A.M. Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of a- to Auto-Owners Specialty Insurance Company (AOSIC) of Dover, Del. The outlook assigned to these ratings is stable. These ratings reflect AOSIC’s …
The U.S. Occupational Safety and Health Administration is investigating the cause of a worker’s injuries at a Massachusetts brewing company. Fire officials say a man suffered serious burns at Trillium Brewing Company in Canton shortly before 5 p.m. on Tuesday. …
A central New York orthopedic surgeon has been sentenced for running an ongoing scheme that defrauded the workers’ compensation system by nearly $87,000. Dr. Gregory B. Shankman, of Clinton, N.Y., was sentenced in Oneida County Court for his previous guilty …
The New York State Workers’ Compensation Board has released a proposed increase in medical reimbursement to providers who treat workers’ compensation patients. The proposed medical fee schedule includes an overall fee increase for all provider types, as well as additional …
The PURE Group of Insurance Companies, which is based in New York, N.Y., and includes Privilege Underwriters Reciprocal Exchange (PURE) – the policyholder-owned property and casualty insurer designed for high-net-worth individuals and families – has appointed Michael Taylor to chief …
In Boston’s booming Seaport District, General Electric is building its new world headquarters, Amazon is bringing in thousands of new workers, and Reebok’s red delta symbol sits atop the new office it opened last year. Three businesses are testing self-driving …
Venture Programs, a West Chester, Penn.-based insurance program administrator, has hired Sarah Singleton as an underwriter for FITLIFE, its insurance program for fitness, wellness and spa facilities. In this role, Singleton will be responsible for supporting the practice leader’s efforts …
Shoreline Financial Group, a financial services group based in Clinton, Conn., has joined Satellite Agency Network (SAN) Group Inc., a Hampton, N.H.-based alliance of independent insurance agencies in the Northeast. Shoreline Financial Group is a life, home and auto insurance …
A bill outlining various consumer protections regarding the use of credit-based insurance scores has passed the Vermont House and Senate and has been allowed to become law without the governor’s signature, effective May 28. Vermont was one of a handful …
A two-story home being demolished in Philadelphia, Penn., partially collapsed Monday, killing one of two contractors who had been trapped, officials said. Two men were working on the building shortly before 11 a.m. when the rear of the property collapsed, …
