West Virginia Gov. Joe Manchin’s proposal that the state Public Employees Insurance Agency consider charging higher premiums for overweight workers has drawn criticism. Gordon Simmons, an organizer for state Public Employees Union UE 170 says the proposal amounts to a …
Universal Property and Casualty Insurance Co. (UPCIC) reports it has received approval for a premium rate increase for its homeowners program in Florida. The premium rate increase, which will average approximately 14.6 percent statewide, was approved by the Florida Office …
John W. Hawie has been hired by Louisiana Workers’ Compensation Corporation (LWCC) as senior vice president and chief investment officer. He left a position as senior vice president and chief investment officer for Commerce Group in Webster, Mass., to take …
Some investors defrauded by epic swindler Bernard Madoff on Tuesday added accounting firm KPMG, JPMorgan Chase and Bank of New York Mellon to a civil lawsuit in a New York court, lawyer Joseph Cotchett said. The lawyer, who also named …
Three more people have been arrested in connection with an alleged staged accident ring in North Carolina, bringing the total to seven in what has been a two-year investigation in Rowland. Insurance Commissioner Wayne Goodwin announced the arrest of Barbara …
Brian Duperreault, president and CEO of Marsh & McLennan Cos. Inc., has extended his employment with MMC through January 2014. Duperreault has held this position since January 2008. Prior to joining MMC, Duperreault served as CEO and later chairman of …
Brian Duperreault, president and CEO of Marsh & McLennan Cos. Inc., has extended his employment with MMC through January 2014. Duperreault has held this position since January 2008. Prior to joining MMC, Duperreault served as CEO and later chairman of …
Deal making wasn’t at the top of the list of summer activities this season, but deal vacation was. Third quarter merger and acquisition (M&A) activity continued declining to just 30 announced transactions between July and September. This quarterly activity follows …
The Alabama Supreme Court last Friday threw out jury decisions awarding the state more than $274 million from three pharmaceutical companies, ruling they did not defraud the state in pricing Medicaid prescription drugs. The court overturned jury verdicts against the …
Hartford Financial Services Group Inc. named a former Bank of America Corp. executive to be its new CEO, and he already has plans to introduce enhanced risk management after record losses at the 199-year-old insurer. Liam McGee, former head of …
