A former stockbroker accused of running a $21 million Ponzi scheme from his suburban Denver home for 15 years has pleaded guilty to felony mail fraud. Shawn Merriman entered the plea Wednesday in federal court in Denver. The 46-year-old faces …
Need a cab ride home this holiday season? A break on a hotel room to spend the night? Or just help figuring out if you’re too buzzed to drive home? The Colorado Department of Transportation is trying to help partygoers …
An insurance company has won a victory over one of its former West Virginia agents who claimed the insurer violated state antitrust law when it cancelled his contracts to sell its life and property/casualty insurance products. The ruling by the …
Northwestern Pennsylvania’s largest city may ban cell phone use by drivers. Erie City Council had scheduled a public hearing Wednesday morning and could vote on preliminary approval of the ordinance afterward. The ordinance would have to be ratified by a …
With a recent check showing that fewer than 1 in 4 of the buildings in the Green River flood plain have federal flood insurance, state Insurance Commissioner Mike Kreidler is strongly urging more owners and renters to buy flood coverage …
Police in Alcoa say their beer sting was a complete failure. They’re delighted. Authorities had an underage person try to buy beer from 27 businesses, including convenience markets, restaurants and food stores. The youngster was turned down by clerks at …
Ironshore Specialty Casualty added pre- and post-event crisis management coverage to enhance policy offerings. Ironshore’s newest program, Crisis ThreeSixty, provides for a crisis management assessment once the policy is written, assisting clients in understanding and anticipating how best to manage …
Quincy, Mass.-based Arbella announced the start of the second year of the Arbella Insurance Group Charitable Foundation “Let’s Drive Out Hunger” program. The program will run from Dec. 1 through the end of Feb. 2010. The program is designed to …
The U.S. House of Representatives passed a permanent extension of the federal estate tax on Thursday, but the measure, which taxes estates at rate of 45 percent after exempting the first $3.5 million, is likely to be changed in the …
The National Council on Compensation Insurance Inc. (NCCI) has recommended an average decrease of 7.6 percent for Nevada workers’ compensation insurance, due to reduced claims for workers’ compensation, which may be partly attributable to increased workplace safety. The proposed changes …
