Clark Insurance, an employee-owned independent insurance agency with offices in Maine and New Hampshire, has acquired the James L. Cooney Insurance Agency of Lowell, Massachusetts. Terms of the transaction were not disclosed. The James L. Cooney Insurance Agency began business …
Florida Governor Rick Scott is looking for a replacement for the state’s top insurance regulator and has already contacted a potential candidate from Louisiana. Scott’s office has confirmed that the governor contacted Ron Henderson, Louisiana deputy insurance commissioner for consumer …
Asia’s top-performing hedge fund is holding on to yuan shares of Chinese insurance and utilities companies, even after the Shanghai Composite Index surged 53 percent in 2014. Monetary easing in China will help bolster investment-linked insurance sales and make the …
A blizzard swept across the northeastern United States on Tuesday, dropping as much as 2 feet (60 cm) of snow across Massachusetts and Connecticut even as its impact on New York City fell short of dire predictions. The governors of …
New Jersey officials are moving to demolish hundreds of homes that were ravaged by Superstorm Sandy. State Community Affairs Department spokeswoman Tammori Petty tells the Daily Record that the agency is identifying the owners or lien holders of roughly 600 …
Cooper Gay Swett & Crawford (CGSC) Group North America has launched The Insurance Center for Building Materials (ICBM), a new managing general agency addressing the risks associated with lumber and secondary forest products companies, as well as building materials manufacturers …
The creation of one of the world’s largest reinsurers in an all-stock merger paves the way for more deals. AXIS Capital Holdings Ltd. and PartnerRe Ltd.’s combination without taking on debt will leave the new firm with ample capacity to …
The California Public Utilities Commission has fined Pacific Gas & Electric $530,000 for safety violations it says it found during audits that began in 2012. The commission says in a Friday statement that the fines include $430,000 for failing to …
A 49-year-old Helena, Mont. man who has been convicted of 11 drunken driving offenses has been sentenced to 50 years in prison. The Independent Record reported District Judge Kathy Seeley sentenced Shawn Kevin Smaage last week, saying he would have …
A sex abuse case claiming negligence against the Boy Scouts is getting underway in California and will include the use of previously undisclosed information from “perversion” files kept by the organization. The lawsuit was filed by a man who is …
