Former Toms River Regional Schools superintendent Michael Ritacco pleaded guilty to public corruption and tax evasion charges Thursday. Federal prosecutors claimed Ritacco accepted between $1 million and $2 million in cash and gifts from the district’s insurance broker. The broker …
New York regulators are expanding their investigation into the so-called force-placed insurance that target homeowners in financial distress. Benjamin Lawsky, the state’s superintendent for the financial services department, said Thursday that he has asked largest licensed force-placed insurers operating in …
Cincinnati, Ohio-headquartered Great American Insurance Group said its environmental division appointed Eric McCabe as divisional assistant vice president for its newly opened New York City office. McCabe joins Great American from Chartis, where he held the title of national accounts …
Vermont’s regulatory agency that oversees the state’s banking, insurance and securities sectors has adopted a new name this week. The agency, which used to be called the Vermont Department of Banking, Insurance, Securities & Health Care Administration (BISHCA), has been …
Chicago-headquartered CNA Financial Corporation appointed Bill Donovan as vice president of its Hartford, Conn., branch. In this role, Donovan is responsible for synchronizing branch operations with CNA’s strategic goals, including increasing local authority at the point of sale and improving …
Endurance Specialty Holdings said Michael Angelina, its chief risk officer and chief actuary, will be leaving the company to take a university post in Philadelphia. Angelina will assume the position of executive director of the Academy of Risk Management and …
New York’s attorney general is warning homeowners to be alert for phone calls from people posing as bank or government officials to get personal information through bogus offers of help with their mortgages. Eric Schneiderman says the calls are connected …
The reopening of a Roman Catholic school in Springfield severely damaged by last summer’s tornadoes has been delayed because of a dispute between the diocese and its insurer. Officials with the Diocese of Springfield said Tuesday that while they estimate …
Two men who admitted roles in a botched attempt to sink a fishing boat to collect insurance money are now headed to federal prison. Erik James of Goshen and Christopher Martin of Wildwood both received 30-month terms when they were …
Workers’ compensation insurance provider BrickStreet Insurance has acquired a Pennsylvania workers’ compensation company. Charleston, W.Va.-based BrickStreet announced its acquisition of Canonsburg, Penn.-based PennCommonwealth Casualty of America Corp. Details of the deal weren’t released. The West Virginia Legislature created BrickStreet in …
