May 8, 2009
Marsh & McLennan Cos. Inc., the New York-based insurance broker and consulting firm, has agreed to pay $2.4 million to the state of Connecticut to settle claims of bid rigging, price fixing and receiving kickbacks. State Attorney General Richard Blumenthal …
May 8, 2009
A judge on Wednesday approved an agreement that freezes $10 million in assets belonging to the owner of a chimpanzee that mauled a woman. The family of Charla Nash is suing the chimp’s owner, Sandra Herold, for $50 million. Nash …
May 8, 2009
Jennifer Curran could only sit in the pews of her Roman Catholic church over the years and watch as bride after bride — friends, her two sisters — walked down the aisle. Now that her home state of Maine has …
May 7, 2009
New Jersey-based insurance brokerage Bollinger Inc. has acquired Gail Steinberg & Co. Inc. of New York, New York, the company announced. In connection with the merger, Gail Steinberg, president and chief executive officer of her namesake firm, will join Bollinger …
May 7, 2009
Hurricane season is just weeks away, but many south Louisiana parishes cannot show their disaster plans cover evacuation of at-risk populations such as the disabled, the homeless and the elderly, according to the Disaster Accountability Project, a student-led watchdog group. …
May 6, 2009
Police in Plainfield, Connecticut say the bicycle death of a 13-year-old boy over the weekend is being investigated as an accident. William Howard died Saturday after he fell off his bike and struck his head at a skateboard park. Police …
May 5, 2009
New Haven, Connecticut-based agency Abbate Insurance Associates has named Lisa Iannotti-Montz as a personal lines account executive. The 25-year industry veteran will be responsible for new business development and working with the agency’s current clients. Source: Abbate Insurance Associates
May 4, 2009
Money is the lifeblood of any business. But when it comes to running insurance agencies, money isn’t the main thing that principals look for when they do business with a certain carrier. Claims handling, it turns out, is the truly …
May 4, 2009
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. Products Liability for Roller Coasters and Rides Market Detail: MarketScout offers agents access to products …
May 4, 2009
AIG, AIU American International Group, Inc. (AIG) has taken the first step to position the rebranding of its insurance units as an independent entity, AIU Holdings. AIG has transgered the company to a special purpose vehicle (SPV) in preparation for …