President Obama has issued a major disaster declaration for New Jersey for the late October snowstorm that played havoc with roads, trees and power lines around the state. The declaration issued Wednesday evening paves the way for the release of …
The Independent Insurance Agents & Brokers of New York is advising motor vehicle owners not to skimp when they buy auto liability insurance. Auto liability insurance pays for amounts the insured person owes as damages for bodily injuries and property …
ACE Limited announced on Wednesday that it has completed its acquisition of Penn Millers Holding Corp. for approximately $107 million in cash. The two companies first announced the deal in September. Penn Millers Holding’s primary insurance subsidiary, Penn Millers Insurance …
New York State has been shedding hundreds of thousands of well-paying jobs since the financial crisis hit and its poverty rate remains high. Since 2008, the state lost over 250,000 middle- and high-wage jobs in sectors including finance, government and …
Storefronts in Schoharie, N.Y., a quaint village flooded out by Tropical Storm Irene, remain mostly empty and temporary trailers are plunked down alongside grand old homes. A bank branch is serving customers from a truck and a government building’s hand-painted …
New York City Department of Transportation announced on Tuesday a new traffic safety campaign called “Curbside Haiku.” The department is installing 216 signs featuring colorful artwork and haiku poems at high-crash locations near cultural institutions and schools citywide. “We’re putting …
USI Insurance Services, an insurance brokerage and financial service firm in Briarcliff Manor, N.Y., completed the acquisition of Barros International. Barros is a Reston, Va.-based employee benefits brokerage firm specializing in diplomatic organizations and middle-market businesses. Terms of the transaction …
‘Tis the season to give and many Americans are volunteering in their local charity organizations to help the needy this holiday season. But people who volunteer their time for charity should be aware that they are exposed to certain risks …
A number of insurance associations have issued statements recognizing the positive work the retiring U.S. Rep. Barney Frank (D-Mass.) has accomplished for the industry. Frank, 71, announced this week that he will not seek re-election in 2012, citing as a …
Massachusetts Governor Deval Patrick signed into law a bill that bans the use of credit in underwriting and rating private passenger motor vehicle insurance in his state. The law, Chapter 195 of the Acts of 2011, was signed by the …
