September 23, 2020
MMG Insurance Company has hired David McPherson as senior vice president of operations, effective September 1, 2020. McPherson will work closely with Matt McHatten, current executive vice president and chief operating officer, to transition into his role. This new position …
September 23, 2020
The Hilb Group LLC (THG) has acquired Connecticut-based Ganim Group Inc. (Ganim Benefits) from Ganim Financial Inc. The transaction became effective on September 1, 2020. The Ganim Benefits team, including Valerie Koch, will join THG of New England and continue …
September 23, 2020
A small plane traveling from Vermont crash landed on a residential street in Pennsylvania, injuring the pilot and a passenger. The single-engine aircraft was trying to land at Wilkes-Barre/Scranton International Airport on Sunday night when the pilot apparently had engine …
September 22, 2020
New York State Department of Financial Services (DFS) Superintendent Linda Lacewell today implemented several new initiatives to address climate-related financial risks, calling on insurers to begin integrating these practices into their risk management and business strategies. This move comes amidst …
September 22, 2020
Three passengers suffered minor injuries Sunday when a New York City subway train derailed after hitting construction debris that had been thrown onto the tracks, authorities said. The derailment happened at about 8:15 a.m. at the 14th Street and Eighth …
September 22, 2020
Davies, a specialist professional services and technology business, has acquired TriPlus Service Inc, a long-term care insurance third party administrator (TPA) based in Massachusetts. TriPlus provides its long-term care carrier clients with claims and policy administration management solutions as well …
September 21, 2020
A state of emergency remained in effect Thursday in the city of Westbrook, Maine, where workers have been assessing landslides that blocked the Presumpscot River. Westbrook Fire Chief Andrew Turcotte said Thursday that the immediate threat of flooding subsided, but …
September 21, 2020
Connecticut Insurance Department Commissioner Andrew N. Mais has named Fenhua Liu as the new director of the department’s Captive Insurance Division. Liu has more than 25 years of global experience in insurance and risk management that will serve the department …
September 21, 2020
Arthur J. Gallagher & Co. has acquired Charles W. Merriam & Son Inc., d/b/a The Merriam Agency. Terms of the transaction were not disclosed. Founded in 1895, The Merriam Agency is a full-service insurance agency with offices in upstate New …
September 18, 2020
New York state filed civil charges on Thursday accusing Johnson & Johnson of insurance fraud for downplaying the risks of opioid painkillers, including to doctors and elderly patients. Governor Andrew Cuomo said the charges by New York’s Department of Financial …