March 7, 2010
As Threats Rise, TRIA Funding Comes Under Attack The threat of domestic terrorism 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, …
March 7, 2010
A Connecticut police officer who shot and killed a 200-pound chimpanzee last year after it mauled a woman has been denied an insurance claim for post-traumatic stress disorder because state law only applies to police shootings of people. State Sen. …
March 7, 2010
Boston-based medical liability insurer ProMutual Group has hired Diane Corjulo as a risk management consultant. Corjulo, a registered nurse, has broad acute care hospital experience and physician office practice expertise. She has worked at Yale-New Haven Medical Center and the …
March 7, 2010
In business, change brings opportunity. And when it comes to the wave of states that have recently legalized gay marriage, some see a marketing opportunity in selling insurance products for same-sex couples. And why not? The “gay market” in the …
March 7, 2010
Just when producers thought it was safe, mandatory compensation disclosure has reared its ugly head again. In a move that has its origins in the Spitzer days, New York regulators are mandating that insurance agents and brokers disclose aspects of …
March 7, 2010
Insurance brokerage Beecher Carlson will refund over $90,000 to Massachusetts clients who were not told the firm was receiving commissions from insurers in addition to client-paid fees, as part of a settlement with the attorney general’s office. Seven clients, including …
March 7, 2010
Earthquake in New Jersey “It felt like the whole room was shaking around us, and a loud explosion afterward.” —Bernardsville, N.J. police Sgt. John Remian, commenting on a minor earthquake last month that rattled homes in several areas of Somerset …
March 7, 2010
A jury has ruled against a Massachusetts woman who sued her real estate broker over the secondhand cigarette smoke coming from a neighbor’s condominium. Alyssa Burrage alleged that her broker repeatedly assured her that the prior owner of the Boston …
March 7, 2010
Keystone Insurers Group, Rowland, Rudd, Peel & Holland Pennsylvania-based Keystone Insurers Group (KIG) has added three more Kentucky agencies as partners. Those agencies are: Rowland Insurance Agency Inc., with locations in Tompkinsville and Glasgow; Rudd Insurance Inc., which is located …
March 5, 2010
Singapore said on Friday it had raised alert levels in the city-state and beefed up security at its airport and new casino resorts after a warning of possible attacks on oil tankers in the Malacca Strait. [See IJ web site …