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AIG Ex-Chief Greenberg Sues Spitzer for Defamation

Former American International Group Chief Executive Maurice “Hank” Greenberg sued Eliot Spitzer on Friday, alleging the former New York governor defamed him in several statements to the press, according to the lawsuit. One Spitzer comment cited in the court filing …

‘SharkNado’ Impact on Los Angeles $100B!

It was a doozy. Flying, biting killer sharks literally whipped into a frenzy by freak tornadoes wreaked havoc on Los Angelenos. The catastrophe played out on the Syfy Channel on Thursday night, lighting up Twitter as the top trend all …

Leavitt Group to Buy United Valley; a Collective 150 Agencies in West

United Valley Insurance Services and Leavitt Group Enterprises have agreed to a merger, giving the two firms a collective 150 insurance agencies and counting under one owner. The deal was announced late Friday. Under the agreement, signed on June 26, …

GEICO to Host Job Fairs for Adjusters in Philadelphia, Pittsburgh Next Week

Auto insurer GEICO said it will host two job fairs for auto damage adjusters in Pennsylvania on July 16 and 18. On Tuesday, July 16, the first job fair will be held at Double Tree Hotel in Green Tree, located …

MarketScout Expands Private Client Services, Hires New Executive Leadership

MarketScout, the national electronic insurance exchange and specialty MGA with headquarters in Dallas, has expanded its nationwide specialty high-net-worth underwriting practice by bringing Brian Botwinick on board as senior vice president. Formerly a director with Quaker Special Risk, Botwinick will …

Indiana Melon Growers Face New FDA Rules after Salmonella Outbreak

Southwestern Indiana’s melon growers are facing new federal regulations following last year’s salmonella outbreak that killed three people who ate Indiana-grown cantaloupes. Workshops were recently held to educate melon farmers and their workers about the Food and Drug Administration’s new …

26 Motorcyclists Killed on Minnesota Roads This Year

The year so far has been a deadly one for motorcycle riders in Minnesota. The state Department of Public Safety says 26 motorcyclists have been killed on Minnesota roadways this year. Last year at this time, 18 riders were killed. …

Sandy-Damaged Homes in New Jersey Starting to Be Leveled

Along the New Jersey shore this year, the sounds of summer include earth-moving equipment still cleaning up the devastation wrought last year by Superstorm Sandy. Officials say knocking down the homes that are too damaged to repair is a key …

Insurance Committee Chairman Named CEO of Louisiana Health Cooperative

Louisiana Health Cooperative Inc. has a new chief executive. The company this week named state Rep. Greg Cromer, a Republican representing the Slidell area, to the post. Cromer says LAHC is a nonprofit that offers “guaranteed issue, quality health insurance.” …

Louisiana Woman Faces Murder Charge in Arson-for-Insurance Scheme

A woman accused of igniting a deadly bakery fire in Gretna, La., last month is facing murder charges after authorities said she torched her business in a scheme to collect insurance proceeds. Authorities say Lesly Martinez, 41, owner of Lesly’s …

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