A former president of the North Providence town council has agreed to plead guilty to charges in an insurance fraud scheme involving a local radio host. Prosecutors say Robert Ricci conspired with another former North Providence councilman, John Zambarano, insurance …
Business groups last Thursday praised proposed legislation that changes workers’ compensation laws in ways that lower employer costs, while workers and the lawyers who represent them complained the victims of workplace accidents could be cut off from their only income. …
Veterans, military families and others who oppose a decades-old law that shields military medical personnel from malpractice lawsuits are rallying around a case they consider the best chance in a generation to change the widely unpopular protection. The U.S. Supreme …
Aside from maybe the odd cheeseburger stain on his tie, nothing much sticks to Warren Buffett. Whether his underlings are convicted of helping insurance companies inflate results or a major company he helps oversee is sanctioned for accounting shenanigans, his …
Five former members of a volunteer fire department in Jefferson County, West Virginia have been charged with arson and conspiracy. The Journal reported that a grand jury indicted the men last week. One former firefighter also is charged with petit …
Somali pirates have freed a Greek-owned, Cyprus-flagged ship they seized in January after receiving a ransom payment, the pirates and a piracy monitoring group said. The pirates said they had released MV Eagle, a 52,163 deadweight ton merchant vessel and …
Japan will send nearly 25,000 soldiers backed by boats and aircraft into its disaster zone Monday on an intensive land-and-sea mission to recover the bodies of those killed by last month’s earthquake and tsunami, the military said. Agriculture officials also …
The first quarter of 2011 reminded the insurance industry of just how unpredictable natural catastrophes can be. Beazley plc, which is headquartered in Dublin, but whose main activities, are in the Lloyd’s market, and increasingly in the U.S., saw Q1 …
Germany’s Allianz has reconfirmed its commitment to catastrophe bonds, as a useful and generally accepted method of transferring a certain amount of risk to the capital markets. It underlined that commitment with the announcement of the closure of a new …
California Insurance Commissioner Dave Jones has approved a filing by Sequoia Insurance Co. to offer Pay-as-You-Drive auto insurance coverage. The Monterey, Calif.-based firm joins Automobile Club of Southern California and State Farm Mutual Automobile Insurance in offering this program to …
