New Hampshire Business Review - October 13 2006

N.H. weighs probe into health insurer

A Texas-based low-cost health insurer, under fire from the Massachusetts attorney general’s office, is now being scrutinized by the New Hampshire Insurance Department. Massachusetts Attorney General Thomas F. Reilly filed suit Oct. 23 in Suffolk County Superior Court, alleging that…

Portsmouth firm helps track avian flu

Global Relief Technologies of Portsmouth has been retained by the Department of Defense to help track the occurrence of avian flu in Southeast Asia and the Pacific Rim. Under a $3.5 million contract, GRT will provide Marine Corps field crews…

EPG issues private placement of $15m in stock

Environmental Power Corporation announced Tuesday that it would privately place convertible preferred stocks and warrants to purchase $15 million in common stock, issuing 281,241 units. Each unit in the Portsmouth-based developer of renewable energy production facilities will consist of one…

Verizon increases wireless coverage

Verizon Wireless announced Oct. 20 that it has installed a new cell site in Peterborough, increasing the coverage along Routes 101, 202, 123 and surrounding areas. The company said the network expansion is part of its $300 million network investment…

Bottomline pay packages revealed

Bottomline Technologies CEO Joe Mullen received a compensation package worth $1.89 million last fiscal year -- at least at the time he received it -- according to the Portsmouth payment software company’s proxy released on October 19. That’s because most…

Grant supports watershed education

New Hampshire may have more salmon in its rivers and more students versed in the care and preservation of the state’s waterways, thanks to a $39,000 grant recently awarded to Amoskeag Fishways by the Environmental Protection Agency. During an Oct.…