure on the energy giant over the environmental debacle. British-based BP said …

California Nonprofit Execs Accused of Exposing Teens to Health Risks

Three executives of a now-defunct California nonprofit that provided job training for young people knowingly placed dozens of teenagers in jobs that exposed them to asbestos, prosecutors say. The nonprofit Firm Build sent teens to remove asbestos from an old …

U.S. Vows to Replace BP on Oil Response If Necessary to Control Spill

The U.S. government will move aside BP from the operation to try to halt the Gulf of Mexico oil spill if it decides the company is not performing as required in its response to the well leak, U.S. Interior Secretary …

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