A long-running effort in Connecticut to extend workers’ compensation benefits to police officers who receive mental health injuries on the job cleared a key hurdle on May 22 after years of defeat in the General Assembly. While the bill passed …
Two New York state lawmakers from Queens have introduced bills to regulate motorized bicycles used commercially with safety and insurance requirements. Sen. Jose Peralta and Assembly member Aravella Simotas propose that the Department of Motor Vehicles maintain a registry, establish …
The Iroquois Group hired Matt Fawber as regional manager in Pennsylvania. Fawber will be part of the Iroquois Group’s Mid-Atlantict team. Fawber joins Iroquois after 20 years on the carrier side of the insurance industry. He started his career with …
Analysts who predicted the U.S. property/casualty industry would have a tough time topping its 2013 results in 2014 were largely correct as there was some slippage. However, while property/casualty insurers were not as profitable as they were in 2013, they …
ING Groep NV is selling a 1.2 billion-euro ($1.3 billion) stake in insurer NN Group NV as it seeks to exit the company by the end of next year. ING is selling 45 million shares of NN to institutional investors, …
NationsBuilders Insurance Services, Inc. (NBIS), a provider of specialty construction insurance and a portfolio company of SunTx Capital Partners, has added workers’ compensation coverage from an A+ A.M. Best rated carrier for heavy construction industries. Workers’ compensation coverage is offered …
Federal officials have agreed to consider a proposal calling for an end to the federal flood insurance model that allows private insurance carriers to write and service policies. Senator Charles E. Schumer, D-N.Y., citing alleged “widespread fraud” and “unjust denials” …
A Portland, Ore. man burned when a hash oil operation exploded has filed an $11 million product liability suit against makers and distributors of the butane canisters he was using. The suit says 28-year-old Kevin Tveisme (TWEYES’-may) was burned over …
A California man was arrested in Arizona on charges that he scammed hundreds of people in three states in a fire insurance inspection scheme. Robert Musich, 46, was being held on bond following his arrest in Lake Havasu City. Musich, …
A hard-fought bill to regulate ridesharing companies such as Uber and Lyft got the green light from Nevada lawmakers in the wee hours of Saturday morning, after weeks of behind-the-scenes negotiations, several public failures for Uber and a marathon workday …
