Commercial Record E-News


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Coldwell Banker Hits The Markiewicz
Monday, September 29, 2008 (165 reads)

Katherine Markiewicz has joined the New Canaan office of Coldwell Banker Residential Brokerage as a sales agent.

Regulators Crack Down On Banker’s Life And Casualty
Friday, September 26, 2008 (449 reads)

The Connecticut Insurance Department has slapped a $100,000 fine on Illinois-based Banker's Life and Casualty Co. for failing to adequately train and monitor its Connecticut agents.

A Rare Foreclosure Pops Up In Greenwich
Friday, September 26, 2008 (605 reads)

Hold on to your ascot – wealthy Greenwich is experiencing a rare foreclosure auction of a mansion in its prized back country.

Stamford To Get A Piece Of California Love
Friday, September 26, 2008 (135 reads)

San Diego property/casualty insurance consulting firm EMB is celebrating its 15-year anniversary with a planned expansion in Stamford.

Travelers Likes Ike Victims, Offers Payment Relief
Friday, September 26, 2008 (110 reads)

Property insurance giant The Travelers Cos., which has significant operations in Hartford, is offering payment relief to policyholders affected by Hurricane Ike.

Bailout Pressure Mounts As WaMu Closure Chills
Friday, September 26, 2008 (178 reads)

Pressure mounted on lawmakers today to agree on a $700 billion financial rescue plan after talks at the White House broke down in acrimony and the biggest bank closure in U.S. history roiled global markets.

GE Slashes Earnings Outlook
Thursday, September 25, 2008 (331 reads)

Reflecting “unprecedented weakness and volatility in the financial services markets,” Fairfield-based General Electric cut its earnings guidance for the third quarter from between $.50 and $.54 per share to between $.43 and $.48.

Emcor Head Sets Up For Stock Windfall
Thursday, September 25, 2008 (150 reads)

Frank T. MacInnis, chairman and chief executive officer of Norwalk mechanical and electrical contractor Emcor, has filed plans to cash in stock options with a potential value of more than $7.75 million.

'Tremendous Progress' Made On Bailout
Thursday, September 25, 2008 (164 reads)

Congress is making "tremendous progress" on a U.S. bank bailout bill, U.S. Rep. Paul Kanjorski, D-Pa., the chairman of the House of Representative's subcommittee on capital markets, told CNBC Thursday.

Greenwich REIT Named To S&P Index
Thursday, September 25, 2008 (157 reads)

Urstatdt Biddle Properties, a Greenwich REIT, has been added to the S&P SmallCap 600 Index, effective at the close of the market September 26.