News

Justice Department to Charge Boeing, Seeks Guilty Plea From Planemaker

The US Justice Department will charge Boeing Co. with criminal fraud, leaving the planemaker to choose between pleading guilty or taking the risk of going to trial, according to people familiar with the matter. Boeing has until the end of …

Wall Street’s Top Regulator Faces Worsening Battle in Wake of Supreme Court Ruling

The Supreme Court’s move to curb federal agency powers could curtail efforts by the U.S. Securities and Exchange Commission to establish new rules to police Wall Street and invite more litigation, legal experts said in the wake of Friday’s landmark …

CDK Expects All Dealers to Be Live by Early July 4

CDK said on Monday it anticipates all dealers to be live on its dealer management system (DMS) by late July 3 or early morning on July 4. The company, which provides software to car dealerships, had briefly shut down all …

Rhode Island Guarantees Domestic Workers Minimum Wage, Not Workers’ Compensation

Domestic workers in Rhode Island will now be paid the state’s minimum wage under a bill signed into law by Democratic Gov. Daniel McKee. Traditionally, domestic workers haven’t been given that protection as the Rhode Island minimum wage has increased …

Miners’ Union Head Calls House Effort to Block Silica Dust Rule an Attack on Workers

CHARLESTON, W.Va. (AP) — The head of the national mine workers’ union on Friday condemned what he characterized as an effort by House Republicans to block enforcement of a long-awaited federal rule directed at curbing workers’ exposure to poisonous, deadly …

Career Criminal Sentenced on More Insurance Fraud Charges in South Carolina

A South Carolina man with a long criminal history has pleaded guilty to multiple insurance fraud and identity fraud schemes that had netted him more than $139,000. Marcus Blair, of Florence, South Carolina, has been convicted 18 times previously and …

Patronis Names GEICO Claims Director to FIGA Board

The Florida Insurance Guaranty Association now has an auto insurance representative on its board. Florida Chief Financial Officer Jimmy Patronis announced last week that he has appointed D. Ryan West, the senior director of physical damage claims at GEICO, to …

Biden Seeks $3.1 Billion to Rebuild Baltimore’s Key Bridge

The White House is seeking roughly $4 billion in additional emergency funding from Congress for costs related to the collapse and repair of the Francis Scott Key bridge in Baltimore and to respond to other disasters that have occurred around …

Arthur J. Gallagher Acquires Cornerstone in California

Arthur J. Gallagher & Co. acquired Rancho Cucamonga, California-based Cornerstone Commercial & Personal Insurance Services Inc. Phil Hakopian, Allison Hakopian and their team will remain in their current location under the direction of Scott Firestone, head of Gallagher’s Southwest region …

Relation Insurance Acquires York Insurance in Maryland

Insurance brokerage Relation Insurance Services reports it has acquired the assets of York Insurance Services, Inc. in Forest Hill, Maryland. The transaction went into effect on May 31, 2024. Terms of the transaction were not disclosed. York owner Butch Tilley …

News Archives by Month