Regional news: 
Archive for August, 2010
HONG KONG — Every day, national and local officials, municipal utilities, corporations, homeowners and consumers are weighing the risks and rewards of adopting renewable energy. The up-front costs can be ... Read → Read Story
A California man was sentenced to 70 months in prison and ordered to pay $2.9 million in restitution to the Internal Revenue Service for his role in a Ponzi scheme involving a bogus foreign currency exchange investment fund. Read Story
American International Group appears to be making progress toward paying back the remainder of what it owes on the $182.3 billion federal bailout. Read Story
Bollinger, a Short Hills, N.J.-based firm and frequent buyer of insurance agencies, acquired David Szerlip and Associates of Berkeley Heights, N.J. Read Story
Genworth Life Insurance Co., part of Richmond, Va.-based Genworth Financial, will provide insurance for the Kansas State Employee Health Benefits Plan long-term care insurance program. Read Story
Medicare earned an estimated 12 additional years of solvency because of federal health reform, the Obama Administration said in a recent report. Read Story
Just 44% of U.S. insurers have their reinsurance administered by a dedicated department, according to a survey conducted on behalf of Inpoint Services. Read Story
The owner of an Essex County home health care agency and his wife pleaded guilty Aug. 4 for their roles in a scheme to defraud the Medicaid program out of $800,000. Read Story
Securities regulators in Pennsylvania and other states are warning investors to keep an eye out for "mutations of old schemes and themes" as con artists seek to profit from new federal financial reform legislation. Read Story
Four family members from Chesapeake, Va., were arrested for allegedly attempting to defraud life insurance companies out of millions of dollars by lying on applications for policies and having imposters take medical tests. Read Story
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