August 17, 2009
Kenneth Feinberg, the Obama administration’s pay czar, said on Sunday he has broad and “binding” authority over executive compensation, including the ability to “claw back” money already paid, and he is weighing how and whether to use that power. Feinberg …
August 17, 2009
Federal officials announced the indictment of a Miami man in what they say is the largest identity theft ring ever exposed in the U.S. Albert Gonzales, 28, was indicted for conspiring to hack into computer networks supporting major American retail …
August 14, 2009
Reconstructions of past hurricane activity in the Atlantic Ocean indicate that the most active hurricane period in the past was during the “Medieval Climate Anomaly” about a thousand years ago when climate conditions created a “perfect storm” of La Niña-like …
August 13, 2009
The Massachusetts Appeals Court has ruled an insurance company must pay the government for its remaining losses from a $9.4 million theft from the Treasury in the late 1990s. The theft remains the largest loss of state money in Massachusetts …
August 12, 2009
Massachusetts is opening its first Registry branch on the Turnpike. The change comes amid a consolidation drive that includes closing 11 Registry of Motor Vehicles branches. The one in Southbridge closed Friday. It’s being replaced by a branch in the …
August 11, 2009
ProMutual Group has promoted José R. “Joe” Zorola to vice president of underwriting. Zorola previously served as director of underwriting for the Boston-based medical liability insurer. In this new capacity, Zorola will continue to oversee the department and will assume …
August 10, 2009
A three-alarm blaze destroyed a vacant Massachusetts boat yard and caused several million dollars in damage, fire officials said Friday. The fire damaged Melanson’s boat marina and bait shop, three boats and several vehicles inside the building, State Fire Marshal …
August 7, 2009
A Massachusetts man whose wife was killed by a construction worker at a fast food restaurant has settled a wrongful death lawsuit even as a jury weighed the case. A lawyer for Thomas Miller tells The Telegram & Gazette newspaper …
August 5, 2009
Northeast personal lines insurer Plymouth Rock Assurance Corp. reported that Chris Olie will assume the role of president, a position currently held by Hal Belodoff. Belodoff will become chairman of Plymouth Rock Assurance Corp. and will continue his role as …
August 5, 2009
Investigators are still trying to determine the source of noxious fumes at a Massachusetts trash disposal facility that sent 119 people to hospitals, including two who were listed in critical condition. Police and fire officials said as many as 10 …