Virginia-based Professional Governmental Underwriters Inc. has promoted Grey Lester to senior underwriter. Grey has been with PGU for nine years as a D&O/E&O specialist underwriting public officials liability, educators liability and police professional liability coverages. __ Source: Professional Professional Governmental …
The town of Greenwich, Connecticut has agreed to pay $887,000 to settle a racial discrimination lawsuit involving several minority police officers. Town officials revealed the terms of the settlement after the Board of Selectmen unanimously approved the deal. Insurance will …
Twenty-four people, including 17 New York residents, six from New Jersey and one Pennsylvania resident, have been charged with insurance fraud and other related offenses after falsely claiming to be Pennsylvania residents in order to obtain substantially lower rates on …
A task force of state, regional and federal officials is investigating a string of suspicious weekend fires in Massachusetts, including one in which two people died. At least nine fires were reported early Sunday in houses and cars within a …
Starting next month, cigarettes sold in Virginia must comply with standards aimed at making them less likely to start fires. The General Assembly passed legislation in 2008 requiring that cigarettes sold in the state meet standards that make cigarettes more …
New York-based insurance wholesaler Russell Bond & Co. has promoted Margaret J. Arnold to assistant vice president-controller. She is a 20-year veteran of the firm. In addition, the company has also promoted Derek Bucciferro to senior underwriter. he has 10 …
The deregulation of the Massachusetts auto insurance market has driven up prices, boosted insurer profits, reduced consumer protections and generally created confusion in the marketplace, according to a new report by the state’s attorney general. The report, which comes roughly …
The New York State Insurance Department has ordered insurers Homesite Insurance Co. and Security Mutual Insurance Co. to offer to reinstate at total of 260 homeowners’ policies across the state. Regulators say the insurers improperly cancelled or non-renewed the policies. …
Virginia-based specialty insurer Markel Corp. announced that its president and chief operating officer, Paul W. Springman, has resigned. Springman had been on a leave of absence since late October, Alan I. Kirshner, chairman and chief executive officer, said: “We appreciate …
Massachusetts Attorney General Martha Coakley’s Office has filed a lawsuit against the owners and agents of a Bay State insurance agency, alleging the business pocketed $3.4 million in fees it disguised as insurance premiums. The lawsuit names Peabody-based Kilgore Insurance …
