April 29, 2010
NIF Group, Inc., a program administrator, MGA and specialty brokerage firm, has created a product for homeowners. The program is available in New York, New Jersey, Rhode Island, Connecticut and Massachusetts and focuses on coastal risks. An HO-3 and HO-8 …
April 26, 2010
Pennsylvania-based PMA Cos. announced plans to expand its regional hub in Connecticut, a move the insurance services and risk management firm says will help grow its presence in Connecticut, Massachusetts, Rhode Island and Vermont. The expanded New England footprint will …
April 26, 2010
The State Auto Insurance Group, headquartered in Columbus, Ohio, has reached a significant milestone in its sales of personal lines insurance: one million policies and one billion dollars in premium. “Success in our expansion states, along with new products and …
April 26, 2010
A Connecticut court has ruled that Wells Fargo-owned insurance brokerage Acordia Inc. broke the law by failing to disclose it received contingent commissions from five insurers. At issue in the case was an internal marketing program within Acordia known as …
April 23, 2010
The Travelers Cos. Inc. reported net income for the first quarter 2010 dropped just $15 million, to $647 million in Q1 2010, compared to $662 million in Q1 2009. Operating income in the current quarter declined as well to $631 …
April 22, 2010
The Connecticut Insurance Department said it recovered over $1 million on behalf of consumer in the first quarter of the year. The department’s consumer affairs unity, which oversee complaints against insurers, handled roughly 1,600 complaints and inquiries during the three-month …
April 20, 2010
Foremost Insurance Group has launched its DistinctChoice Auto program in Connecticut. The auto program features increased limits, deductible options and coverages. The program also offers broad eligibility and discounts. Some of the highlights include: Multi-Policy Discount (Farmers, Foremost and Zurich …
April 16, 2010
Jeffery Stone and his wife Janette Diller Stone, one-time operators of a now-defunct New York investment firm called Crescent Fund, are not on any government most wanted list. And they aren’t exactly hiding, either. But the former Greenwich, Connecticut, residents …
April 16, 2010
The Property Casualty Insurers Association of America has hired Kristina Baldwin as assistant vice president, state government relations. She will assume responsibility for state government relations activities in New York and Connecticut. Prior to re-joining PCI, Baldwin most recently served …
April 14, 2010
Bermuda-based ACE Tempest Re Group has appointed Steve Roberts as managing director of its international business, which includes operations in London, Zurich, Sao Paulo and Shanghai. Roberts is currently the deputy managing director of the region. He will remain based …