Markel Corporation has named John Lecci as senior director of Professional Liability. He will be heading up the New York-based US Professional Errors & Omissions team. Lecci was most recently employed by Axis, where he was responsible for underwriting management …
A Wilmington, Del., woman was indicted by the New Castle County Grand Jury for insurance fraud and other felony charges. Theresa T. Milton was indicted on seven felony counts of insurance fraud, one felony count of theft by false pretense …
AM Best has assigned a financial strength rating (FSR) of A (excellent) and the long-term issuer credit rating (long-term ICR) of “a+” to Reamstown Mutual Insurance Company. The outlook assigned to these credit ratings is stable. Concurrently, AM Best has …
Everest Insurance has appointed Vahan Paretchan vice president and East Region leader for its Risk Management casualty division, which provides primary casualty solutions to customers in the large account marketplace. In his new role, Paretchan will oversee a team of …
Alera Group, a national insurance firm, has acquired Comprehensive Benefit Administrators (CBA), effective Aug. 1, 2019. Terms of the transaction were not disclosed. CBA, located in Norwell, Mass., specializes in brokerage services, claims administration and enrollment, designing tailored benefit plans …
Dartmouth College announced Tuesday that it has settled a contentious federal lawsuit with nine women who sued the school over allegations that it ignored years of harassment and assault by former psychology department professors. In a statement Tuesday, both sides …
SterlingRisk Insurance, an independently owned insurance brokerage based in New York, has hired Katrina Wu as assistant production Underwriter. A licensed property & casualty broker and licensed life, accident & health broker, Wu is currently focused on commercial insurance and …
Fire officials say faulty electrical wiring caused a fire in a Bronx building that injured a baby and five firefighters. The Red Cross offered shelter and food to dozens of families displaced after Monday’s blaze in the five-story building in …
A federal grand jury has indicted two Maryland men on charges they stole the identities of natural disaster victims and fraudulently registered for millions of dollars in life-saving relief funds. Federal prosecutor Robert K. Hur stated Friday the grand jury …
The FBI has announced that a reward of up to $20,000 is being offered for information leading to whoever started three fires at two Jewish centers in suburban Boston. Law enforcement on Tuesday released new surveillance images and video of …
