Credit rating agency A.M. Best has affirmed the rating of MEMIC Indemnity Company, a subsidiary of MEMIC Group of Portland, Maine, with offices in Manchester, of A, according to a release by the insurance company.According to the ratings agency, MEMIC…
UBS Securities Inc. will pay the organization that once issued nearly all of New Hampshire's student loans $20 million, as part of the state Securities Regulation Bureau's largest securities fraud settlement to date. UBS also agreed to reimburse the bureau…
The New Hampshire Attorney General’s Office was asked in 2003 about freezing the assets of Financial Resources Mortgage Inc. -- more than six years before the Meredith firm went bankrupt.That bankruptcy could cost hundreds of investors millions of dollars in…
The New Hampshire Attorney General’s Office – currently conducting a review into how state agencies responded to the Ponzi scheme allegedly hatched by Financial Resources Mortgage Inc. of Meredith – itself received communications in 2003 from the New Hampshire Bureau…
Teresa Rhodes Rosenberger, director of government affairs for the Manchester-based law firm of Devine Millimet & Branch, has been named FairPoint Communications’ New Hampshire state president. In her new job, Rosenberger, whose appointment as FairPoint’s president was announced Monday, will…
According to the U.S. Department of Labor’s Bureau of Labor Statistics, the temporary help services sector added 47,000 jobs nationally in December. And since July, employment in the sector has increased by 166,000.According to data released by the New Hampshire…
Q.Clean Green Energy Systems LLC, a development-stage company in the greater Salem area, is looking for ways to commercialize its break-through understanding of photosynthesis in seaweed and how that process can be used to produce low cost, low carbon energy…
Will paying people who are working out of the state’s unemployment trust fund paradoxically stop the fund from hemorrhaging?Yes, say state officials, and they might be right — but to a small degree. The programs won’t save that many jobs,…
NHBR's editors recently met at the Hannah Grimes Center in Keene with businesspeople from around the region to get their take on how the region's economy is faring during the recession, and what their expectations are for the future.The participants…
Unitil Corp. won't have to pay a nearly $5 million fine for taking too long to restore power for its Massachusetts electric customers during the 2008 ice storm, but it will have to take a loss for about the same…
