Now that the year 2011 is behind us, let’s take a look at what might be ahead. Insurance Journal spoke with leading industry professionals and asked them what they are expecting this year. If their forecasts are any guide, 2012 …
Allstate Insurance is seeking to recover more than $1.1 million from 16 New York-area defendants. According to its federal complaint filed last week, the insurer alleges that a chiropractor, together with one layperson and two lay entities, illegally owned and …
Medical Protective Co. (MedPro), a medical professional liability insurance unit of Berkshire Hathaway, announced this week the completion of its acquisition of Princeton Insurance Co. Princeton Insurance is a New Jersey-based professional liability insurer for healthcare providers. It employs over …
Jay-Z may have 99 problems, but missing workers’ comp insurance payments isn’t one of them. The judgement against the rapper and the court-ordered $18,000 fine will be vacated in a few days, according to a report from New York Post. …
Itasca, Ill.-headquartered insurance brokerage giant Arthur J. Gallagher & Co. acquired Capital Bauer Insurance Agency in Albany, N.Y. The companies did not disclose terms of the transaction. Founded in 1957, Capital Bauer Insurance Agency is a retail insurance broker providing …
The Connecticut public health department is urging residents to test their homes for radon gas, the leading cause of lung cancer in non-smokers. Health officials estimate that radon is responsible for more than 21,000 lung cancer deaths each year in …
While New Year’s Eve may conjure images of a celebratory toast, it’s also traditionally one of the worst days of the year for alcohol-related car crashes and deaths for young drivers. New data from a 2011 teen driving study by …
A Maryland court ruled last week that the state’s largest premium financing companies were engaged in illegal financing practices against auto insurance policyholders. In Maryland, most auto insurance policyholders can set up interest-free installment payment plans for their premiums through …
Workers Compensation Board of New York filed a lawsuit against rapper Jay-Z for allegedly failing to make workers’ comp payments worth $18,000 for his domestic employees, according to a report. Entertainment news site TMZ.com reported yesterday that the Board filed …
U.S. Senator Bob Casey (D-Penn.) is asking flood insurance companies to quickly process remaining claims from Irene and Lee. He says some 25 percent of the claims in Pennsylvania are still not processed. “Pennsylvanians have worked tirelessly to rebuild in …
