October 27, 2022
Two people whose personal information was compromised in a data breach at Rhode Island’s public bus service that affected about 22,000 people sued the agency and a health insurer this week seeking monetary damages and answers. The class-action suit filed …
October 26, 2022
New York insurance agents have lost their bid to overturn a state consumer regulation governing the sale of life insurance and annuity products that they believe is vague and exceeds the state insurance regulator’s authority. The Regulation 187 that agents …
October 26, 2022
Specialty insurance broker Risk Strategies announced it has acquired Aquarius Capital Solutions Group, an actuarial firm focused on health care, employee and retirement benefits. Founded in 2002 and based in Port Chester, New York, Aquarius Capital provides actuarial consulting solutions …
October 26, 2022
Ten years after Superstorm Sandy pounded New York City’s coastal areas, taking 43 lives and causing $19 billion in damages, many resiliency projects remain years from completion and billions of dollars in recovery funds remain unspent. According to a report …
October 26, 2022
Kraft Sports and Entertainment, owner of the NFL’s New England Patriots, has sued Hiscox Insurance alleging the insurer has failed to respond under media liability insurance policies to multiple claims of copyright infringement brought against the sports company. Kraft Sports, …
October 25, 2022
Independent insurance agency network Renaissance Alliance reports that it has expanded its presence in New York by adding three agencies to its membership. The newest members are Fraleigh and Rakow, with office locations in Rhinebeck, Millerton and Pine Plains; John …
October 25, 2022
A New York lawyer pled guilty Monday in connection with a scheme to obtain millions of dollars in fraudulent insurance reimbursements and other compensation from fraudulent trip-and-fall accidents Damian Williams, the U.S. Attorney for the Southern District of New York, …
October 25, 2022
A nurse practitioner has pleaded guilty to fraudulently billing commercial health insurers and Medicare nearly $4.4 million for services that he never provided to patients as he had claimed, federal prosecutors said. Alexander A. Istomin, 56, routinely submitted fraudulent claims …
October 25, 2022
A Maryland general contractor has spent almost $10.5 million to fix an improperly installed concrete wall system in a school it was hired to build and wants its insurer to reimburse it under a rectification expense coverage in its professional …
October 25, 2022
Maryland will review about 100 autopsies of people who died in police custody involving physical restraint because of concerns about the state’s former medical examiner’s testimony in the death of George Floyd, the state’s attorney general said. A team of …