NIF Group Inc., a New York-based wholesale broker, program administrator and managing general agency, has hired Erich A. Schutz as an excess and surplus lines broker in the East Douglas, Mass., branch office. Schutz joins NIF from DeCotis Specialty, where …
A fast-moving blaze ripped through the business district of a New Jersey town, destroying multiple businesses and causing the partial collapse of at least four buildings, according to officials. Daniel DeGroot, director of public safety for Dover, N.J., said the …
Workers’ compensation insurance rates will decrease for the second year in a row in Delaware, effective December 1, 2018. “I am delighted to approve yet another decrease in workers’ compensation rates in Delaware and even happier to see a double-digit …
Wells Fargo & Co. will pay a $65 million penalty to New York state related to its cross-selling practices. The bank failed to disclose to investors that the success of its cross-selling – the pitching of additional financial products to …
The superintendent of a new captive insurance company charged with distributing millions of dollars to Connecticut homeowners with crumbling foundations is warning he doesn’t have nearly enough money to address the problem. Michael Maglaras said he hopes to secure funding …
Businesses and homeowners in Lancaster, York and surrounding Pennsylvania counties affected by flooding in August will be eligible for low-interest federal loans. Pennsylvania Governor Tom Wolf said Friday those areas have been approved for disaster relief to repair damage caused …
USI Insurance Services (USI), a provider of insurance brokerage and risk management services, has acquired Philadelphia, Penn.-based Beneficial Insurance Services, a wholly owned subsidiary of Beneficial Bancorp Inc. Founded in 2005, the insurance brokerage provides commercial property and casualty, personal …
An Amtrak engineer charged with manslaughter in a deadly high-speed derailment in Philadelphia won’t go on trial until next year because of delays in getting evidence from federal investigators. A lawyer for Brandon Bostian says neither he nor state prosecutors …
Federal officials are investigating a Vermont roofing and construction company whose employee died in a fall at a job site in New Hampshire. The Brattleboro Reformer reports the Occupational Safety and Health Administration opened an investigation into Jancewicz & Son …
Armslist, an online peer-to-peer firearms dealer, was sued on Thursday by a Boston police officer allegedly shot by a convicted felon with a gun purchased on the platform. The officer, Kurt Stokinger, argued in the complaint that the website acted …
