Latest Maryland Headlines
All the headlines from our Maryland Topic Page, ordered by recency.
AM Best Upgrades Credit Ratings of ClearPath Following Merger With Harford
Mar 4 2024 // AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of...
University of Maryland Suspends Fraternities and Sororities Pending Investigation
Mar 4 2024 // The University of Maryland has ordered fraternities and sororities on campus to suspend social and recruitment activities after the school received multiple reports of unsafe activities. A letter sent Friday from...
Maryland Expects $238M From Opioid Makers and Pharmacies
Mar 1 2024 // Maryland Attorney General Anthony G. Brown reported that his Opioids Enforcement Unit has finalized settlements with Teva, Allergan, Walmart, and Walgreens, after multi-year investigations of these opioids-makers’ or...
Maryland Issues Insurance Scam Warning for Businesses
Feb 16 2024 // The Maryland Insurance Administration (MIA) is warning of an insurance-related scam targeting small painting, construction, and cleaning businesses. MIA advises businesses that are contacted by anyone offering to purchase...
People Moves: Aventum Promotes Eldridge to MD; Aon Names Dando as EMEA Head of Strategy, Technology Group; Chubb Taps WTW’s Källs as Country Mgr, Sweden/Finland
Jan 25 2024 // This edition of International People Moves details appointments at the re/insurance group Aventum, the broker Aon, and insurer Chubb. A summary of these new hires follows here. Aventum Promotes Eldridge to MD Aventum, the...
Maryland Settles Lawsuit With Tri-Gas & Oil Over Fuel Leak at Storage Facility
Jan 25 2024 // Maryland Attorney General Anthony G. Brown announced the settlement of a lawsuit against an Eastern Shore fuel storage facility, including a $600,000 penalty for pollution to groundwater and a nearby creek. The settlement...
People Moves: Liberty Specialty Markets Appoints Bolaños as CUO, Moreno as President US, LatAm; HDI Global Names Tarantino MD of Singapore Branch as Silton Retires
Jan 19 2024 // This edition of International People Moves details appointments at Liberty Specialty Markets and HDI Global. A summary of these new hires follows here. Liberty Specialty Markets Names Bolaños as CUO, Moreno as President...
Maryland Governor Signs Order on AI Use, Creates Cybersecurity Task Force
Jan 10 2024 // Maryland Gov. Wes Moore on Monday announced a starting point for addressing the use of artificial intelligence in state government, as well as efforts to bolster cybersecurity. The governor signed an executive order that...
Small Earthquake Shakes Maryland Suburbs
Jan 4 2024 // A small earthquake shook the Maryland suburbs of Washington, D.C., early Tuesday, according to the U.S. Geological Survey. The quake with a preliminary magnitude of 2.3 happened around 12:51 a.m. It was centered nearly 2...
States and Congress Wrestle With Cybersecurity at Water Utilities
Jan 3 2024 // The tiny Aliquippa water authority in western Pennsylvania was perhaps the least-suspecting victim of an international cyberattack. It had never had outside help in protecting its systems from a cyberattack, either at its...
Maryland’s Workers’ Compensation Bars Non-Dependent Child’s Wrongful Death Claim
Dec 12 2023 // A non-dependent adult child whose father died on the job does not have a right to bring a wrongful death claim against her late father’s employer, the Maryland Appellate Court has ruled. The appeals court affirmed a...
Maury, Donnelly & Parr Acquires Maryland Agency
Dec 11 2023 // Baltimore-based insurance agency Maury, Donnelly & Parr, Inc. has acquired another Maryland agency, Wetzel & Lanzi, Inc. Wetzel & Lanzi is a family-owned, independent insurance agency located in...
Business Moves
Dec 4 2023 // National Travelers, Corvus Insurance Holdings The Travelers Companies said it has agreed to buy cyber managing general underwriter Corvus Insurance Holdings Inc. for about $435 million for its middle-market excess and...
Frederick Mutual Exiting Personal Lines; Signs Renewal Deal
Dec 4 2023 // Frederick Mutual, which is exiting the personal lines market and focusing strictly on commercial lines in the Mid-Atlantic and Southern regions, has reached a renewal rights agreement with another insurer for the bulk of...
Maryland County Sued for $16 Million Over Death of Pet Dog Shot by Police
Nov 30 2023 // Roommates who are suing a Maryland county claim police officers illegally entered their apartment without a warrant, detained them at gunpoint without justification and unnecessarily shot their pet dog, which was left...
Tesla Launched its Own Car Insurance. These Drivers Say it’s a Lemon.
Nov 21 2023 // In February, Mark Bova purchased a used 2018 Tesla Model S. Before leaving the dealer, he bought insurance from Tesla, finding the initial $93 monthly premium “really reasonable.” Sixteen days later, as he...
People & Places
Nov 20 2023 // National Bermuda-based Aspen Insurance Holdings Ltd. appointed Bobby Bianconi global head of Cyber. Bobby Bianconi Bianconi has been with Aspen since 2016 and brings over 10 years of dedicated underwriting experience, most...
People Moves: SiriusPoint Taps RSA’s Hardy as Director of Sales & Distribution, Int’l; Pro MGA Global Solutions Names Martin Døhlen as MD of European Platform
Nov 15 2023 // This edition of International People Moves details appointments at SiriusPoint and Pro MGA Global Solutions. A summary of the new hires follows here. SiriusPoint Taps RSA’s Hardy as Director of Sales &...
Frederick Mutual Exiting Personal Lines; Signs Renewal Deal With Farmers of Salem
Nov 8 2023 // Frederick Mutual, which is exiting the personal lines market and focusing strictly on commercial lines in the Mid-Atlantic and Southern regions, has reached a renewal rights agreement with another insurer for the bulk of...
People Moves: AXA XL Names Gerbaud as CUO for APAC & Europe; Trium Cyber Names Aspen’s Signorelli as MD of Int’l Operations
Nov 8 2023 // This edition of International People Moves details appointments at AXA XL and Trium Cyber. A summary of these new hires follows here. AXA XL Names Gerbaud as CUO for APAC & Europe AXA XL Insurance announced that Adias...
