October 29, 2018
A Massachusetts Appeals Court has ruled in favor of an insurer in a case involving an automobile accident in which the injured plaintiff sought to obtain underinsured motorist coverage under a policy held by the mother and stepfather of his …
October 26, 2018
An insurance broker who stole nearly $1 million while continuing to sell health care coverage he knew was fake has been sentenced to 18 months in prison. David Clark, 75, of Morristown, N.J., previously pleaded guilty before U.S. District Judge …
October 26, 2018
New York’s attorney general on Wednesday sued Exxon Mobil, saying the Texas energy giant has misled investors about the risks that climate change poses to its operations. The lawsuit filed by Attorney General Barbara Underwood is the latest in a …
October 26, 2018
A.M. Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of bbb+ for Agency Insurance Company of Maryland Inc. (AIC), based in Hanover, Md. The …
October 25, 2018
A Chinese restaurant in New Hampshire accused of over-serving alcohol to three men who later died in a 2016 crash is now on trial. Prosecutors argue 21-year-old Malachi Davis, 21-year-old Hunter Vars and 20-year-old Jack Perrault were all given too …
October 25, 2018
HMS Agency Inc. (HMS), a family-owned and operated insurance agency based in Albany, N.Y., has acquired Adirondack Family Insurance Services of Saratoga Springs, N.Y. The purchase agreement was finalized on July 1, 2018, and represents the fifth acquisition by HMS …
October 25, 2018
Arthur Hall Insurance, a West Chester, Penn.-based insurance agency, has hired Cynthia Hernandez as a commercial lines account manager. In this role, Hernandez will be responsible for all client management services for the Commercial Lines Delaware Division of Arthur Hall …
October 25, 2018
Rogers & Gray Insurance, a South Dennis, Mass.-based insurance agency, has named Robert Bizak to the newly created position of chief partnership officer. In this role, Bizak will be responsible for building upon Rogers & Gray’s acquisitive and/or partnership growth. …
October 25, 2018
Lawyers for Exxon Mobil Corp. stood before a New York judge in August and told the state’s attorney general to “put up or shut up” after spending three years investigating the company’s public disclosures about climate change, saying authorities should …
October 24, 2018
NJM Insurance Group (NJM), a property and casualty insurer in the Mid-Atlantic region of the U.S., has hired Jeneen M. Callahan to lead the expansion of its Teen Driver Safety Program into Pennsylvania. In her role, Callahan will lead the …