February 6, 2019
Vermont legislators are seeking to ban insurance companies or Medicaid from requiring pre-authorization before approving medication-assisted treatment. Democratic Rep. Ann Pugh tells The Times Argus she wants to remove any barriers between someone with a substance use disorder and treatment. …
February 6, 2019
Relation Insurance Services, an insurance brokerage that offers risk management benefits and third party administrator (TPA) consulting services through its family of brands across the U.S., has entered into a definitive agreement acquiring J. Deutsch Associates Inc., a New York …
February 6, 2019
SterlingRisk Insurance, a Woodbury, N.Y.-based independently owned insurance brokerage, has hired Steven Guthart as president and chief marketing officer. Guthart brings more than 30 years of industry experience to SterlingRisk. He previously served as president of Brooklyn operations at HUB …
February 5, 2019
When Governor Andrew Cuomo of New York launched his statewide banking and insurance regulator several years ago, he picked an aggressive ex-prosecutor who’d spent years under his wing. Now, in naming his latest chief of the state’s Department of Financial …
February 5, 2019
USI Insurance Services (USI), a provider of insurance brokerage and risk management, has acquired New York-based GFI Insurance Brokerage Inc. Terms of the transaction were not disclosed. Founded in 2003, GFI provides commercial property and casualty, employee benefit and personal …
February 5, 2019
Workers’ compensation specialist The MEMIC Group promoted Ben Delcourt to underwriting manager and Shae-Li Fendler to underwriting analyst manager. Delcourt manages the underwriting team, which represents more than 60 percent of Maine’s employers. He joined MEMIC in 2012 as an …
February 4, 2019
A Peabody, Mass.-based insurance agency has been ordered by a Massachusetts judge to pay more than $5 million in restitution to its small business customers after they were overcharged for insurance products. The final judgment, entered by Suffolk Superior Judge …
February 4, 2019
Ryan Specialty Group LLC (RSG) has acquired the assets and operations of Boston Insurance Specialists Inc. (BIS), an independently owned wholesale insurance brokerage with offices in Mansfield and Westfield, Mass. Terms of the transaction were not disclosed. BIS’ team is …
February 4, 2019
A Connecticut city says it has recovered more than half the nearly $1 million stolen from city accounts during a 2016 hacking scheme. An attorney for the city of Norwalk said Wednesday that by filing claims, complaints and a lawsuit …
February 4, 2019
Police have arrested a New Jersey man who they say faked a slip and fall at a business to get insurance money. Prosecutors say the 57-year-old Randolph man was subcontracted to work at a company in Woodbridge when he faked …