A.M. Best has removed from under review with negative implications, downgraded the Long-Term Issuer Credit Ratings to “aa-” from “aa” and affirmed the Financial Strength Rating of A+ (Superior) for the members of Andover Companies Pool. The outlook assigned to …
Kaufman Dolowich & Voluck LLP (KDV), a national law firm headquartered in Woodbury, N.Y., is expanding its Insurance Coverage & Litigation Practice with the addition of three directors and officers liability partners in its New York City office. KDV now …
Jurors are set to weigh an investment banker’s claims that using Johnson & Johnson’s baby powder for more than 30 years caused him to develop a deadly cancer linked to asbestos. A New Jersey jury will begin deciding Wednesday whether …
Massachusetts can move forward with a lawsuit accusing credit reporting firm Equifax Inc. of failing to safeguard its databases or provide prompt notice of a breach that exposed the personal data of 147 million people, a state court judge has …
A Delaware judge says a paralegal injured while playing on his law firm’s softball team is not entitled to workers’ compensation. The judge ruled late last week that Delaware’s Industrial Accident Board erred in concluding that William Weller ruptured his …
Cook Maran & Associates (Cook Maran) has acquired Rosenthal Insurance Group Inc. (Rosenthal). Cook Maran is a New York and New Jersey insurance broker and the New York metropolitan area platform for Prime Risk Partners (PRP). Rosenthal is a Wayne, …
IAT Insurance Group (IAT) has reached a definitive agreement to acquire IFIC Surety Group Inc. for an undisclosed amount. The acquisition signals IAT’s entry into the surety market. The closing of the transaction is subject to customary regulatory approvals. IFIC …
A Jersey City, N.J., woman has been charged with stealing more than $46,000 by fraudulently collecting her mother’s workers’ comp dependency benefits for nearly three years after she died. Wanda Berry was indicted on charges of second-degree insurance fraud and …
Worldwide Facilities has acquired Tennant Risk Services Insurance Agency LLC. Worldwide Facilities is a Los Angeles, Calif.-headquartered, national wholesale insurance brokerage and managing general agency. Tennant Risk Services Insurance Agency is a West Hartford, Conn.-based wholesale insurance broker and underwriting …
Ryan Specialty Group LLC (RSG) has completed its acquisition of the assets and operations of New Day Underwriting Managers LLC (New Day), a specialty intermediary with offices in Hamilton, N.J. New Day was founded in 2005 and is a specialist …
