The family of an 8-year-old boy who fatally shot himself at a gun show in western Massachusetts say the Uzi submachine gun jammed twice before he lost control of the weapon and fired into his head. The family of Christopher …
Chairman Christopher Dodd (D-Conn.) of the Senate Banking Committee on Tuesday introduced a draft of the long-awaited financial services regulatory reform bill. While insurance industry representatives were quick to applaud Dodd, the committee and staff on their work, they also …
A Chancery Court Judge in Cook County Illinois has halted a state insurance department order that prohibited a medical liability insurer from writing new business in the state. On Oct. 22, Illinois Director of Insurance Michael McRaith suspended the operations …
One of the huge pine trees that surrounded Sieglinde Poegel’s home of 42 years crashed through the roof and landed in her living room during the ice storm that crippled much of the Northeast last December. “It sounded like I …
The family of a Connecticut woman mauled and blinded by a chimpanzee sought Wednesday to sue the state for $150 million, saying officials failed to prevent the attack. Attorneys for Charla Nash’s family filed a notice Wednesday with the state …
A.M. Best Co. has upgraded the financial strength rating to ‘A-‘ (Excellent) from’ B++’ (Good) and issuer credit ratings to “a-” from “bbb+” of Arbella Insurance Group and its members. Arbella consists of Arbella Mutual Insurance Company, majority-owned subsidiaries Arbella …
Insurance wholesale broker S.H. Smith & Co. has hired Shawn Young as a vice president in its large property/casualty department and Lisa A. Cox as vice president of it in-house underwriting division. Young, who will be based in S.H. Smith …
A powerful Florida state senator wants insurance companies and HMOs to stop denying coverage of routine medical treatment, such as doctor’s visits and X-rays, for Florida cancer patients participating in clinical trials. And if the insurers won’t do it voluntarily, …
Federal prosecutors say a Waterbury businessman has admitted to ripping off more than $1.3 million from clients that authorities say was used to gamble at Connecticut’s casinos. The U.S. Attorney’s office said 54-year-old Thomas Cipriano — who owned Waterbury-based insurance …
Massachusetts-based insurer Arbella Insurance Group has received a ratings boost by A.M. Best Co. Best upgraded the insurer’s financial strength rating to A- (Excellent) from B++ (Good) and issuer credit ratings to “a-” from “bbb+”. The new rating covers all …
