December 13, 2011
The broker/specialty markets division at Church Mutual Insurance Co. has expanded opportunities for brokers and agents with experience in the senior living market. Specifically, the insurer is looking to add producers in Connecticut, Maine, Massachusetts, New Hampshire, New York, North …
December 12, 2011
A coalition is pushing for a new seat belt enforcement law after a study showed that seat belt use in Massachusetts is among the lowest in the country. According to a University of Massachusetts study prepared for the state, seat …
December 12, 2011
Maine insurance regulators have approved another drop in the state’s workers’ compensation rates — the second in less than a month. A 3.2 percent decrease announced on Nov. 18 was expected to reduce workers’ compensation insurance premiums by $6.1 million …
December 12, 2011
Connecticut insurance department announced that it has updated its coastal underwriting guidelines to clarify when hurricane deductibles can be applied. The hurricane deductible issue has been in the spotlight in wake of Tropical Storm Irene. Some policyholders in Connecticut saw …
December 12, 2011
New York State Department of Financial Services announced last week that 18 people in 13 New York counties have been arrested on workers’ comp fraud charges. These arrests were the result of joint investigations led by the Department of Financial …
December 12, 2011
Federal Emergency Management Agency (FEMA) issued a new bulletin telling insurers that they should cooperate with state regulators on questions regarding federal flood insurance. There has been an ongoing turf battle between FEMA and New York officials on regulating local …
December 9, 2011
This year’s hurricane season was an unusually costly and damaging one for New York State residents. And as the winter sets in, it will take several more months for people in areas ranging from Adirondack Mountains to Binghamton to get …
December 9, 2011
The Virginia State Corporation Commission approved on Thursday revisions to the premium levels charged for workers’ comp insurance in Virginia. The changes will become effective April 1, 2012, for new and renewal workers’ comp policies. The approved changes will increase …
December 9, 2011
TD Insurance, a subsidiary of TD Bank, is expanding in Long Island, New York, and appointed Peter Kane as vice president and regional market producer of commercial lines for the region. Kane brings 16 years of insurance experience to his …
December 9, 2011
Strong winds and a fast-moving mix of rain and snow have knocked out power to over 30,000 customers in New Hampshire. Many of the outages have been reported in the central part of the state Thursday morning. The National Weather …