A federal report says a train derailment last month near Washington appears to have been caused by heavy rains washing out the rocks supporting the track. WTOP-FM cites a preliminary National Transportation Safety Board report provided Monday on the freight …
Arthur J. Gallagher & Co. has announced the acquisition of Buffalo, N.Y.-based H.R. Keller & Co. Inc. Terms of the transaction were not disclosed. H.R. Keller & Co. Inc.’s Eric Keller, Andrew Coric and their associates will continue to operate …
Orchid Underwriters Agency LLC (Orchid Insurance), a specialty underwriter of catastrophe exposed property insurance, has expanded its Commercial Lines division into New York, Massachusetts, Maryland, Virginia, Georgia, Connecticut, Rhode Island and Delaware. This broadens Orchid’s commercial presence to a total …
New York’s highest court on Tuesday curbed the state attorney general’s ability to fight fraud on Wall Street, awarding a victory to Credit Suisse Group AG as it tries to end an $11 billion lawsuit over risky mortgage securities. By …
Fire officials in Maryland say a construction worker has died after falling down an elevator shaft. WBAL reported that the accident occurred in Cockeysville, Md., which is outside of Baltimore. Michael David Zeller was working in a building that was …
AmTrust Financial Services Inc., a multinational insurance holding company headquartered in New York City, has named J. Daniel Hickey as group chief underwriting officer. Hickey is based at AmTrust’s New York City headquarters and reports directly to Barry Zyskind, chairman …
John Elias has begun his five-year term as Commissioner of the New Hampshire Insurance Department. He was nominated by Governor Chris T. Sununu and unanimously approved by the New Hampshire Executive Council in May. “I am honored to be trusted …
Professional Insurance Agents of New Jersey has elected Lloyd H. “Rip” Bush Jr. as its president at the association’s annual business conference at Harrah’s in Atlantic City. Bush is a producer for Keer & Heyer in Point Pleasant Beach, N.J. …
Pennsyslvania Insurance Commissioner Jessica Altman is encouraging small business owners to ensure they have proper coverage and know how to file claims after storm damage. “Many Pennsylvanians run businesses out of their homes, but many may not have the insurance …
Two insurers on Maine’s individual health insurance market are requesting lower-than-expected rate increases for 2019. Portland Press Herald reports the insurers are requesting average rate increases of over 9 percent in 2019. Higher federal subsidies could help 85 percent of …
