December 20, 2023
A storm barreled up the East Coast on Monday, flooding roads and downing trees in the Northeast, knocking out power to hundreds of thousands, and forcing flight cancelations and school closures. More than 5 inches (13 centimeters) of rain had …
December 19, 2023
National specialty insurance broker Risk Strategies reports it has acquired Robert Alan Agency, a New York-based retail insurance agency. Established in 1980 by Bob Carlucci, the Robert Alan Agency is headquartered in New City, with additional locations in Montgomery, Liberty, …
December 19, 2023
A New Jersey man has pleaded guilty to orchestrating a $60-$70 million fraud targeting no-fault automobile insurance companies in New York. U.S. Attorney Damian Williams reported that Bradley Pierre of Closter, New Jersey, pleaded guilty to conspiracy to commit bribery …
December 19, 2023
A New York judge has ruled that the “plain language” of Chubb Insurance policies dictates that the insurer must cover the Archdiocese of New York parishes and schools as they contend with thousands of sex abuse lawsuits. Chubb has balked …
December 18, 2023
Law enforcement officials announced the final sentencing in their prosecution of an $18 million workers’ compensation fraud case and the return of $7.75 million to the New York State Insurance Fund (NYSIF). Manhattan District Attorney Alvin Bragg, Jr. on Friday …
December 18, 2023
Firefighters in Washington, D.C., on Friday battled a three- alarm fire that started in a three-story former firehouse under renovation near the U.S. Capitol. DC Fire and EMS said one firefighter declared mayday and was rescued. No injuries were reported. …
December 18, 2023
With prospects for a smoking ban in Atlantic City`s casinos looking hazier than ever, workers who want smoking banned took matters into their own hands, lips and lungs Thursday. Members of the United Auto Workers union disrupted a meeting of …
December 18, 2023
One person was injured and a house was severely damaged Friday by an early morning explosion at a home about 10 miles northwest of Reading, Pennsylvania. A male was hospitalized after the blast just before 7 a.m. in Bernville. A …
December 15, 2023
Stamford, Connecticut-based Webster Bank has agreed to acquire Ametros Financial Corp., a Wilmington, Massachusetts-based custodian and administrator of medical funds from insurance claim settlements. The bank is acquiring the firm from funds managed by Long Ridge Equity Partners. Terms were …
December 15, 2023
The New Hampshire Insurance Department and New England College have announced they will partner for the second year of a course aimed at teaching students about insurance and providing staffing for the industry. Scheduled to commence in the Spring 2024 …