In October, 2008, my colleague, Christopher J. Boggs, associate editor of MyNewMarkets.com and frequent contributor to Insurance Journal, wrote: “The beginning of mandated insurance continuing education was the end of the true insurance professional. To be considered a ‘professional’ in …
Colemont Insurance Brokers has promoted Tara Plourde to broker in the company’s Hartford, Connecticut office. She joined Colemont in 2008. Prior to Colemont, she was a commercial lines underwriter at a standard lines carrier. She specializes in casualty accounts, focusing …
The Massachusetts Property Insurance Underwriting Association (FAIR Plan) will lower insurance premiums by an average of 0.72 percent, the Attorney General’s office said. The FAIR Plan had originally proposed increasing homeowners’ insurance rates by an average of 2.2 percent. That …
Insurers Must Keep Up With Communities’ Changes Since their inception in the days of Ben Franklin, our nation’s fire departments have bravely risen to the challenge of the dangerous task of firefighting. Yet, the profound impact of the current and …
A woman says a Manhattan gym left her hanging when she tried a new workout: pole-dancing. Sue Ann Wee has filed a lawsuit against the companies that run the Crunch fitness center chain. Lawyer Nicholas Warywoda says Wee seriously hurt …
Some first-time drunken drivers will have to install ignition interlock devices under legislation passed by lawmakers in New Jersey. The bill, which was signed into law this month, requires first-time drunken drivers with a blood-alcohol level of 0.15 percent or …
A New Jersey appeals court ruling has expanded protections against sexual harassment and discrimination in the workplace. A three-judge panel ruled this month that the female owner of a South Plainfield-based tire business could sue United Rentals North America Inc. …
Arson Arrest “When I heard the name, I was blown away. He’s a good kid and it’s a bit sad to see his name dropped in the papers.” —Ben Lombardi, neighbor of Anthony Baye, the man accused of a rash …
When it comes to social media, the insurance industry needs to change how it evaluates risk. That’s the opinion of George Redenbaugh, assistant treasurer and senior director of risk management for eBay, where he is responsible for enterprise risk management, …
Standard & Poor’s Ratings Services announced that its ratings on “U.S.-based Assurant Inc. (BBB/Negative/A-2) and related entities are not affected by the settlement of an SEC investigation regarding certain loss-mitigation insurance products. The reinsurance contract under examination had $2.6 million …
