May 14, 2009
DCAP Group Inc., an upstate New York franchiser of independent agencies, is ditching its franchise insurance business as part of a strategic move to exit the retail insurance business as it morphs into a reconstituted property/casualty insurer. The move comes …
May 13, 2009
Four fires — three considered suspicious — have kept firefighters busy in Berlin, New Hampshire over the past several days. Officials said Berlin has been dealing with chronic arson for the past seven years. WMUR reports some have said that …
May 13, 2009
Maryland fire investigators have ruled that a recent gas explosion at a strip mall was accidental. Officials say Thursday’s explosion at the Penn Mar shopping center in Forestville was due to a buildup of natural gas. They say insurance investigators …
May 13, 2009
The training and behavior of the pilot and first officer in the worst U.S. air crash in more than seven years are prominent on the agenda of an unusual three-day safety hearing that began yesterday. All 49 people aboard Flight …
May 13, 2009
Safety National has opened regional underwriting office in New York, and has tapped industry veterans Sharon Herschlag and Dennis Zervos as regional underwriting managers. The company says the new office builds on its plans to bring underwriting capabilities closer to …
May 12, 2009
A federal judge has dismissed liability claims against the company that modified a tour boat that capsized on Lake George in 2005, killing 20 passengers. U.S. District Judge Thomas McAvoy says there’s no evidence available about an old canvas and …
May 12, 2009
The owner of a used car lot in New Boston, New Hampshire says vandals caused $50,000 damage by smashing windows, filling cars with fire extinguisher foam and spray-painting taillights. Jon Lewis, owner of Jon’s Route 114 Auto Sales, says at …
May 12, 2009
The New York Insurance Department issued its newest list of disciplinary actions against agents, companies and brokers in the state. Among the fines and disciplinary actions contained in the report: Merastar Insurance Company of Chattanooga, Tenn. paid a $5,000 fine …
May 12, 2009
Brown & Brown, Inc. has agreed to acquire a Long Island-based insurance agency, Irving Weber and Associates. The deal is expected to close in late May. With annualized revenues of approximately $4 million, Irving Weber specializes in insurance programs for …
May 11, 2009
A 49-year-old Maine man who was accused of working under the table for Saco-area hotels while collecting workers’ compensation benefits has been sentenced to eight months in jail for theft by deception. Kenneth Villella, who was sentenced last week in …