U.S. Treasury Secretary Timothy Geithner said on Thursday that opponents of financial-sector reform were trying to sabotage efforts to strengthen the system against crisis. “With millions of Americans still struggling to find work…and even in the face of the European …
A prominent Russian lawyer said Wednesday he will challenge the powers of a regional aviation watchdog following a crash that killed an entire Russian professional ice hockey team and other recent air disasters that have raised concerns about the nation’s …
A settlement has been reached in a lawsuit brought by a former community college president against the Kentucky Community and Technical College System. Under terms of the settlement, former Owensboro Community & Technical College President Paula Gastenveld will get $250,000, …
Genstar Capital LLC has completed its previously announced acquisition of Insurity, the former LexisNexis Insurance Software Solutions business, a provider of software and services to the property/casualty insurance industry. Genstar is a middle market private equity firm that focuses on …
Allied World Assurance Co. Ltd said it will commence writing reinsurance business in Malaysia from its Labuan branch. The official operating license was granted in July 2011 and will allow Allied World to write all classes of treaty reinsurance and …
Most U.S. health insurers last year would have satisfied the much-disputed spending rules under President Barack Obama’s healthcare reform, according to a new report by a congressional watchdog agency. The rules require insurers such as Aetna and UnitedHealth to spend …
A bicyclist who was injured when he hit a patch of ice and crashed on a pedestrian/bike path in Florence, Mont. last winter has reached an out-of-court settlement worth nearly $100,000. The president of the Florence Park District says he’s …
Scientists studying earthquake early warning in the United States have received a financial boost. A foundation this week awarded $6 million in seed money to the University of California, Berkeley, California Institute of Technology and the University of Washington in …
Appalachian Underwriters, Inc. (AUI) will be the exclusively endorsed workers’ compensation provider for the Independent Insurance Agents of Georgia. This organization includes 660 member agencies. AUI will utilize its Bulldog Comp product to provide coverage in Georgia. The agency believes …
Storefronts in Schoharie, N.Y., a quaint village flooded out by Tropical Storm Irene, remain mostly empty and temporary trailers are plunked down alongside grand old homes. A bank branch is serving customers from a truck and a government building’s hand-painted …
