August 12, 2022
The New York State Insurance Fund reported that it returned more than $550 million over the past year to businesses through its workers’ compensation safety discounts and dividends programs. The state agency provides dividends for companies that belong to a …
August 12, 2022
Insurance broker Hub International Limited has acquired KT&D, Inc. in Wilmington, Delaware. Terms of the transaction were not disclosed. KT&D provides multi-line insurance services, including medical malpractice, commercial and personal, and employee benefits coverage. Scott Yerkes, CEO, and Kelly McGovern, …
August 12, 2022
MEMIC Names Hoff Vice President of Loss Control and Safety The MEMIC Group has named Maryann Hoff, a 17-year insurance industry veteran, its new vice president of loss control and safety. Hoff comes to MEMIC from Safety National Casualty Corp., …
August 12, 2022
Family members of Anton Black and the Coalition for Justice for Anton Black announced they have resolved part of their federal court litigation charging police and municipal officials in three Maryland communities with the unconstitutional killing of the Black teenager …
August 12, 2022
Cross Insurance reported it has acquired Maine Insurance Agency of Portland. The acquisition of Maine Insurance Agency, a fifth-generation family-owned business, expands the coastal region division of Cross. Founded in l905, Maine Insurance Agency offers insurance for homes, autos, recreational …
August 12, 2022
PHILADELPHIA (AP) —Sesame Place has announced the implementation of diversity and inclusion training for its employees following a $25 million class-action lawsuit alleging multiple incidents of discrimination after outcry sparked from a video of a costumed character snubbing two 6-year-old …
August 11, 2022
AM Best has revised the outlooks to negative from stable while affirming the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Claverack Cooperative Insurance Co., Midrox Insurance Co. and Mid-Hudson Co-Operative Insurance …
August 11, 2022
A Rhode Island police department is seeking to fire an officer after video showed him smashing a handcuffed man’s face into the pavement during a fireworks celebration on Fourth of July weekend. The Providence Police Department said Friday that Capt. …
August 11, 2022
A jury on Tuesday acquitted a commercial truck driver of causing the deaths of seven motorcyclists in a horrific head-on collision in northern New Hampshire that exposed fatal flaws in the processing of license revocations across states. Volodymyr Zhukovskyy, 26, …
August 11, 2022
RiverStone, the U.S. insurance runoff specialist of the Fairfax insurance group, announced a tentative agreement to acquire Western Property & Casualty Insurance Co. to be effective this month. The shareholders of Western P&C will enter into a stock purchase agreement …