The Independent Insurance Agents & Brokers of New York (IIABNY) applauded a New York Senate committee’s action to protect employers from surprise insurance premium increases in their workers’ compensation policies. The Senate Labor Committee approved IIABNY’s bill during its meeting …
Three senior executives of specialty transportation insurer Baldwin & Lyons have abruptly retired and the insurer said it has retained independent legal counsel to review issues raised by their departures. For now, the Indiana-based company is disclosing few details about …
It’s an unusual problem: The more people in rural areas Mark Romaninsky and his team help sign up for health insurance, the more difficult it becomes to find people who still need to enroll. “It gets harder and harder every …
Risk Strategies Company announced Tuesday that it has acquired John Buttine Inc., an insurance brokerage in New York City with a specialty focus on media-related businesses and services. Terms of the transaction were not disclosed. Established in 1946, John Buttine …
A U.S. appeals court on Monday threw out a jury’s finding that Bank of America Corp. was liable for mortgage fraud leading up to the 2008 financial crisis, voiding a $1.27 billion penalty and dealing the U.S. Department of Justice …
Severe storms that crossed South Dakota led to reports of at least three tornadoes, including one that caused damage. The National Weather Service says a tornado in Tripp County on Sunday evening prompted reports of downed electrical lines and roof …
In testimony submitted to Oklahoma’s insurance commissioner, the American Insurance Association (AIA) has suggested that the state look at mitigation, rather than further regulation of the earthquake insurance market in order to alleviate concerns over lack of competition. Concerned about …
Safebuilt Insurance Services, Inc., dba SIS Wholesale Insurance Services, a national commercial lines program administrator, has been appointed as a Lloyd’s coverholder. The coverholder undertaking allows SIS to access Lloyd’s syndicates directly, and expands the company’s overall capability to deliver …
State public safety officials say 57 people died in fires last year in Minnesota — the highest number of fatalities in 13 years. The Department of Public Safety’s State Fire Marshal Division released the numbers on May 23 along with …
The state attorney general is suing a Cincinnati roofing company over more than a dozen complaints that the company took insurance checks but the work was either never finished or was done improperly. Attorney General Mike DeWine says American Property …
