June 1, 2018
The Hanover Insurance Group Inc. has appointed Frank M. Baron as president of Alternative Markets, a newly formed business unit within the company’s domestic specialty group. In this role, Baron will lead the company’s specialty programs, excess and surplus (E&S) …
June 1, 2018
Talcott Resolution, The Hartford’s run-off life and annuity businesses, has been acquired by an investor group led by Cornell Capital LLC, Atlas Merchant Capital LLC, TRB Advisors LP, Global Atlantic Financial Group, Pine Brook and J. Safra Group. Although Talcott …
May 31, 2018
A New York man who broke his arm running on the George Washington Bridge is suing the Port Authority of New York and New Jersey, alleging there’s not enough space for cyclists and pedestrians. Dennis O’Donnell says he was headed …
May 31, 2018
The deadly flash flood that devastated a Maryland town’s historic center in July 2016 was dubbed a 1-in-1000 year event. Less than two years later, an even more treacherous flood ravaged the town, gutting shops and killing a visitor. Exasperated …
May 31, 2018
New York Attorney General Barbara D. Underwood, joined by Attorneys General Xavier Becerra of California and Brian Frosh of Maryland, has led a lawsuit against the United States Environmental Protection Agency (EPA) for the delay of what they allege is …
May 30, 2018
The New York Compensation Insurance Rating Board (NYCIRB), a non-governmental rate service organization, has proposed an 11.7% decrease in the overall loss cost level in New York State. The change was proposed in its 2018 loss cost filing with the …
May 30, 2018
Insurance Center of New England (ICNE), a privately owned and independent insurance agency with three offices in Agawam, Gardner and Westford, Mass., has hired Lori A. Slezek as chief financial officer. In this role, Slezek will report directly to ICNE …
May 30, 2018
Narragansett Bay Insurance Company (NBIC) has named Glen Tiziani senior vice president of Sales & Distribution, effective May 21, 2018. NBIC, a Rhode Island-headquartered, wholly-owned subsidiary of Heritage Insurance Holdings Inc., offers specialty insurance services and products to homeowners through …
May 30, 2018
Monomoy Insurance Group and Rogers & Gray Insurance have launched an admitted residential homeowners product in Massachusetts through a partnership with Spinnaker Insurance Company (Spinnaker), a national property and casualty insurer. Monomoy Insurance Group was established with a goal of …
May 29, 2018
U.S. Senators Edward Markey and Richard Blumenthal are pressing automakers and technology companies that are developing self-driving cars about their safety protocols for test-driving the vehicles. Federal investigators said this week that the system used to automatically apply brakes had …