June 11, 2010
Zurich has appointed insurance broker Marsh U.S. Consumer, as the new administrator for its Programs & Direct Markets’ lawyers’ professional liability program. Marsh will be the administrator for attorneys in Conn., Maine, Mass., N.H., N.Y., Pa., R.I., and Vt. Attorneys …
June 11, 2010
Attorneys for thousands of workers who suffered health problems stemming from the Sept. 11, 2001, attack on the World Trade Center reached a revised $712 million settlement with New York City Thursday. In March a federal judge rejected an initial …
June 11, 2010
A regulator who’s been a fixture in Vermont’s captive insurance industry for two decades is calling it quits. Peter Raymond, director of captive insurance for the Vermont Department of Banking, Insurance, Securities and Health Care Administration (BISCHA), is leaving to …
June 10, 2010
Fewer than half of the medical malpractice claims settled by Connecticut insurers over the last four years resulted in payments to patients, and the average size of those payments fell last year, according a new report by state regulators. The …
June 10, 2010
Pennsylvania-based PMA Capital Corp. has been acquired by Old Republic International Corp. in a stock-swap transaction valued at around $365 million. The transaction is expected to close in the third quarter, pending approval by PMA’s shareholders, and regulators. PMA Capital …
June 9, 2010
Springfield, Massachusetts has taken a step toward banning texting while driving. The city council on Monday passed a home rule petition by a 12-1 margin that would allow police to fine anyone who sends or receives text messages while behind …
June 9, 2010
The Hanover says it will offer Massachusetts drivers a discount on a special course in crash prevention skills and safe-driver techniques. The program, run by In Control Crash Prevention Training, is the only one of its kind certified by the …
June 8, 2010
State officials are warning motorists that police are cracking down on aggressive driving in Delaware. The Delaware Office of Highway Safety says 11 state, county and municipal police agencies will conduct patrols this summer aimed at stopping aggressive drivers. State …
June 8, 2010
An affiliate of The Hartford has paid nearly $67,000 in restitution to policyholders in Virginia, following an investigation by state regulators over premiums charged by Trumbull Insurance Co. The company agreed to a settlement in which it repaid the money …
June 8, 2010
OneBeacon Professional Insurance has entered into an exclusive arrangement with USI Affinity to administer its Lawyers’ Professional Liability (LPL) insurance program, which provides liability protection solutions for law firms with up to 20 lawyers in Connecticut, Massachusetts, Maryland, Virginia and …