The Insurance Industry Charitable Foundation Western Division based in Walnut Creek, Calif., announced it has awarded and distributed more than $175,000 in grants to 23 community nonprofits in its first quarter. The Western Division focuses its grant making in four …
The Washington Legislature has approved a bill that would shift $10 million from the state’s Office of Insurance Commissioner Regulatory Account to the State General Fund — a move that insurers oppose. Legislators decided in Senate Bill 6444 to shift …
The Travelers Cos. Inc. reported net income for the first quarter 2010 dropped just $15 million, to $647 million in Q1 2010, compared to $662 million in Q1 2009. Operating income in the current quarter declined as well to $631 …
Huntington Beach, Calif.-based Fiesta Auto Insurance, a franchise system to combine insurance and tax preparation under one roof, announced it has opened 20 new locations during the past 90 days. The company’s unprecedented growth phase has increased its presence to …
British Prime Minister Gordon Brown said any bank found guilty of wrongdoing could have to pay millions of dollars in compensation. Britain this week launched a probe into alleged fraud by Goldman Sachs after the United States accused Wall Street’s …
The financial crisis and its aftermath may yet revive the political career of disgraced former New York Governor Eliot Spitzer, the author of a new book about Spitzer says. Other politicians might have been finished by the scandal surrounding Spitzer, …
The economic impact of the volcanic cloud halting flights across Europe will increase sharply the longer disruption continues, forcing holiday cancellations, delaying deliveries and reducing jet fuel demand. African exporters of flowers and vegetables by air to European supermarkets, technology …
Jeffery Stone and his wife Janette Diller Stone, one-time operators of a now-defunct New York investment firm called Crescent Fund, are not on any government most wanted list. And they aren’t exactly hiding, either. But the former Greenwich, Connecticut, residents …
A federal appeals court has ruled that an insurance company has no duty to defend against class action lawsuits filed in Illinois targeting the company’s insured, a Chinese manufacturer of toys sold in the United States that were found to …
Norman-Spencer and Western Marine Insurance Services announced that Paul Sexton has joined the organization as vice president of boat/yacht product development and distribution. He will be responsible for the development of a new boat/yacht program and national distribution strategy, primarily …
