The Pennsylvania Insurance Department Commissioner Michael Consedine announced last week that the Commonwealth Court has approved the department’s petition to liquidate First Sealord Surety Insurance. First Sealord, a bond and surety company based in Villanova, Penn., had experienced a steep …
The Hanover Insurance Group, based in Worcester, Mass., reported $49.3 million for its 2011 fourth-quarter net income, down 15.6 percent from one year ago when the insurer posted $58.4 million profit. For the 2011 full year, Hanover posted net income …
Connecticut Gov. Dannel P. Malloy’s revised $20 billion budget funds several recommendations from a panel that examined the response to the remnants of Hurricane Irene and the freak October snow storm. The plan unveiled Wednesday adds $2 million to the …
The city of Erie will pay nearly $207,000 to a firefighter who was wrongly dismissed following a 2006 suicide attempt in which she set clothes on fire in a bathtub. U.S. District Judge Sean McLaughlin tallied the award a day …
The problem encountered by Del. Joe May’s constituent seemed simple enough to solve. The citizen had taken his car in for service and was shocked when the mechanic found a GPS device attached to the undercarriage. The car owner learned …
New York State Financial Services Department’s deputy superintendent James Wrynn will leave his post to join a law firm early next month. Wrynn will become a senior partner at Goldberg Segalla L.L.P. for its global insurance services practice group, beginning …
The U.S. judge overseeing MF Global’s bankruptcy plans a closer review before deciding whether any of an estimated $190 million of insurance coverage for former company executives should instead go to customers. Opponents of the plan to cover former executives, …
Vermont Gov. Peter Shumlin and legislative leaders said this week they wanted to make it possible for more of the state’s small businesses to offer lower premium health insurance plans sometimes known as “bronze plans” until the state can implement …
About 90 District of Columbia workers have been suspended and may be fired after officials determined they received unemployment checks while holding city jobs. The Washington Post reported this week that another 60 former D.C. workers have cashed unemployment checks …
A Pennsylvania woman who submitted nearly $100,000 worth of fake cancer treatment insurance claims for herself and her husband must repay the money while she serves nearly nine years on probation. The Observer-Reporter of Washington, Penn., says 52-year-old Deborah Brown, …
