For most of his life, Zach Scruggs has benefited from his last name. As a partner in his father Richard “Dickie” Scruggs’ law firm, the younger Scruggs is entitled to millions in legal fees and the acclaim of working with …
Continental Western Insurance Co. has announced an $18 million expansion to its suburban Des Moines, Iowa location. Continental Western and its parent company, Connecticut-based W.R. Berkley Corp., are negotiating the purchase of nearby building from Allied-Nationwide Insurance for a National …
In Georgia, DeKalb County authorities are investigating the cause of an explosion and fire at a strip mall in Stone Mountain early Monday. No injuries were reported in the fire that began with an explosion in a building on Memorial …
The Federal Emergency Management Agency is reviewing an appeal of a decision that floods last month in two eastern Illinois counties weren’t severe enough to merit disaster-area status. FEMA spokesman Aric Schmidt says there’s no deadline to finish the review. …
Unity Raceway in Skowhegan, Maine is being sued by a former auto racing television host who was badly injured during an accident two years ago. John Crawford’s lawyer says the Mainely Motorsports host suffered permanent injuries after a car went …
Republican U.S. Rep. Rick Renzi of Arizona has been indicted on a slew of public corruption charges and for stealing from his insurance company’s clients to fund his first campaign, federal authorities announced. The 26-page indictment issued last Thursday culminated …
Attorneys for two municipal pension funds have filed a lawsuit against Yahoo Inc. and its board of directors, saying they breached their duties to shareholders of the Internet pioneer in trying to thwart a takeover by software giant Microsoft Corp. …
A woman who had her medical insurance coverage canceled as she was undergoing treatment for breast cancer has been awarded more than $9 million (euro6.06 million) in a case against one of California’s largest health insurers. Patsy Bates, 52, a …
Standard & Poor’s Ratings Services indicated that its financial strength and long-term counterparty credit ratings on Japan’s Aioi Insurance Co. Ltd. (‘A+’ – stable outlook) “would be unaffected by additional subprime-related losses or company forecasts of a net loss for …
Standard & Poor’s Ratings Services announced several rating actions on a number of monoline bond insurers “following additional stress tests with respect to their domestic nonprime mortgage exposure.” S&P listed its actiuons as follows: — The financial strength ratings on …