April 17, 2012
A New York judge on Monday approved a plan to liquidate the long-insolvent Executive Life Insurance Co of New York and pay out most of the money owed to beneficiaries under the company’s life insurance policies. The plan proposed by …
April 17, 2012
Work At Home Vintage Employees LLC (WAHVE), a New York City-based company that provides domestic remote staffing services for insurance firms, appointed Frank Sentner as chief operating officer. Previously, Sentner was director of strategic technology at the Council of Insurance …
April 17, 2012
A.I.M Mutual Insurance Companies, a workers’ compensation insurer based in Burlington, Mass., appointed Glenn MacDonald as financial analyst. In his new role, MacDonald will be responsible for a wide range of financial issues, including forecasting, planning and expense management. Prior …
April 16, 2012
Vermont officials said its captive insurance industry is off to a strong start in 2012, with the state having licensed eight new captives during the first quarter. “We had a great first quarter with the licensing of eight new captives,” …
April 16, 2012
Advisen Ltd., an insurance analytics and market information provider headquartered in New York, appointed Seth Rachlin and John Pagliaccio to lead the newly formed information and analytics business unit. As president of the information and analytics business unit and an …
April 16, 2012
A workers’ compensation overhaul bill that Republicans say brings Maine’s law into line with other states has won initial House passage. Representatives voted 75-71 last Thursday along party lines, with majority Republicans saying the bill makes reforms in a program …
April 16, 2012
The insurance employment market in the East and Northeast regions — as in most other parts of the country — can be summed up the following way: hiring is “slightly elevated” compared to last year, but there is still a …
April 13, 2012
Gov. Andrew Cuomo issued an executive order Thursday to establish a statewide health insurance exchange intended to reduce coverage costs for individuals, small businesses and local governments. The New York Health Benefit Exchange, a federally authorized and financed marketplace for …
April 13, 2012
New York regulators launched a new online application to make it easier for the public to look at the data used by property/casualty insurers to support rate increases, introduce new products or change existing insurance products. Benjamin Lawsky, superintendent of …
April 13, 2012
The Northern United Agents Alliance (NUAA), an independent agency partnership based in New Hampshire, added Barton Insurance Agency as a new member. Founded in 1954, Barton Insurance Agency has been offering insurance service to the Lake Sunapee and Contoocook areas …