Connecticut News

Data Shows Med Mal Indemnity Payments in Connecticut Fell

Lawyers’ Fees Rose While Payouts to Defendants Shrank Fewer than half of the medical malpractice claims settled by Connecticut insurers over the last four years resulted in payments to patients, and the average size of those payments fell last year, …

Business Moves

Marsh & McLennan, Kroll, Altegrity Marsh & McLennan Cos Inc. agreed to sell investigations unit Kroll to a firm led by former Marsh CEO Michael Cherkasky for less than the insurance broker paid for Kroll six years ago. MMC plans …

Climate Change Litigation: Changes on the Horizon?

New and significant rulings have been issued in two of several lawsuits at the forefront of global warming/climate change litigation that are likely to set the future direction of such litigation. These cases are: Massachusetts v. Environmental Protection Agency. The …

Latin Agents Group Launches in New York

Country Sees Growing Power of Hispanic Agents and Customers A group of New York insurance agents has launched a new trade group for Latin insurance producers as well as brokers who serve the Hispanic community in the Northeast. Elmer Rivera, …

Business Moves

Marsh & McLennan, Kroll, Altegrity Marsh & McLennan Cos. Inc. agreed to sell investigations unit Kroll to a firm led by former Marsh CEO Michael Cherkasky for less than the insurance broker paid for Kroll six years ago. MMC said …

Latin Agent Groups Growing, Starting Up, Going ‘Mainstream’

Florida Group Stresses Educational Offerings, Serving Non-Latin Agents Following the success of agents in Florida and California, a group of New York insurance agents has launched a new trade group for Latin insurance producers as well as brokers who serve …

Business Moves

Essential Insurance, Higginbotham The Essential Insurance Group LLC, a property/casualty insurance and surety agency serving greater Houston, has joined forces with Higginbotham & Associates, a national insurance brokerage and financial services firm based in Texas. Under the terms of the …

Connecticut Warns Agents over Surplus Lines Placements

The Connecticut Insurance Department is warning producers against placing coastal homeowners in the surplus lines market if an admitted insurer has offered to renew their policies. Doing so violates state law. In a recently released bulletin, the state says it …

Hingham Group Signs Affiliation Agreement with NLC

Two New England insurers have signed an affiliation agreement that they say will allow them to expand their capital base and combined footprints with agents in most of the six-state region. The agreement brings together Connecticut-based NLC Insurance Cos. and …

Latin Agents Group Launched in New York

A group of New York insurance agents has launched a new trade group for Latin insurance producers as well as brokers who serve the Hispanic community in the Northeast. Elmer Rivera, New York branch manager for Jimcor Agencies and founder …