February 17, 2012
Keystone Insurers Group, a franchisor of insurance agencies headquartered in Northumberland, Penn., promoted industry veteran Barbara Kressler to vice president of its risk solutions division. In her new role, Kressler will be responsible for all internal operations including financial oversight, …
February 17, 2012
Enservio, a Needham, Mass.-based provider of property insurance analytics, affinity marketing and claims solutions, is acquiring Insurers World, a provider of inventory transcriptions and evaluation services for claims, based in Canton, Mass. Together, Enservio and Insurers World will offer property …
February 16, 2012
The New York State Department of Financial Services has launched a wide-ranging probe of the accuracy of the data used by insurers and health maintenance organizations (HMOs) to request health insurance rate increases. “At a time when spiraling health insurance …
February 16, 2012
Starr Companies appointed Bob Coords as head of Starr Specialty Reinsurance, a division of Starr Indemnity & Liability Company. Coords comes from Chartis where he had been serving as president of the reinsurance solutions division since 2005. In his new …
February 16, 2012
The Washington-area Metro transit agency has settled seven of nine lawsuits by families of people killed in a 2009 train crash. Metro also told a judge it is admitting legal responsibility for the deadliest accident in the system’s history. Nine …
February 16, 2012
State prosecutors say a licensed public adjuster in northern New Jersey defrauded clients and insurance companies out of more than $36,000 by billing for repairs that were never done. Sheena Clarke of Englewood faces numerous charges — including insurance fraud, …
February 16, 2012
Citigroup Inc. has agreed to pay $158.3 million to settle U.S. civil claims that it defrauded the government into insuring thousands of risky home loans made by its CitiMortgage unit. Wednesday’s settlement resolves claims under the federal False Claims Act …
February 15, 2012
TD Insurance, a subsidiary of TD Bank, appointed Charles Maleski as vice president, regional group practice leader for employee benefits in the Greater Philadelphia marketplace. Maleski will deliver TD Insurance’s employee benefits insurance services to businesses throughout a region that …
February 15, 2012
A group advocating open government told a federal judge last week that a Delaware law allowing Court of Chancery judges to preside over secret arbitrations in business disputes is unconstitutional. Judge Mary McLaughlin heard arguments in federal court in Philadelphia, …
February 15, 2012
TD Insurance, a subsidiary of TD Bank, has promoted David Lofstrom to vice president of U.S. commercial sales and product development. Based in Boston, he will help grow the commercial property/casualty and employee benefits lines of business across TD Insurance’s …