February 12, 2016
George Banyas is self-employed, having run a successful optometry business in Richland, Pennsylvania, for the past 15 years. He and his wife have two children, both in their early 20s and attending college. While his business has afforded his family …
February 12, 2016
The Connecticut Insurance Department announced that a Syosset, New York-based construction services firm, RC Structures, is establishing its captive insurance operations in Connecticut. The new captive, called RCX Insurance Company, is the 10th licensed captive insurer in Connecticut. “RC Structures …
February 11, 2016
New Day Underwriting Managers LLC has hired Alyson Lupinetti as account manager in the Construction Group. She is based in New Day’s main office in Hamilton, New Jersey.
February 11, 2016
FBinsure, an independent insurance agency with nine locations in Massachusetts, announced Thursday that it has acquired the Hardy & Ponte Insurance Agency, an independent agency in New Bedford, Massachusetts. Terms of the transaction were not disclosed. FBinsure said Hardy & …
February 11, 2016
Hub International Northeast, a division of Hub International Limited, has hired Allyson Martin as senior vice president and strategic real estate advisor.
February 11, 2016
Knoedler & Co, which before closing in 2011 was New York City’s oldest art gallery, has agreed to settle a lawsuit over an $8.3 million sale of a fake Rothko painting, just as its ex-president was preparing to testify at …
February 10, 2016
Farmers Insurance Group said it recently notified some 50 21st Century Insurance employees in Wilmington, Delaware, that their positions would be eliminated. The move comes as Los Angeles-based Farmers Insurance continues to phase out its auto insurance subsidiary 21st Century …
February 10, 2016
A 10-person jury in Boston on Wednesday rejected the claims made by a class of currently healthy Marlboro smokers in Massachusetts who wanted Philip Morris USA to pay for annual chest scans. Altria Client Services senior vice president and associate …
February 10, 2016
New York Gov. Andrew Cuomo’s 2016-17 fiscal year budget plan includes a proposal to expand the ability of certain governmental entities to use wrap-ups for public works projects — but an insurance producers’ trade group warns the proposal could harm …
February 10, 2016
Philip Morris USA should pay for annual chest scans for thousands of longtime Marlboro smokers in Massachusetts because the company sold a defective and unreasonably dangerous product, a lawyer for the smokers told jurors at the close of a trial. …