Michael Schwartz

Michael Schwartz is the editor of Richmond BizSense, and covers banking, lawsuits, finance, M&A and golf. He can be reached at [email protected] or 804-855-1037.

The doctor will see you…eventually

The average wait time at Virginia emergency rooms was more than 4 hours, according to a recent study. Virginia had the 13th highest average ER wait time in the nation in 2009, according to the Emergency Department Pulse Report: Patients Perspectives on American Health Care released late last month by Press Ganey Associates, a health… Read more »

Whoa Nelly

Markel subsidiary to buy French horse insurer.

ColonialWebb sold to Texas company

A Richmond-based mechanical and electrical contractor has sold to a publicly-traded giant, and a local M&A shop helped assemble the deal.

Local credit union reaches $2 billion in assets

An 82-year-old credit union reached and surpassed the $2 billion asset threshold during the second quarter and in the process became the third largest credit union in the state.

Bank deal now in hands of regulators

Bank of Virginia shareholders last week voted in favor of a deal that could bring the struggling bank fresh capital and some new leadership.

Richmond bank hit by counterfeiters

Check counterfeiters have gone after Franklin Federal Savings Bank in Glen Allen, according to an alert sent out today by the FDIC. The $995 million bank contacted the FDIC to report counterfeit cashier’s checks bearing its name are circulating, when in fact Franklin Federal does not actually issue cashier’s checks. Franklin Federal has eight branches… Read more »

Martin Agency asks the obvious question

Geico ads are funny again. Ad directors at the Martin Agency have found a new way to make audiences laugh, all in the hopes of driving business to a car insurance company.