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Vertafore Completes Acquisition by TPG Capital TPG Capital has completed the acquisition of Vertafore, a provider of software and services to the insurance industry. The deal was first announced on June 10, 2010. TPG purchased the company from ... July 29, 2010 9:41 PM
New York City Settles 50-Bullet Cop Lawsuit for $7M The city of New York has agreed to pay more than $7 million to settle a civil lawsuit stemming from the fatal 50-bullet police shooting of an unarmed man on his wedding day.
The settlement filed ... July 29, 2010 9:40 PM
Baltimore Restaurant Workers Awarded $34M after CO Leak A Baltimore jury has awarded $34.3 million to 23 employees of an Inner Harbor steakhouse who suffered brain damage as a result of carbon monoxide poisoning.
The plaintiffs worked for the Ruth's ... July 29, 2010 9:38 PM
ClearCount Medical, CNA HealthPro Expand Hospital Warranty Coverage ClearCount Medical Solutions and CNA HealthPro are working together to expand their insurance policy to provide both the dollar amount and types of expenses covered under ClearCount's Never Event ... July 29, 2010 6:10 PM
Seabright Has Q2 Net Loss of $15.5 Million SeaBright Holdings Inc. reported a second quarter net loss of $15.5 million or $0.74 per basic and diluted share, primarily due to the recognition of adverse development of prior years' loss ... July 29, 2010 7:28 AM
Connecticut Insurance Department Recovers $591K in Second Quarter The Connecticut Insurance Department said it recovered $591,000 last quarter for insurance buyers who complained to the state about coverage and claims issues.
Department staff received 1,761 new ... July 28, 2010 4:13 AM
Dougherty Named President of New Jersey Subcontractors Association William Dougherty has been named president of the New Jersey Subcontractors Association for its 2011 fiscal year.
Dougherty is executive vice president & COO for True and Associates, a ... July 28, 2010 4:05 AM
Fireman's Fund's LaRocco Elected to Juvenile Diabetes Research Foundation Board The Juvenile Diabetes Research Foundation (JDRF) has elected Mike LaRocco, president and CEO of Novato, Calif.-based Fireman's Fund, to the Greater Bay Area Chapter's Executive Board. LaRocco will ... July 27, 2010 3:09 PM
Kentucky's Arison Insurance Acquires Benefits Solutions Louisville, Ky.-based insurance and benefits broker Arison Insurance Services, Inc. has acquired London, Ky. based insurance broker, Benefits Solutions, LLC. The acquisition creates Arison's ... July 29, 2010 11:44 AM
Ratings Recap: Skandia, Al Fajer Re A.M. Best Co. has affirmed the financial strength rating of 'A '(Excellent) and issuer credit ratings of "a" of Sweden's Skandia Insurance Company Ltd. and Skandia Life Assurance Company Limited ... July 29, 2010 11:21 AM
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