May 10, 2012
The federal government has announced that a settlement with a New York City landlord will result in more than $2 million being paid to tenants who were sexual harassment victims. U.S. Attorney Preet Bharara announced the deal Tuesday. He called …
May 10, 2012
New York regulators have fined 15 insurers $2.7 million for failing to notify small businesses they were eligible to buy special coverage for mental illnesses and children with serious emotional disturbances. Superintendent of Financial Services Benjamin Lawsky says they are …
May 9, 2012
Safety upgrades are planned for a New York highway that has averaged five pedestrian deaths annually since 2005. Officials in Nassau County are targeting repainted crosswalks, increased signal time for walkers, and upgraded crossing signals. Newsday reports the changes are …
May 9, 2012
A Roanoke, Va.-based insurance company is no longer in receivership. The State Corporation Commission announced Tuesday that it ended Shenandoah Life Insurance Company’s receivership because of a successful rehabilitation plan. The decision means Shenandoah Life can manage its affairs and …
May 9, 2012
Insurance Club of Pittsburgh has named Burns & Wilcox executive Kermit Shaulis as the Insurance Person of the Year. The award was presented at the group’s recent annual convention. Shaulis is a 40-year veteran of the insurance industry. He joined …
May 9, 2012
Narragansett Bay Insurance Company, a Pawtucket, R.I.-based homeowners insurer, appointed Miles Hunter as vice president of corporate development. In his new role, Hunter will provide decision support and analysis to the company’s executive team and investor group. Previously, he worked …
May 8, 2012
Genworth Financial Inc. has cut nearly 80 positions at two Virginia operations. The move comes days after the Richmond-based company’s chairman and CEO, Michael D. Fraizer, resigned. Genworth spokesman Tom Topinka told the Richmond Times-Dispatch that the cuts were fewer …
May 8, 2012
ACE Westchester, the U.S.-based wholesale-focused insurance division of the ACE Group, appointed Richard Luca as vice president of management liability for its professional risk division. He is based in the greater New York City area. Luca will have national responsibility …
May 8, 2012
Some two dozen independent insurance agencies will host job fair events next week in the Pittsburgh, Penn., region. The agencies said they are looking to fill jobs in customer service and sales. The agencies are planning three job fair events, …
May 8, 2012
The New Hampshire State Senate’s Judiciary Committee is considering a bill aimed at beefing up liability protections for New Hampshire landowners who open their property to the public. The House-passed bill says any landowner, lessee or manager of property open …