The Chautauqua County Office of Emergency Services says tornadoes that touched down in three western New York communities a week ago caused $760,300 in property damage. The tornadoes touched down in the village of Fredonia and the towns of Pomfret …
Personal injury protection (PIP) claims closed in 2010 show that claimed losses for medical expenses, lost wages, and other expenses from auto accident injuries in the New York City area rose 70 percent over the past decade. This surpasses the …
New York’s highest court allowed the state Tuesday to proceed with a lawsuit that had accused First American Corp. and its eAppraiseIt unit of colluding with the former Washington Mutual Inc. to fraudulently inflate home values. The Court of Appeals …
New York State Department of Financial Services announced on Monday that it issued new regulations to implement a recently adopted state law that deregulates most insurance business for large, sophisticated companies. The law exempts insurers from rate filing and form …
Jeffrey Rice, president and CEO of Wayne Cooperative Insurance Company in Clyde, N.Y., was elected chair of the New York Insurance Association (NYIA) at the group’s annual meeting last week. Rice will serve a one-year term beginning next January. Rice …
The president and chief operating officer of Connecticut Light & Power has resigned as the company continues to come under fire for its handling of power outages after last month’s snowstorm. Northeast Utilities officials say Jeffrey Butler resigned on Thursday, …
A former Rhode Island insurance adjuster is asking a federal court not to count his professional expertise against him when sentencing him in a $40,000 home insurance fraud case. Vincent DiPaolo is set to be sentenced on Nov. 30 in …
Maine Insurance Superintendent Eric Cioppa said the Bureau of Insurance has approved the National Council on Compensation Insurance’s request to decrease workers’ comp loss costs in the state by an average of 3.2 percent for policy year 2012. Cioppa said …
More than $2.5 million in grants have been approved this month for Louisa County homeowners hit by a powerful Aug. 23 earthquake and its aftershocks. Federal Emergency Management Agency coordinating officer Donald Keldsen said Wednesday the amount of approved grants …
Massachusetts Attorney General Martha Coakley is urging the State Rating Board to hold a hearing to scrutinize the data insurers use to set homeowners insurance rates in her state. The Attorney General’s office says it is estimating possible overcharges of …
