Five of the world’s biggest oil companies asked a judge to throw out New York City’s lawsuit seeking to hold them responsible for costs related to the environmental changes caused by their products. BP Plc, Chevron Corp., ConocoPhillips, Exxon Mobil …
USI Insurance Services (USI) announced the closing of its acquisition of Key Insurance & Benefits Services Inc., formerly part of KeyBank. Terms of the transaction were not disclosed. USI is a Valhalla, N.Y.-headquartered insurance brokerage and consulting firm delivering property …
New York Gov. Andrew Cuomo says a proposal to open supervised injection sites for illegal drug users in an effort to combat fatal overdoses will be closely reviewed. Cuomo said Friday that the goal of fighting opioid overdoses is “laudable.” …
New York Attorney General Eric Schneiderman said he’s resigning as the state’s highest law enforcement official, hours after a report in which four women accused him of physical violence. Schneiderman, who built his reputation as a courtroom foe of President …
New Jersey Transit said Thursday it will reduce its train service over the next several months as it tries to install a federally mandated safety system by a Dec. 31 deadline. Last week, the Federal Railroad Administration sent a letter …
MEMIC, a Portland, Maine-headquartered workers’ compensation specialist, has appointed Barrett Parks to the position of safety management consultant. Parks has worked as a logger, equipment operator, technical high school instructor and most recently for the State of Maine as an …
The New York Department of Financial Services (DFS) has fined Chubb Ltd. and its subsidiary, Illinois Union Insurance Company, $1.3 million for underwriting the National Rifle Association (NRA)-branded Carry Guard insurance program in violation of New York insurance law. Through …
The National Rifle Association is suing Lockton Cos., alleging the insurance broker breached its contract with the firearms lobbying group. Lockton administered the NRA’s Carry Guard insurance program, which was advertised as the nation’s “most complete self-defense membership program.” Following …
A federal judge has asked the Connecticut Supreme Court for a better definition of the word “collapse” that could help decide whether homeowner insurance policies should cover repairs to thousands of homes with crumbling foundations caused by defective concrete. The …
The board of directors of NJM Insurance Group formally approved the election of Mitch Livingston to the position of president and CEO at its meeting on April 27. NJM is a West Trenton, N.J.-headquartered workers’ compensation carrier and provider of …
