New York regulators are pursuing a reincarnation of the New York Insurance Exchange, a Lloyd’s of London-style insurance market that lasted for several years the last time it was tried. New York Insurance Superintendent James Wrynn said the exchange would …
The threat of terrorism in the U.S. is rising but the future of the Terrorism Risk Insurance Act (TRIA) is in question. At a time when top U.S. officials warn of an imminent attack that might be hard to prevent, …
Authorities in Upstate New York have arrested a man they say used a phony bank account to buy insurance on a home he didn’t own so he could cash in on property losses that didn’t occur. Buffalo police arrested Sidney …
Pennsylvania-based wholesale insurance broker W.N. Tuscano Agency has launched a professional liability insurance division called TuscanoPro The division will work with retail insurance agents to secure comprehensive professional liability coverage for their clients and their prospects. The division is headed …
The operator of a crane that tilted and hit a 25-story building near Wall Street, sending debris plummeting to the ground and causing several evacuations, had his license suspended Sunday because he didn’t secure the crane properly, a Department of …
A northeastern Pennsylvania utility worker has been burned in an underground fire that occurred while he worked to restore service during a power outage. Officials from PPL say the unidentified man was hospitalized in stable condition after sustaining burns early …
Tennessee officials are trying to shut down operations of two Robertson County companies accused of defrauding more than 12,000 consumers nationwide who sought affordable health insurance. Some of the $14 million that Springfield-based American Trade Association and Smart Data Solutions …
Residents of a southern Louisville neighborhood have sued Nuplex Resins over a chemical spill that sent vapors through sewer pipes. The Louisville Courier-Journal reported that three people filed the suit last Friday in Jefferson Circuit Court over the Feb. 1 …
There’s no such thing as too much fire protection for a rural state such as Mississippi, says Insurance Commissioner Mike Chaney. Chaney was among dozens of co-sponsors on a 1995 bill that created the Rural Fire Truck Acquisition Assistance Program. …
Relatives of passengers killed in an Air France crash off Brazil have filed nearly two dozen wrongful death lawsuits in Miami against Airbus, alleging that aircraft maker’s A330 crashed because of flaws in the plane and its U.S.-made components. Airbus, …
