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. High-Value Homeowners’ Protection Market Detail: Irwin Siegel Agency Inc. brings agents access to AIG’s Private …
Liberty Mutual Group is throwing in the towel on direct distribution of insurance to middle market businesses. Since it couldn’t beat independent agents and brokers – who dominate sales in this segment – Liberty Mutual has decided to join them. …
Lawmakers vowed this week to press for stronger food safety laws and more money for inspections as the list of recalled peanut products surpassed 1,000 in an ongoing national salmonella outbreak. “There is an openness to putting together the strongest …
The Connecticut Insurance Department says its market conduct division collected over $4.1 million in fines from insurance companies and agents in 2008 — more than three times the amount collected in 2007. In 2007, the department collected $1.3 million for …
A serial home arsonist, an elected judge who made phony auto injury claims, and dentists who did worthless root canals on children were among the nine swindlers elected to the Insurance Hall of Shame. The Coalition Against Insurance Fraud’s Hall …
Connecticut officials can thank some lawbreakers for helping a bit with the state’s budget deficit, which continues to be fueled by income and sales tax revenue declines. State police say they issued nearly 78,000 speeding tickets last year, a 16 …
The Hartford, Connecticut office of Colemont Insurance Brokers has assigned new management responsibilities for several key members of its personnel. Michael O’Brien, vice president, has been named Financial Services Team Leader, overseeing the Hartford office’s team of financial services brokers. …
State insurance regulators voted against a proposal to loosen capital requirements for the battered life insurance industry, shooting down hopes for up to $30 billion in relief. The National Association of Insurance Commissioners (NAIC), a group representing regulators in all …
Natick, Massachusetts-based Eastern Insurance Group has acquired Rosemary Walker Insurance Agency in Danvers. Terms of the deal were not disclosed. Rosemary Walker was founded in 1970. Eastern said the acquisition will increase its customer base north of Boston, where it …
Westfield Insurance, NGM Insurance Co. Westfield Insurance will transfer its personal lines business in Delaware to The Main Street America Group’s NGM Insurance Co., Main Street said. Westfield, which is headquartered in Westfield Center, Ohio, entered Delaware in 2000 through …
