The president and CEO of a Taunton, Massachusetts, insurance agency has been indicted in connection with an alleged embezzlement scheme that left client companies uninsured, Attorney General Maura Healey announced. David Pietro, of Sandwich, Massachusetts, and his company, DGP Miles …
Florida has again taken the top spot for strongest building code with Virginia right behind in second place. That’s according to the 2021 edition of the Insurance Institute for Business & Home Safety (IBHS) report Rating the States, which every …
A jury must decide whether a grocery store should be held liable for a collision between a vendor’s snack food cart and a shopper riding an electric scooter, a judge ruled Wednesday. Superior Court Judge Jan Jurden refused to grant …
Hackers infiltrated computer systems for the Metropolitan Transportation Authority in New York, setting off a scramble to counter a potentially crippling cyberattack against North America’s largest transit system, MTA officials confirmed on Wednesday. The officials said in a statement that …
AM Best has revised the outlooks to negative from stable and affirmed the financial strength rating of A- (excellent) and the long-term issuer credit ratings of “a-” (excellent) of New London County Mutual Insurance Company, Hingham Mutual Fire Insurance Company, …
New York’s Greene & Associates Hires Rapini as Chief Financial Officer Greene & Associates Inc., based in East Aurora, New York, has hired Phil Rapini as its new chief financial officer. Rapini will be responsible for overseeing the financial operations …
Venerable Holdings Inc. has completed its acquisition of Corporate Solutions Life Reinsurance Company (CS Life Re), a Delaware domiciled and New York licensed reinsurance company, from Equitable Holdings Inc. With the close of this transaction, Venerable’s pro forma assets under …
New York City and 21 of New York’s counties on Tuesday announced a lawsuit against consulting firm McKinsey & Company, accusing the company of contributing to the opioid crisis by helping create strategies to increase prescription drug sales. In the …
Four firefighters and one civilian were injured Thursday when a Philadelphia Fire Department firetruck crashed into a building after a collision with another vehicle. The firetruck had left a nearby fire station and had its lights and siren on as …
Pennsylvania Insurance Commissioner Jessica Altman is urging property owners to consider purchasing flood insurance to protect their homes, businesses and possessions. For many Pennsylvanians, extreme weather, including flooding caused by hurricanes and severe thunderstorms, can be a common occurrence throughout …
