Rhode Island-based Gencorp Insurance Group has appointed Robert Bikash to oversee the company’s financial and administrative planning. Bikash most recently served as finance director and business manager of a landscape architectural business in Rhode Island and formerly served as financial …
A Massachusetts man who allegedly collected over $28,000 in fraudulent insurance claims for work performed at his automotive and glass companies has been arraigned on fraud and larceny charges, according to the state’s attorney general. Investigators say Robert Giller, of …
MarketScout Wholesale has acquired New York-based Wastepac from Insurance Specialty Group. Wastepac is general agent focusing on private businesses in the waste hauling and sanitation industries. It will remain in its current location in Port Jefferson, New York under the …
Philadelphia Insurance Cos. (PHLY) has promoted John Glomb to chief underwriting officer. Glomb, a 15-year veteran of the insurance and financial services industry, most recently serving as senior vice president of underwriting. He joined PHLY in 2007 as senior vice …
Connecticut regulators say they recovered approximately $3.4 million last year for consumers who complained that their insurers mishandled their claims — and then handed out another $2.35 million in fines against insurers. The Connecticut Insurance Department’s consumer affairs unit fielded …
A Massachusetts insurance agent has pleaded guilty to pocketing $43,000 in premiums. Richard Coscia Jr., of Winthrop, an employee of Coscia Insurance Agency, pleaded guilty to over two dozen charges, including insurance fraud and larceny, according to the state attorney …
A veteran portfolio officer at Bank of New York Mellon Corp accused the company of sex and age discrimination Friday, charging she was paid less than younger, male employees. Rochelle Cohen’s suit, filed in federal court for the Southern District …
A judge has granted class-action status to plaintiffs suing the Beacon Mutual Insurance Co. for inequitably distributing $101 million in dividends among policy holders. Judge Michael Silverstein said in his ruling that Beacon Mutual “engaged in a systematic scheme to …
A woman who says her mother could still be alive if it weren’t for New York’s poor response to a Christmas weekend blizzard plans to sue the city. A lawyer for Laura Freeman filed a notice of claim against the …
Maine-based Acadia Insurance has promoted Dan Swift to vice president and general counsel. Swift most recently, he has served as assistant vice president and assistant general counsel and has been handling a variety of legal matters across all functional departments …
