Strength of Family Helps Agency to Flourish Clark, New JerseyAmerican Insurance Services When you walk into the offices of American Insurance Services in Clark, N.J., you may be forgiven for mistaking it for an extended family reunion. “The benefit of …
Vermont is well-known for, among many other things, its leading captive insurance industry — home to more than 900 captives. The state’s captive insurance advocacy group, the Vermont Captive Insurance Association, held its annual conference last month. The event drew …
Massachusetts Division of Insurance announced Thursday that it has rejected a request to raise the state’s workers’ compensation rates by 18.8 percent.Massachusetts regulators’ decision to strike down the request and keep the rates unchanged came after a five-month public comment …
New York State Gov. Andrew Cuomo on Thursday marked the upcoming one-year anniversary of Hurricane Irene and Tropical Storm Lee by issuing a comprehensive report – “NY Responds.”The report says more than $574 million in state aid has been distributed …
USI Insurance Services, a brokerage and financial service firm based in Briarcliff Manor, N.Y., has agreed to acquire TD Insurance Inc., a wholly-owned U.S. subsidiary of TD Bank, N.A. The terms of the deal were not disclosed. USI said the …
A New Jersey workers’ compensation judge recently ruled that a thrift store volunteer cannot be considered as an employee for the purpose of determining compensability. A 50 percent store discount for volunteers doesn’t qualify as sufficient financial consideration to meet …
New Jersey regulators recently reminded personal auto insurers and producers that they must offer a $250,000 coverage limit as the default option for personal injury protection (“PIP”) benefits — unless the applicant or the policyholder affirmatively selects lower limits in …
A new law in New Jersey now prohibits the state’s first responders from taking and sharing pictures or videos of accident victims without their consent. And photographing and disseminating any such images will follow strict rules and operating procedures. New …
Progressive Corp. announced Thursday it reached a settlement with the family of Kaitlynn Fisher — a Progressive policyholder who died in an auto accident when her car was struck by an under-insured driver in Baltimore in 2010. The insurance giant …
Alterra American Insurance Company is arguing that it is not obligated to defend or indemnify its insured — the National Football League and NFL Properties L.L.C. — against concussion-related lawsuits brought by former NFL players and their families.Alterra filed its …
