August 4, 2009
Delaware Insurance Commissioner Karen Weldin Stewart says the state is working to attract new insurance carriers. Stewart made the announcement Thursday while discussing new sources of revenue the commission is pursuing. She says captive insurance companies are another possible source …
August 3, 2009
Police say a tow truck driver was texting on one cell phone while talking on another when he slammed into a car and crashed into a swimming pool. Niagara County sheriff’s deputies say 25-year-old Nicholas Sparks admitted he was texting …
August 3, 2009
A trade group for insurance companies says Delaware lawmakers will have a “full plate” of legislative insurance issues when they reconvene next year. Among the big issues, according to the Property Casualty Insurers Association of America (PCI): affiliate transfers, consumer …
August 3, 2009
Connecticut-based medical liability mutual insurer CMIC has launched a new professional liability policy for Ambulatory Surgery Centers based in Massachusetts. The policy is modeled after the company’s Connecticut plan, which was introduced last year. The professional liability policy includes a …
July 31, 2009
Daniel J. McGarvey has been named chief financial officer and vice president of finance for The MEMIC Group. The 17-year veteran of the insurance industry, replaces Robert S. McMann who has retired after more than 16 years with the Portland, …
July 31, 2009
A New Hampshire judge has rejected the state’s claim on a $110 million surplus in a fund that underwrites malpractice insurance. The state counted on $65 million of the money to help balance the budget in the fiscal year that …
July 31, 2009
The EPA project manager overseeing cleanup at the abandoned Metachem site near Delaware City says toxic chemicals will remain there for at least 100 years. Hilary Thornton spoke Tuesday night about the Environmental Protection Agency’s approach to the former Standard …
July 31, 2009
Pennsylvania-based Harleysville Group Inc. saw second quarter profits climb 115 percent to $20.1 million, up from $9.3 million in the year-ago quarter. At the same time, revenues at the insurer fell nearly 7 percent to $244.5 million, from $261.5 million …
July 30, 2009
Legislative Democrats in Connecticut say the Department of Motor Vehicles should be eliminated and its functions and staff redistributed to other state agencies to help streamline state government. The proposal is part of a draft plan for reorganizing state government …
July 30, 2009
The owner of the property where a New Hampshire man was murdered is at odds with his insurance company over a wrongful death lawsuit from the man’s family. Michael Connors owned the Deerfield horse farm where Jack Reid of Derry …