Euler Hermes ACI, the US subsidiary of the Euler Hermes group, a global credit insurance provider, has issued its latest analysis of the global economy which concludes that although the IMF outlook remains positive, “negative factors loom.” Euler Hermes said, …
Two title insurance agents who allegedly tried to hide more than $1.2 million in financial transactions in order to fund personal purchases of homes, property and a boat were arrested last week in Lehigh Acres, Fla., according to officials. Florida …
A Billings, Mont., insurance agent has pleaded guilty to issuing $160,000 in construction bonds on behalf of two insurance companies and keeping the premiums. Michael D. Hutton, 59, also acknowledged that he forged customers’ names on premium financing agreements to …
An Espanola, N.M., insurance agent has been charged with embezzling more than $52,000 from his clients. A grand jury indictment of 60 criminal counts was filed Friday against Dennis O’Brien in district court in Santa Fe, N.M. O’Brien was named …
Thomas D. England is now senior vice president with Key Risk Management Services in Greensboro, North Carolina, a workers compensation subsidiary of W.R. Berkley Corp.. He will be responsible for client services provided by the firm’s Alternative Risk Services division. …
A former handyman from North Providence, Rhode Island, who won more than $400,000 in a lawsuit over a malfunctioning penile implant may not get the money after a judge dismissed his claim. Superior Court Judge Edward C. Clifton last week …
Flooding in Kentucky brought on by heavy rains over the weekend that caused at least eight deaths continued to subside, though some residents remained shut out of their homes due to high water as late as Sunday. At least six …
A jury has awarded a local Vermont homeowners’ association $3.3 million after finding a developer and Winhall Real Estate Inc. violated the Vermont consumer fraud act. The homeowners’ association filed suit in 2001 arguing that Theodore Cetron and the company …
The parents of a severely brain-damaged New Hampshire boy will be awarded $5 million to pay for his long-term care, under a settlement of a lawsuit filed against the doctor and nurse who handled the boy’s delivery at Melrose-Wakefield Hospital. …
Some of the top auto insurers in the nation are reducing rates in Virginia. The reasons range from high gas prices to more sophisticated technology with which companies can calculate the risks of insuring particular drivers. The effect of tougher …