January 18, 2011
New York dropped the last two criminal cases tied to a 2004 bid-rigging scandal involving Marsh & McLennan Cos after failing to win convictions of any of the eight insurance executives indicted. The state attorney general’s office has dismissed its …
January 14, 2011
The insurance industry will speak out against what it is calling a hidden “crash tax” in New York City during a hearing this morning with fire department officials. The proposal would allow the city to charge between $365 and $490 …
January 14, 2011
The Justice Department has agreed to pay $2.3 million to a couple who claimed inadequate care at Portsmouth Naval Medical Center caused their child to be born with neurological damage. The Virginian-Pilot reports that a federal judge approved the settlement …
January 14, 2011
Massachusetts-based Encharter Insurance agency will open a fifth branch office, the latest in Simsbury, Connecticut Encharter will sell personal lines coverage throughout the Farmington Valley, the agency said. It is Encharter’s second Connecticut location, in addition to its Watertown, Conn. …
January 13, 2011
Washington D.C.-based broker Ames & Gough has named Christine Payne as senior account manager. Payne, who has more than 25 years of insurance industry experience, will oversee service and insurance placements for a wide range of clients in the Washington, …
January 13, 2011
As many as 1 million Pennsylvania homes sit above abandoned coal mines, yet a state-subsidized insurance program for mine subsidence has issued only 58,000 policies. Abandoned mines are in 43 of Pennsylvania’s 67 counties, including in Allegheny, Westmoreland, Armstrong, Beaver, …
January 13, 2011
Vermont licensed 33 new captives last year, bringing the state’s total of licensed captives to 911, according to the Department of Banking, Insurance, Securities and Health Care Administration. The new captives formed include 19 pure captives, nine special purpose financial …
January 12, 2011
Erie Insurance has appointed Leah M. Micholas as vice president and branch manager of its Pittsburgh branch office. She will direct and manage revenue growth, field sales and agent and customer relationships. Micholas, a 21-year insurance industry veteran, joins Erie …
January 12, 2011
A New Jersey woman who claimed the stress of her work as a hospital security guard left her with a psychiatric disability cannot collect workers’ compensation benefits, a state judge has ruled. The case centered on the allegation by the …
January 12, 2011
Delaware Highway Safety officials say the state saw a 14 percent drop in traffic deaths in 2010. A preliminary count announced this week shows 101 people were killed on Delaware roads last year, the lowest number of such deaths since …