Toward the end of 2009, it appeared that a number of issues with the possibility of creating significant political and social changes were on the verge of becoming law before stalling or imploding. One such issue with serious implications for …
A.M. Best Co. has placed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of the operating subsidiaries of Max Capital Group Ltd. under review with positive implications following the recent announcement of its …
The Arizona Senate in an 11-11 vote failed to pass a bill that would have banned texting on a cell phone while driving. If it had passed, SB 1334 would have imposed fines of $50 for from operating a motor …
Connecticut insurance regulators have ordered insurer Zurich to pay $235,000 in fines for having unlicensed agents and adjusters, improperly rating commercial lines, and for lack of oversight for document retention. Insurance companies in Connecticut are required to formally appoint and …
The Professional Insurance Agents of Connecticut Inc has elected new officers. They are: President Howard Olderman, of Milford, who is president of The Olderman and Hallihan Agency Inc. in Ansonia. President-elect: James Berliner, of Danbury, who is president of Berliner-Gelfand …
In business, change brings opportunity. And when it comes to states that have recently legalized gay marriage, some see a marketing opportunity in selling insurance products for wedded gay couples. The “gay market” in the United States is huge, according …
Connecticut-based insurance agency Gowrie has hired Farley Towse as a producer and insurance advisor in its Darien office. Towse will focus on advising clients throughout New England on their insurance needs, including home, auto, umbrella and yacht insurance. Prior to …
Two workers injured in a power plant explosion filed a lawsuit Monday alleging that proper safety procedures were not followed, and an attorney said that included live electricity running through the site, workers welding and a gas-fueled torch heater running …
A Connecticut teenage girl who says she was raped in the back of a taxi in Naugatuck in 2007 has been awarded $1 million in a lawsuit against the alleged attacker and the cab company. A Waterbury Superior Court jury …
PURE Risk Management LLC is expanding its Privilege Underwriters Reciprocal Exchange (PURE), a member-owned reciprocal insurer, to offer property/casualty insurance coverage on high value homes in Rhode Island. PURE will also offer automobile, jewelry, art, personal liability and watercraft insurance …
