The New York State Insurance Department signed an agreement yesterday with regulators in Thailand that calls for increased cooperation between the two in investigating insurance matters. The agreement formalizes coordination between the two regulatory bodies. “This agreement between Thailand and …
A New York City distributor has agreed to pay more than $500,000 to settle a complaint that it was slow in reporting a defect and fire hazard linked to oscillating fans. The $587,500 penalty is part of a settlement Haier …
Neil Jasey has been appointed commissioner of the New Jersey Department of Banking and Insurance. Jasey Replaces replaces former Commissioner Steve Goldman, who recently departed the role to return to private law practice. Jasey retired in 2004, after having worked …
A claims-made and reported professional liability policy will not cover a Massachusetts lawyer who failed to notify three different insurers about a potential suit against him, the First Circuit Court of Appeals has ruled. The decision – which pitted lawyer …
Text-messaging while driving may be against the law, but that hasn’t stopped New Jerseyans from thumbing it on the road. A Fairleigh Dickinson-PublicMind poll on driving habits out Thursday finds the number of motorists who admit to texting while driving …
New-York based Eastman Kodak Co. has agreed to pay $21.4 million to settle legal action brought by black workers who claim the photography products maker paid and promoted them less than their white co-workers. The deal was given preliminary approval …
The number of insurance fraud arrests in New York was down very slightly in the first half of the year, but conviction are up, according to a newly updated fraud report by the state’s insurance department. The New York Insurance …
Robert E. Beloten has been named chairman of the New York Workers’ Compensation Board. He replaces Zachary Weiss, who announced his resignation last month. Beloten was named to the board in May after having been a workers’ compensation judge from …
The New York State Insurance Fund is reaching out to winners of federal, youth-training grants by offering free workplace safety services to those organizations. Ten organizations in the state — including United Way and Urban League affiliates — are receiving …
A Massachusetts town and five of its insurance companies have agreed to pay $3.4 million to settle a lawsuit filed by the estate of a man who spent 19 years in prison for a murder before being cleared by DNA …
