It may become easier in the future for Massachusetts doctors to apologize for mistakes if an experiment by three major hospitals to reduce medical malpractice lawsuits succeeds. The program, called Disclosure, Apology and Offer, targets “defensive medicine” — a term …
Assurant, a New York-based provider of specialty insurance and insurance-related products and services, celebrated its 120th anniversary Wednesday by ringing the ceremonial closing bell at the New York Stock Exchange, where the company is listed.Assurant traces its history to the …
A New Jersey man has been sentenced to eight months of house arrest and five years of probation for his role in a botched attempt to sink a fishing boat three years ago for $400,000 in insurance money. Fifty-year-old Arthur …
Allied World Assurance Company Holdings AG said industry veteran Lou Iglesias joined Allied World U.S. as president of the property/casualty division. He will be based in New York City. His responsibility will include overseeing underwriting and servicing all program, property, …
The Travelers Companies Inc. will kick off property/casualty insurers’ 2012 first-quarter earnings season Thursday, April 19, when the company reports its 2012 first three month results. Travelers is the first major insurance company to report the 2012 first-quarter earnings. Many …
Nationwide Mutual Insurance Co. welcomed Pennsylvania regulators’ approval this week of the insurer’s proposed merger with Harleysville Mutual Insurance Co. Regulatory approval from Pennsylvania, where Harleysville is headquartered, was one of the requirements for completing the merger. “Nationwide is pleased …
A mother and daughter from northeastern Pennsylvania are on trial for allegedly taking part in a decade-long $1 million insurance scam. Sixty-one-year-old Bianca Bucano and her 23-year-old daughter, Melissa, were allegedly part of a scam ring that sent invoices to …
A Maine woman who sued a doctor for malpractice because she said he overprescribed her methadone has been awarded $1.9 million by a jury Charlene Whalen of Corinth sued Dr. Steven Weisberger, alleging the dosage of the prescription he gave …
Dry, windy conditions and warm weather are prompting Northeastern state officials to issue advisories on an elevated risk of fire. Here is a roundup of fire warnings and latest reports of wildfires and brushfires from the Associated Press. New Hampshire …
A New York judge on Monday approved a plan to liquidate the long-insolvent Executive Life Insurance Co of New York and pay out most of the money owed to beneficiaries under the company’s life insurance policies. The plan proposed by …
