News

Boston-based Celent Appoints Insurance Division Leader as New CEO

Celent, a financial and insurance IT advisory services and research firm and a unit of Oliver Wyman, appointed insurance division leader Craig Weber as the new chief executive officer. Weber replaces Mike Harding, who will stay as chairman at Celent. …

Former Florida CFO Gallagher Joins Law Firm

Former Florida Chief Financial Officer Tom Gallagher, and holder of several offices in the state, has joined the Fort Lauderdale law firm of Colodny, Fass, Talenfeld, Karlinsky & Abate, P.A., as a consultant. In 2003, Gallagher was elected the state’s …

General Star Teams up with Pearl for Accountants Program

General Star Management Co. will begin offering a new accountants professional liability program through Pearl Insurance effective Jan. 28. The program will be written on an admitted basis in 28 states with additional states anticipated in the future. Limits will …

Aon Benfield Appoints 2 in Asia Pacific Region

Aon Benfield announced two new appointments within its Asia Pacific division. Henry To will become non-executive chairman for Greater China. To has been with the firm for 30 years, having served most recently as chief executive officer of Aon Benfield, …

Aon To Move Corporate Headquarters to London

Global insurance broker, risk management and human resource consulting firm Aon Corp. announced that it will move its corporate headquarters from Delaware to London. The company said the move is as “an important step” in its global growth strategy. The …

2011 Vermont Traffic Deaths at Lowest Level Since 1944

The number of people who died on Vermont highways last year dropped 22 percent last year, to 55, the lowest number since 1944, officials said this week. The statistics released by Public Safety Commissioner Keith Flynn and other officials follow …

Virginia Gets $19M in Federal Funding to Fix Storm-Damaged Roads

Virginia is getting more than $19 million in federal funding to repair roads and bridges damaged by Hurricane Irene and Tropical Storm Lee. U.S. Transportation Secretary Ray LaHood announced the funding from the Federal Highway Administration’s Emergency Relief Program this …

New York Judge Drops Binladen Group as 9/11 Defendant

A Manhattan judge has dismissed a construction company founded by Osama bin Laden’s father as a defendant in Sept. 11 lawsuits brought by families of terrorism victims and others. Judge George Daniels dismissed the Saudi Binladen Group as a defendant …

Connecticut Governor Seeks Storm Exercises, Utility Standards

Connecticut Gov. Dannel P. Malloy announced this week that he will propose legislation that could lead to new performance standards for all utilities and could penalize them with fines if they fall short in their response to storms and other …

Judge Allows Suit Alleging GE Misled Investors

A federal judge refused on Thursday to throw out a lawsuit accusing General Electric Co and its chief executive of misleading investors about the conglomerate’s financial health and exposure to risky debt during the 2008 financial crisis. The decision by …

News Archives by Month