Author Archives: Editor - Finance Top Stories

V3 Launches Community Association Package Program

V3 Insurance Partners LLC has launched V3 CAPP+, a new package program for condominium homeowner associations, cooperative apartments and office condominium associations. V3 CAPP+ is backed by Hiscox Insurance Co., Inc. The multi-line policy is designed to cover the needs … Continue reading

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Lockton Hires Gelot as Senior VP in New York

Marie-France Gelot Lockton Companies hired Marie-France Gelot as senior vice president and insurance claims counsel with the Lockton Financial Services Group. Gelot is based in Lockton’s New York office. In her new role, Gelot will work with Lockton’s financial institution … Continue reading

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Page Joins Southwest Risk as VP, Broker in Dallas

Southwest Risk LP has added Robin Page as a vice president and broker in the company’s Dallas office. Page began his insurance career with Chubb in 1973 as a property, inland marine and package underwriter in Dallas. He also has worked … Continue reading

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Former Ohio Agent Sentenced for Insurance Fraud, Theft

A former Ohio insurance agent was sentenced in early May after pleading guilty to insurance fraud and theft, Lieutenant Governor Mary Taylor announced. Former McConnelsville insurance agent James Brent Whitehouse was sentenced in the Morgan County Court of Common Pleas … Continue reading

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McDonald’s strategy for improving food: toast the buns longer

McDonald’s Corp. is toasting its sandwich buns longer and changing how it sears and grills hamburgers, part of an effort to reinvigorate growth with “hot, tasty food.” The increased toasting time makes the sandwiches hotter, while the new grilling technique … Continue reading

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Moonves: CBS expects deal with Apple on TV

CBS (NYSE: CBS)is in talks with Apple (NASDAQ: AAPL)about offering content on Apple’s revamped TV offering, CBS CEO Les Moonves said Wednesday. When asked whether he would consider a deal with Apple-which is working to update its Apple TV product-Moonves … Continue reading

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BlackRock’s Fink says biggest risk isn’t China or interest rates: It’s us

Larry Fink may not be a household name but he’s certainly one of the most powerful men on Wall Street—and in all of American business. He’s also a man steeped in parsing risk, someone who sees around corners to succeed. … Continue reading

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Here’s where Rick Santorum gets his campaign money

Rick Santorum seems undaunted by money. Other people’s money, that is. The former Pennsylvania senator was heavily outspent when he ran for the Republican presidential nomination in 2012. He may face a similar spending shortfall now that he’s declared his … Continue reading

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Marcell Exits Guy Carpenter; Newhouse Named Interim CEO of U.S. Operations

Reinsurance specialist Guy Carpenter Co. has appointed of Britt Newhouse, chairman, to the additional role of interim CEO of U.S. Operations.  This appointment is effective immediately. At the same time, the firm announced the departure of Andrew Marcell, former CEO … Continue reading

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Clean Up Underway for Mississippi County Hit by Tornado

A little more than four years after a powerful tornado destroyed most of Smithville, Miss., Monroe County residents are cleaning up from another twister. Monroe County Emergency Management Agency Director Robert “Bunky” Goza said no one was killed or injured … Continue reading

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