Dewey Case Ends with Hung Jury; Top Execs Avoid Jail

Three former top executives of Dewey & LeBoeuf LLP avoided potential prison terms after a Manhattan jury failed to agree on whether they lied to investors in the run-up to the largest law-firm bankruptcy in history. The mistrial followed weeks … Source: Insurance News

Obama Administration Considers Drone Registry

The Obama administration is taking the first steps to require that buyers of drones register the unmanned aircraft with the government to combat a growing safety threat, according to a person familiar with the proposal. The U.S. Transportation Department will … Source: Insurance News

People’s United Insurance Agency Acquires Kesten-Brown in Connecticut

People’s United Bank N.A., a Bridgeport, Connecticut-based regional bank with nearly 400 retail locations in six states, announced that its subsidiary, People’s United Insurance Agency, has acquired Kesten-Brown Insurance, a Bridgeport, Connecticut-based insurance brokerage. People’s United Bank said the acquisition … Source: Insurance News