Maryland became only the second state to make staging a car accident to steal insurance money a specific crime when Gov. Martin O’Malley signed a bill into law recently. According to the Coalition Against Insurance Fraud, the new law (HB …
Travelers Aviation Travelers has launched Travelers Aviation, a new unit targeting corporate and business aircraft, small to mid-size airports, aviation ground services and manufactured non-critical products used as aircraft components. In addition, Travelers Avitation will provide workers’ compensation coverage for …
Horse Tracks Nuts & Bolts: A program specifically tailored for horse tracks is available through American Specialty Insurance & Risk Services Inc. Coverages available include: general liability (participant legal liability, volunteers as additional insureds, sexual abuse / molestation); excess / …
Jury finds Brightpoint-AIG finite reinsurance deal violated SEC laws A federal jury in a civil case recently that a former Brightpoint executive violated U.S. securities laws by helping a colleague create a finite reinsurance scheme to conceal millions of dollars …
Alex Soto, president of the large InSource agency in Miami, and president of the Independent Insurance Agents & Brokers of America, is not afraid to speak his mind or criticize his own industry. He’s familiar with the continuing insurance crisis …
An aerial view of Cliff Walk along Newport, Rhode Island’s rugged coastline showing stately oceanfront mansions, behind gilded wrought iron fences and towering stone walls. (AP Photo/Elise Amendola) Perched on the picturesque Rhode Island coastline, the 11 Newport mansions are …
New York Superintendent of Insurance Eric Dinallo announced the appointment of 11 senior executives to positions on the Insurance Department’s leadership team. Kermitt J. Brooks has been named first deputy superintendent. As second in command, he oversees all the deputy …
25% The percentage of the District of Columbia’s fire hydrants that the District’s fire chief says need replacement or urgent repairs. $11.4 million The damage award for two victims as ordered by a Mineola, N.Y., jury in finding the Diocese …
About the Personal Lines Leaders: The Personal Lines Leaders in this special feature are taken from Insurance Journal’s Top 100 Property Casualty Independent Agencies as reported in April. This list utilizes only the personal lines numbers of agencies that submitted …
Insurance CEOs tell risk managers improving service continues to be a top priority When it comes to the service carriers and brokers provide to today’s risk managers, the quality of that service “stinks,” according to J. Patrick Gallagher Jr., chairman, …
