Connecticut News

Connecticut Hospital Sued over Woman’s Suicide

The family of a Connecticut woman who killed herself three days after her grandson drowned in a bathtub while under her care is suing Hartford Hospital and a psychiatrist. The lawsuit claims the hospital and Dr. Carl Washburn made a …

Connecticut Doubles Insurance Producer License Fees

The Connecticut Insurance Department has posted a new schedule of fees, effective next month, which doubles the cost of most insurance agents’ licenses. Among the increases: producers license fees and renewals jumped from $40 to $80, and exam fees have …

Kentucky Among States Considering Ban on Texting While Driving

Motorists would be forbidden to send text messages while behind the wheel under proposals awaiting legislative action in Kentucky early next year. Two lawmakers have filed bills that would add Kentucky to a growing list of states — 18 so …

PURE Offers Personal Lines Coverage in Connecticut

New York-based insurer Privilege Underwriters Reciprocal Exchange (PURE) says it will begin offering property and casualty insurance coverage to owners of high-value homes in Connecticut. PURE, which is a member-owned reciprocal insurer, has also received licenses in Maryland, Georgia, Alabama …

Former General Re Executive Napier Gets Probation in AIG Fraud

A former executive of reinsurer General Re Corp. was sentenced to two years probation and fined $10,000 after pleading guilty to helping American International Group cook its books. U.S. District Judge Christopher Droney said his sentence of Richard Napier, who …

Fairfax to Sell Shares to Fund Repurchase of Odyssey Re

Fairfax Financial Holdings Ltd. said Tuesday it will sell $1 billion in stock to fund the purchase of the Odyssey Re Holdings Corp shares that it does not already own. [IJ Note: Neither Standard & Poor’s nor A.M. Best expect …

White House Calls for ‘Urgency’ on Financial Regulation Reform

The Obama administration’s ambitious plan to overhaul U.S. financial regulation was bogged down in Congress as it returned from a long recess Tuesday. With no clear path forward in the Senate, analysts and lobbyists said Democrats would be hard-pressed to …

Arkansas Among States Said to Be Lax on Motor Carrier Safety

A new analysis of government data reveals that more than 28,000 motor carrier companies that operate 200,000 trucks have violated federal safety regulations. The trial bar association, the American Association for Justice (AAJ), said it found commuters are sharing roads …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Waste Operations Program Market Detail: Five Star Specialty Programs’ waste operations program offers a comprehensive …

All About Teamwork

Fostering Close Working Relationships Is a Priority for The NIA Group Top 100 Agency Profile Ranking No.: 19 Agency Name: The NIA Group LLC Headquarters: Paramus, N.J. Year Founded: 1926 Additional Locations: 11 2008 Total Premium Volume: $953.72 million Property/Casualty: …