Hanover Insurance’s Q3 Net Income Falls 10% to $55M

The Hanover Insurance Group Inc. reported $54.9 million net income for its 2014 third quarter, a 10.4 percent decline compared with $61.3 million net income during the third quarter of 2013. The Worcester, Massachusetts-based insurer’s earnings were dampened by what … Continue reading


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D.C. Council Passes Bill Regulating Rideshare Firms

The D.C. Council has approved a bill that regulates popular ridesharing companies such as Uber and Lyft. The bill gained initial approval on Tuesday by a 12-1 vote. Among other things, it would require that drivers for smartphone-based vehicle-for-hire services … Continue reading


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Selective Insurance’s Q3 Profit Rises 63% to $53M

Selective Insurance Group reported $53.2 million net income for its 2014 third quarter, a 62.7 percent increase from $32.7 million net income during the third quarter of 2013. Operating income for the third quarter was $43.3 million, up 81.2 percent … Continue reading


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Integro Hires Stearns as Global Marine Practice Principal in New York

Insurance brokerage and risk management firm Integro hired Robert Stearns as a principal for the firm’s Global Marine practice in New York. He is responsible for the design, structure, placement and servicing of marine liability and marine hull insurance programs. … Continue reading


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Average US 30-year loan rate up to 3.98 pct.

WASHINGTON (AP) — Average U.S. long-term mortgage rates arrested their five-week decline this week but the benchmark 30-year loan remained below 4 percent. Mortgage company Freddie Mac said Thursday the nationwide average for a 30-year mortgage rose to 3.98 percent … Continue reading


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Ex-Mayer Brown CIO Gets 27 Months in Prison

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DLA Piper, Proskauer, S&C in Big Lights as NBA Season Begins

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Mortgage Rates at 3-Week Highs After Fed Ends QE

Mortgage rates rose to the highest level in 3 weeks after today’s Fed Announcement.  The move was a two-part process with initial rate sheets being weaker in the morning and mid-day reprices (lenders raising rates) following the Fed.  The pace … Continue reading


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Mortgage Rates Recover Slightly; Holding Near 4 Percent

Mortgage rates pulled back to hold near 4 percent after rising to the highest levels in 3 weeks.  After yesterday’s Fed announcement, the most common rate quotes were at risk of edging up to 4.125% for top tier borrowers.  While … Continue reading


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UK can be sued over rendition case

30 October 2014 Last updated at 15:28 Mr Belhaj was an opponent of then-Libyan leader Col Muammar Gaddafi at the time of his rendition A Libyan man can sue the UK government over claims he was illegally sent back to … Continue reading


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Miliband admits Scottish ‘challenge’

30 October 2014 Last updated at 21:24 Please turn on JavaScript. Media requires JavaScript to play. … Continue Reading »


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Maine bid to force nurse quarantine

30 October 2014 Last updated at 20:20 Please turn on JavaScript. Media requires JavaScript to play. … Continue Reading »


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