Two years after a fire killed five people in Barre, a new law aimed at preventing similar tragedies is in place in Vermont. Signed by Gov. Jim Douglas, the law requires the installation of photoelectric smoke detectors in new homes …
Venice, Fla.-based truck insurer, First Guard Insurance Co., reduced driver error claims by 25 percent through underwriting improvements, according to company officials. After observing an upward spike in claims during the fourth quarter of 2007, First Guard focused attention on …
The murder trial of a Waltham, Massachusetts, man accused of hiring a hit man to kill his estranged wife’s boyfriend is scheduled to start next week. James Brescia is accused of hiring ex-convict Scott Foxworth to murder his wife’s boyfriend, …
The notion that talking on a cell phone while driving a car isn’t safe seems obvious, yet what happens in the brain while it juggles the two tasks is not. A study by a University of South Carolina psychology researcher …
The first of a new mark that rates how well insurance companies have assessed their potential catastrophe losses has been issued to HomeWise Insurance Companies by Karen Clark & Co. HomeWise earned an IMARC Data Score of 675 (Excellent), which …
South Carolina-based Rosenfeld Einstein added Sarah Batton as a commercial lines processor in the firm’s Property and Casualty Insurance Group. Batton joins the firm with more than six years of professional experience in both property and commercial insurance lines at …
Marsh & McLennan Companies, Inc. (MMC) announced that Matthew B. Bartley, executive vice president and chief financial officer, will leave the firm. MMC said it has commenced a search for a new CFO and that Bartley intends to remain with …
General Star Management Co. reports the appointment of Gregory J. Diorio as chief pperating officer. The company said all underwriting divisions will report to Diorio. In addition, Joseph L. Majsak has been appointed chief marketing officer. Majsak will oversee the …
Menu Foods Income Fund said Friday that a U.S. court gave preliminary approval to a settlement agreement covering lawsuits in U.S. and Canadian courts. Menu Foods was was hit by more than 100 class action lawsuits last year after pet …
U.S. class-action legend Melvyn Weiss can expect a rough ride Monday when he is sentenced by a judge who handed down the maximum penalty to Weiss’s former partner for his role in a kickbacks scheme involving their former law firm. …
