February 4, 2021
The New York State Department of Financial Services (DFS) has issued new guidance spelling out best practices for New York-regulated property/casualty insurers that write cyber insurance. This serves as the first guidance the regulator has issued on cyber insurance in …
February 4, 2021
A construction worker was killed when the excavator he was operating fell into a waterway, leaving him trapped him inside the equipment, authorities said. The man was part of a crew working at a site in Linden, New Jersey, when …
February 4, 2021
Owners of a solar energy farm in Massachusetts have reached a settlement with the state’s attorney general’s office to remediate a large tract of wetlands and riverfront damaged during construction of the site in 2018. Dynamic Energy Solutions agreed to …
February 3, 2021
Maury, Donnelly & Parr Inc. (MDP) and the Kastendike Insurance Group (KIG) has acquired Connecticut-based Northeastern Underwriters LTD. (NEU). The transaction became effective January 1, 2021. As part of the transaction, NEU will continue to work out of its existing …
February 3, 2021
New York may have undercounted COVID-19 deaths among nursing home residents by thousands, the state attorney general charged in a report Thursday that dealt a blow to Governor Andrew Cuomo’s oft-repeated claims that his state is doing better than others …
February 3, 2021
USG Insurance Services Inc., a national wholesaler and managing general agency (MGA), has hired Edwin Tejada as a producer/broker for commercial lines in the Philadelphia, Pennsylvania, branch. Tejada joins the USG team with eight years of experience in the insurance …
February 2, 2021
The Hilb Group LLC (THG) has completed its 100th acquisition by acquiring New York-based Rampart Brokerage Corporation & Affiliates (RBC). The effective date of the acquisition was December 1, 2020. Headquartered in Lake Success, New York, with nearly 200 employees …
February 2, 2021
CRC Group, a national wholesale distributor of specialty insurance products, has acquired the assets of Washington D.C.-based Federal Employee Defense Services (FEDS), a niche managing general underwriter specializing in professional liability coverage for federal government employees and contractors. FEDS is …
February 2, 2021
Victor Creatini says he was taking a bike ride with his dog on a leash beside him when a pit bull ran into the street and attacked his dog, causing him to fall from his bike and suffer injuries. Although …
February 1, 2021
The Private Risk Management Association (PRMA), a nonprofit educational organization for risk management professionals in the insurance industry, has formed its newest chapter in Philadelphia, Pennsylvania. PRMA chapters are an extension of the larger 3000-member national association that aims to …