Monthly Archives: <span>November 2010</span>

Massachusetts Revises Workers’ Comp Paperwork Snafu

Bowing to pressure from insurers and agent groups, Massachusetts safety regulators have eased new workers’ comp paperwork requirements for some out-of-state contractors. At issue is a form used by inspectors to verify whether a non-Massachusetts company doing business in the …

Group: New York City Building Industry Still Slowing

A business group says the economic downturn is still having an effect on New York City’s construction industry – a key driver for commercial insurance spending in the region. The New York Building Congress says construction spending in the city …

Judge Limits D.C. Metro’s Potential Liability in Suit over Fatal Crash

A federal judge has limited the D.C. Metro’s potential liability in a suit brought by survivors of those killed in the 2009 crash on the red line by ruling that the transit agency can’t be faulted under federal law for …

Regulators Tell New York Agents How to Reveal Their Commissions

New York regulators have finalized guidelines for how agents and brokers are to reveal to clients their commissions, but at least one trade group says any changes to the rules thus far have been “underwhelming.” The department released a new …

Agency Saved From the Storm by Cloud Technology

In the midst of a disaster, our customers count on us to get our jobs done… No excuses!” That promise by County Wide Insurance, an agency in Dexter, Mo., was severely tested on Jan. 27, 2009, when an ice storm …

5 Years in prison to be served by Neil M. Cohen, former chairman of the New Jersey Assembly’s insurance committee, for distributing child pornography. Cohen pleaded guilty in April to charges that he looked at child pornography on a computer …

New York Man’s Faked Store Fall Caught on Tape

Authorities say a central New York convenience store’s surveillance cameras caught a man purposely pouring soda on the floor and then faking a fall so he could file an insurance claim against the business. State Insurance Department officials said that …

Business Moves

AIM, Quincy Mutual A.I.M. Mutual Insurance Cos. and Quincy Mutual Group will join forces to create the Commercial Solutions Underwriting Alliance, a business arrangement designed to meet the commercial lines product needs of small to medium-sized employers in Massachusetts A.I.M. …

Connecticut Insurance Commissioner Steps Down

Connecticut Insurance Commissioner Thomas Sullivan has resigned from his position as the Nutmeg State’s top insurance regulator. Sullivan, a former executive at The Hartford, was appointed as the state’s commissioner in 2007 by outgoing republican Gov. M. Jodi Rell. The …

Two Maine Fires Blamed on Smoking Around Oxygen

Fire investigators are warning of the dangers of smoking around oxygen tanks after two fires in southern Maine. According to the state fire marshal’s office, two separate fires earlier this month in southern Maine are being blamed on men who …