News

Minnesota Supreme Court: Medical Liability Insurer Can Withhold Records

The Minnesota Supreme Court has ruled that an insurer created by the Legislature does not have to make its records public. The decision ends a two-year legal battle between the Star Tribune and the Minnesota Joint Underwriting Association. The association …

Scruggs Named CEO of Texas-Based AmWINS Specialty Auto

AmWINS Group Inc. appointed David Scruggs as chief executive officer of AmWINS Specialty Auto (ASA), based in Richardson, Texas. Scruggs previously served as president of ASA. In his new role, Scruggs will be responsible for all day-to-day leadership and operations …

How Another Country’s Insurance Industry Is Facing Climate Change

Tim Grafton, chief executive of the Insurance Council of New Zealand, lives in a country surrounded by risk on all sides, and he’s unabashed in his efforts to use flooding events, frequent storms or other out-of-the-usual weather phenomenon as opportunities …

NYDFS Finds Potential Cybersecurity Vulnerabilities With Banks’ Vendors

The New York State Department of Financial Services (NYDFS) issued a report Thursday that found significant potential cybersecurity vulnerabilities with banks’ third-party vendors. New York regulators noted that banks rely on third-party vendors for a broad range of services — …

Bryn Mawr Bank Acquires Robert J. McAllister Agency in Pennsylvania

Bryn Mawr Bank Corp. in Bryn Mawr, Pennsylvania, announced its acquisition of Robert J. McAllister Agency Inc., an independent insurance agency in Rosemont, Pennsylvania. Terms of the transaction were not disclosed. Founded in 1962, Robert J. McAllister Agency provides insurance …

Arbella Insurance Announces 4 Promotions in Massachusetts

The Arbella Insurance Group in Quincy, Massachusetts, promoted four members of its executive team. Eileen Currie has been promoted to senior vice president of commercial lines, from vice president of commercial lines. Currie has been serving as head of commercial …

Pennsylvania Cities Struggle to Replace Dilapidated Stop Signs

When Heather Kittrell sits on the porch in front of her Scranton, Pennsylvania, home, she sometimes watches as many as five drivers speed through the intersection of Pine Street and Wheeler Avenue. None notices the stop sign. A white smudge …

Calm Atlantic Hurricane Season Forecast Due to Cooler Seas, El Nino

The Atlantic Ocean may have one of its quietest hurricane seasons in decades because of cooler water in the Atlantic and an El Nino in the Pacific, Colorado State University forecasters said. William Gray and Phil Klotzbach predict seven named …

10 Most Common and Costliest Small Business Claims

Four out of 10 small businesses are likely to experience a property or general liability claim in the next 10 years, according to an analysis of The Hartford’s small business claims. Topping the list for the most common claim is …

Patriot National Acquires Hospitality Supportive Systems in Pennsylvania

Fort Lauderdale, Florida-based workers’ compensation services provider Patriot National Inc. announced that it has acquired the assets of Hospitality Supportive Systems (HSS), a Springfield, Pennsylvania-based managing general agent and insurance program administrator to the hospitality industry, and the assets of …

News Archives by Month