Massachusetts-based Eastern Insurance Group has appointed Matthew Shadrick as executive vice president of its employee benefits division, Eastern Benefits Group. The 20-year industry veteran most recently served as national sales director for the Aon Consulting Human Capital Practice where he …
Certificates of Insurance, Data Breaches, Unfamiliar Markets Among Exposures for Agents Insurance agents who fail to keep up with changing legislation, regulations, policies and forms are opening themselves up to costly errors and omissions (E&O) claims, according to experts and …
New Jersey prosecutors say a woman who is currently serving a five-year sentence for insurance fraud and identity theft has been indicted in a separate insurance fraud scheme to steal over $8,000 from Liberty Mutual. Dalynn White, also known as …
Garden Variety Fraud “Consumers should know that in addition to being wide-spread, insurance fraud also affects a wide-spread group of people: everyone.” —New Jersey Insurance Commissioner Tom Considine, commenting on the launch of a new unit within the Department of …
Tuesday’s elections could have ramifications for a number of state insurance commissioner posts across the country. Nationwide, 11 commissioners are directly elected but there are only four such elections tomorrow; the rest of commissioners are appointed, most by governors or …
MMD Insurance Services said it has developed manufacturing standards and product liability coverage for medical marijuana manufacturers. The company’s program is designed to protect dispensaries, wholesalers and product manufacturers from loss due to illness or injury from manufactured cannabis products. …
Whether Tomas passed through the eastern Caribbean as a hurricane or a tropical storm is rather irrelevant, as, whatever it was, it caused a lot of damage. The Caribbean Catastrophe Risk Insurance Facility (CCRIF) has already issued a detailed report, …
The Illinois Department of Insurance announced new reporting requirements for premium increases proposed by Illinois health insurers. The federal Affordable Care Act requires the state to review all unreasonable health insurance premium increases. The department has outlined a process to …
Montalvo Insurance Agency in Weslaco, Texas, has been named 2010 Business of the Year by the Weslaco Area Chamber of Commerce. Montalvo Insurance Agency was recognized for playing a pivotal role of enhancing the quality of life of the Weslaco …
Former Louisiana State University offensive lineman Ciron Black is seeking $4 million in a lawsuit claiming that underwriters at Lloyd’s of London did not pay an insurance policy he bought before a career-ending knee injury. In a federal lawsuit filed …
