August 19, 2008
Insurance Specialty Group LLC has completed its acquisition and merger with E.L.M. Insurance Brokers Inc. of El Segundo, Calif. The company said the combined company will be a “$150 million marketing powerhouse” with10 offices throughout the United States. This acquisition …
August 14, 2008
The government owns hundreds of underground fuel tanks — many designed for emergencies back in the Cold War — that need to be inspected for leaks of hazardous substances that could make local water undrinkable. The Federal Emergency Management Agency …
August 13, 2008
The Connecticut Insurance Dept said it has recovered $630,000 on behalf of policyholders from complaints resolved in the second quarter of this year. Department staff received 1,372 new complaints and inquiries in the second quarter, down slightly from near 1,500 …
August 12, 2008
Liberty Mutual’s Responsibility: What’s Your Policy? television ad campaign has enjoyed great success on television, generating lots of buzz for the company. The campaign has earned free publicity including mentions on The Tonight Show and MSNBC. But the Boston-based insurer …
August 12, 2008
A Seattle accident that killed a visitor from Connecticut celebrating his 25th anniversary has drawn attention to the lack of regulations governing pedicabs, some of which have been criticized for reckless pedaling. Peter Dzioba, 60, a father of four from …
August 12, 2008
AIG Private Client Group, a division of the personal lines property and casualty insurance subsidiaries of American International Group Inc. (AIG), introduced Basic Health Benefits for Private Staff. Available to full-time domestic staff employed by AIG Private Client Group policyholders, …
August 11, 2008
Federal authorities last month assured consumers that a meat plant linked to nearly 50 illnesses caused by tainted ground beef had made enough changes after a recall to ensure that its products were safe. Less than a month later, the …
August 11, 2008
Natick, Massachusetts-based Eastern Insurance Group has acquired Northborough, Mass.-based Kittredge Insurance Agency Inc. Eastern Insurance, part of Eastern Bank, said the acquisition increases its customer base west of Boston, where it already has eight locations. In all, Eastern Insurance has …
August 6, 2008
The Hanover Insurance Group will acquire Windsor, Connecticut-based specialty insurer AIX Holdings Inc., in a move designed to bolster The Hanover’s product and service capabilities for its agents, the company said. “We are very pleased to add AIX Holdings to …
August 4, 2008
Narragansett Bay Insurance Co. of Pawtucket, Rhode Island has named Mark Talerico chief risk officer. Talerico will oversee Narragansett’s distribution of risk in homeowners insurance, and guide the insurers exposure management. Prior to joining Narragansett Bay, Talerico worked as senior …