Maurice “Hank” Greenberg, the former chief executive of American International Group Inc., will testify Wednesday over a sham transaction involving the insurer and a unit of Warren Buffett’s Berkshire Hathaway Inc, a judge ruled. New York State Supreme Court Justice …
The company that made a 1983 recording of what became one of the New Orleans Saints’ most popular cheers has filed a trademark suit against the state and the team. NFL Properties LLC, which deals with National Football League trademarks, …
Chances remain high for major spring flooding in some Minnesota cities along rivers as a heavy winter snowpack melts, the National Weather Service said. But city officials remain confident their towns can handle high water that might approach 2001 flood …
The White House has approved Oklahoma Gov. Brad Henry’s request for a major disaster declaration for the Jan. 28 ice storm. Under the declaration issued March 5, 25 counties will receive public assistance for expenses related to response to and …
American International Group Inc. will receive a termination fee of $230.6 million if the sale of its Asian life insurance business to Britain’s Prudential PLC falls through. In a filing with the Securities and Exchange Commission late Friday, AIG said …
Criticism of the Kentucky League of Cities is mounting over a state audit that criticized its spending, and some member cities are withholding their dues. The Lexington Herald-Leader reported that some cities are displeased the KLC is keeping Deputy Director …
New Jersey-based insurer Selective Insurance Group Inc. has made several executive promotions. Anthony D. Harnett has been promoted to to senior vice president, corporate controller. Harnett joined Selective in September 1999 as a senior accountant and held various finance positions …
A mining foreman accused of forging safety inspection reports at a West Virginia coal mine says his boss put profit ahead of potential danger, telling him to stop production and evacuate the mine only if a federal inspector was watching. …
Boston-based risk modeling firm AIR Worldwide estimated that the insured losses from the winter storm that struck the East Coast between February 23 and 28 will be between $150 million and $350 million. Total Insured losses from two prior storms …
Some fear a proposed amendment to a drunken driving bill would make it easier for DUI offenders to avoid getting a device that prevents them from starting their vehicles if they have had too much to drink. That’s because the …
