A new report shows a drop in deaths from motorcycle accidents in New Jersey — a change that’s good news for both riders and safety advocates. “I think it’s great,” Barbara Borowiec, a South Jersey motorcycle dealer, said of the …
Shareholders of NYMAGIC approved its acquisition by ProSight Specialty Insurance Holdings Inc. at a special meeting yesterday, clearing the way for the insurance holding firm to become part of ProSight. The merger valued at around $230 million, is expected to …
New York-based insurance broker USI Holdings has acquired the New Jersey operation of Kinloch Holdings Inc. The unit, based in West Orange, New Jersey, specializes in commercial property casualty and employee benefits insurance for middle-market businesses and is expected to …
New York agents failed to make their case that insurance regulators cannot require agents and brokers to disclose their commissions, a Supreme Court judge has ruled. That just-released decision by Supreme Court Justice Richard M. Platkin appears to end for …
A deal reached by New York City and workers exposed to toxic dust that blanketed ground zero after the Sept. 11 terrorist attacks will resolve an overwhelming majority of the lawsuits over the city’s failure to provide protective equipment to …
A former North Providence councilman already accused of corruption was indicted Thursday along with three others, including an on-air radio personality, of trying to rip off an insurance company by intentionally damaging a home and filing a bogus claim. A …
The Connecticut Chapter of the National Association of Insurance Women has named Cynthia Bruce, an underwriter at E&S broker S.H. Smith & Co., as its Connecticut professional underwriter of the year. Bruce specializes in underwriting workers’ compensation insurance for small …
A federal court forfeiture hearing is set in the case of a former Pennsylvania Superior Court judge convicted of insurance fraud. Michael Joyce, of Millcreek Township, is serving a 46-month prison sentence for collecting $440,000 in a low-speed accident in …
New York’s highest court Wednesday said it was legal for residents of the state to take out life insurance on themselves and immediately sell the policy, a ruling seen as having substantial implications in the so-called “life settlement” market. A …
The New York Insurance Association elected new officers and directors at its annual meeting last week. Richard Zick, president and CEO of Utica First Insurance Co., will serve as chairman. Other officers will be First Vice Chair Jeffrey Rice, president …
