In the wake of Hurricane Katrina and amidst the ongoing recovery effort, the Mississippi Emergency Management Agency (MEMA) and federal officials reported the funding of a $6.6 million grant program to help protect against another natural disaster frequent in Mississippi …
A Groton, Massachusetts man has pleaded guilty to charges he submitted false documents to an auto insurer to collect insurance money, Attorney General Tom Reilly announced. Peter Lombardini, 48, of Groton, pleaded guilty Dec. 27 to one count each of …
USI Holdings Corp. reported the acquisition of the Walpole, Massachusetts-based Mahoney & Associates Insurance Brokers Inc. This acquisition is expected to contribute approximately $800,000 in revenue to USI on an annual basis. Mahoney & Associates Insurance Brokers Inc., which has …
The Delaware General Assembly will have a full plate of insurance issues on its agenda when it reconvenes on Jan. 10, according to Richard Stokes, regional manager for the Property Casualty Insurers Association of America (PCI). In 2006 state lawmakers …
The record total of homeowners insurance claims payments resulting from the 2005 hurricanes in Mississippi is reportedly enough to wipe out all homeowners premiums paid in the state during the past 17 years. The magnitude of the loss will force …
The dominant position of large market leaders combined with new marketplace developments will cause dozens of insurers to exit the personal property/casualty industry over the next few years, according to a new study by Conning Research and Consulting Inc. “We …
Integro in New York has appointed Gregory DiPrato and Valerie Schmalzried as managing principals for the company’s Property Practice. DiPrato has more than 26 years of property brokerage experience, most recently serving as an executive vice president for Aon’s National …
Insurance Journal has launched IJ Broadcasting, an enhanced section on its Web site for multimedia content that will include video and audio interviews, current news and features, educational workshops and other industry-related information. IJ Broadcasting is also pioneering by making …
New legislation, SB 969 has been introduced by Sen. Denise Ducheny, D-San Diego, to permit motorcyclists 18 years and older to ride without helmets if they can show proof of having medical insurance. The bill is scheduled to be considered …
