Now that regulators in Washington have unfurled a hefty reform package of post-financial crisis capital regulations, banking industry advisers are honing in on what they consider most disruptive, including risk management requirements that could affect real estate lending, consumer credit …
WCF Insurance appointed Jan Frank to the company’s board of directors for a four-year term. Frank’s experience in the trade spans almost three decades. Most recently, she was chair, CEO, and president of Pacific Compensation Insurance Company, a California specialty …
Three New York legislators said they plan on pushing bills next year that would bar property insurers from requesting information about subsidized housing, a practice that discriminates, an NYC news outlet reported. The Gothamist, a non-profit news organization affiliated with …
A judge has ordered criminal charges dropped against the final executive accused of lying about problems building two nuclear reactors in South Carolina that were abandoned without generating a watt of power. The judge tossed the charges Wednesday because ratepayers …
Carlyle Group Inc. is engaged in a “critical strategic effort” to manage costs and boost profit margins, Chief Executive Officer Harvey Schwartz said Wednesday after the firm posted a 26% drop in second-quarter earnings. Some of the volatility was attributed …
A beloved bookstore in Vermont`s small capital city moved across the street to a new spot farther from the Winooski River after an ice jam sent river water into the store in 1992. A nearby office supply and gift store …
H.W. Kaufman Group Appoints Janis as General Counsel H.W. Kaufman Group, headquartered in Farmington Hills, Mich., hired David R. Janis as general counsel and a member of the company’s leadership team. For nearly 20 years, Janis has worked as a …
Cleanup from a chemical spill and fire near Interstate 24 in Tennessee will take several days, after the interstate was shut down and nearby homes evacuated overnight on Thursday. Emergency responders were called to the scene just after 9 p.m. …
A Texas appellate court threw out a trial court order that approved a plaintiff’s overly broad discovery request in an employee’s personal injury lawsuit against Home Depot. A panel of the 9th Court of Appeals in Beaumont vacated a judge’s …
The A.M. Best financial rating firm has downgraded the financial strength rating of the Alabama Municipal Insurance Corp., citing weather losses as well as law enforcement liability costs. “AMIC’s law enforcement liability segment has been impacted by claims going to …