The assessment surcharge added to workers’ compensation costs for New York employers is increasingly becoming a burden for businesses, according to a new study. In New York State, the assessment surcharge is currently 20.2 percent — which is more than …
The Graham Company, one of the Mid-Atlantic region’s largest insurance and employee benefits brokers, promoted industry veteran Dina Daniele to vice president of marketing. Daniele has served as an account manager and vice president for the past nine years. Daniele …
S.H. Smith & Co. Inc., a wholesaler and managing general agent based in Hartford, Conn., appointed Shauntelle Lake as account manager in the large commercial property, casualty and environmental department. As account manager, Lake will be underwriting small umbrella accounts …
Consulting firm DataCede Companies said former New Jersey Banking and Insurance Commissioner Holly Bakke has joined the firm as managing director of regulatory/runoff consulting practice, based in Princeton, N.J. The move is part of DataCede’s asset acquisition of N.J.-based Strategic …
The Maine supreme court has rejected health insurer Anthem’s claim that it has a right to a 3-percent profit and risk margin when setting individual health insurance premiums. Maine’s insurance superintendent reduced the margin to 1 percent, and the state …
Rhode Island-based Narragansett Bay Insurance Company appointed industry veteran Lori Pakrul as territory manager of New Jersey, where she will be responsible for the appointment and management of independent insurance agents across the state. Pakrul has over 25 years of …
More than a third of New Jersey counties and towns are wasting millions of dollars on health insurance brokers and premiums when switching to the state’s plan would be cheaper, a new audit has found. The report from the state …
Cardinal Timothy Dolan is planning a speech on the recent controversy involving contraceptive coverage in health insurance plans. The spiritual leader of the Archdiocese of New York plans to address the issue this coming weekend at a conference on Long …
Authorities are describing the takedown of a massive auto insurance fraud ring in New York the largest of its kind involving New York’s no-fault law. The fraud scheme involved 10 licensed medical doctors, three personal injury lawyers, thousands of patients, …
Federal and local authorities in New York unveiled charges today against 36 defendants — including 10 doctors and three attorneys — allegedly involved in a systematic scheme to defraud auto insurance companies of more than $275 million under New York’s …
