Connecticut Insurance Commissioner Thomas Sullivan has resigned from his position as the Nutmeg State’s top insurance regulator. Sullivan, a former executive at The Hartford, was appointed as the state’s commissioner in 2007 by outgoing republican Gov. M. Jodi Rell. The …
AIM, Quincy Mutual A.I.M. Mutual Insurance Cos. and Quincy Mutual Group will join forces to create the Commercial Solutions Underwriting Alliance, a business arrangement designed to meet the commercial lines product needs of small to medium-sized employers in Massachusetts A.I.M. …
5 Years in prison to be served by Neil M. Cohen, former chairman of the New Jersey Assembly’s insurance committee, for distributing child pornography. Cohen pleaded guilty in April to charges that he looked at child pornography on a computer …
Bowing to pressure from insurers and agent groups, Massachusetts safety regulators have eased new workers’ comp paperwork requirements for some out-of-state contractors. At issue is a form used by inspectors to verify whether a non-Massachusetts company doing business in the …
The current insurance program market is mature and stable, with business estimated at $20 billion, but profitability may be declining, according to a new survey of program administrators and managing general agents. Program experts say their biggest challenge is developing …
U.S. insurers are targeting the wealthy as one of the few client groups willing to pay higher rates and buy more policies, and competition to serve those people is increasing. From life insurers to property and casualty underwriters, the story …
Federal labor officials have taken aim at a Connecticut ambulance company they allege fired a union employee who posted negative comments about her supervisor on her personal Facebook page. The complaint issued by the Hartford office of the National Labor …
For banks under regulatory oversight, Business Risk Partners (BRP) is now offering professional and management liability protections for distressed community banks, including hard-to-find Regulatory Defense Cover for directors and officers as a result of regulatory proceedings and investigations. While the …
Bowing to pressure from insurers and agent groups, Massachusetts safety regulators have eased new, workers’ comp paperwork requirements for some out-of-state contractors. At issue is a form used by inspectors to verify whether a non-Massachusetts company doing business in the …
Connecticut-based managing general agency Business Risk Partners has named Mark Bradway as director of broker relations. He has worked in specialty liability for over a decade. He began his career at wholesale insurance broker Swett & Crawford in Los Angeles …
