The Massachusetts Appeals Court has ruled an insurance company must pay the government for its remaining losses from a $9.4 million theft from the Treasury in the late 1990s. The theft remains the largest loss of state money in Massachusetts …
Federal regulators have fined a gas pipeline company nearly $1 million for safety violations in connection with an explosion in Virginia last year. The U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration said in a news release last …
A group of medical providers is challenging New Hampshire’s request for a speedy appeals process in a dispute over a malpractice fund. Lawyers for Lakes Region General Hospital in Laconia and other policyholders of the Medical Malpractice Joint Underwriting Association …
New York-based Demetriou General Agency Inc. has acquired H. Al Roth Agency in Manhattan for an undisclosed sum. The acquisition comes as Demetriou announced expansion plans for its Madison Avenue headquarters to accommodate two other acquisitions that are being concluded. …
Insurance regulators in New York are warning agents and brokers not to conduct any business with American Transport Insurance Co. The company is not admitted to do business in the Empire State and is not an eligible excess line insurer, …
Alan Gray Inc. has named Jim Olivo as the director of its newly formed Strategic Advisory Group. The Boston-based firm provides claims management, auditing, accounting and other services to the insurance industry. Olivo will oversee strategic consulting services, including business …
Massachusetts is opening its first Registry branch on the Turnpike. The change comes amid a consolidation drive that includes closing 11 Registry of Motor Vehicles branches. The one in Southbridge closed Friday. It’s being replaced by a branch in the …
Gov. David Paterson has signed legislation to freeze medical malpractice insurance rates in New York for another year, but the state’s largest insurer said it leaves the company financially weaker while efforts to resolve malpractice issues are stalled. Dr. Robert …
The Virginia State Corporation Commission will consider a request to raise workers’ compensation premiums at a meeting in October. The National Council on Compensation Insurance Inc. (NCCI), a rate service organization that represents insurers, requested the meeting. NCCI is proposing …
Art insurance industry professional and director of business development at AXA Art Insurance, Jill Arnold, has been named president of the New York City Chapter of The National Association of Insurance Women (NAIW-NYC). Arnold will serve for a one-year term. …
