July 22, 2008
Plainville, Conn. police have arrested a Portland woman, accusing her of trying to retaliate against her former boss by having electricity cut off to his home. Police say 33-year-old Susan Armato was fired June 25 from her job at a …
July 21, 2008
Connecticut-based Darwin Professional Underwriters, Inc. is offering insurance coverage for health care organizations, financial institutions, and other businesses that utilize data as part of their daily business practices. Darwin’s Privacy//403 product offers data privacy and network security liability protection, targeting …
July 21, 2008
Connecticut Insurance Commissioner Thomas R. Sullivan has fined Vermont Mutual Insurance Co. $144,000 for violations of state law. A market conduct exam conducted by survey alleged that Vermont Mutual had 104 agents who were not appointed, and 15 agents who …
July 21, 2008
While a rural area to the northeast of Denver, Colo., tops the nation when it comes to metropolitan areas most prone to tornadoes, Texas leads the states in the average total number of tornadoes per year in the continental United …
July 18, 2008
Ernesta G. Procope, chairman and founder of insurance broker E.G. Bowman Co., has received a lifetime accomplishment award from the National African American Insurance Association, New York Tri-State Chapter. Procope was presented the Pioneering Award during a recent chapter meeting …
July 15, 2008
New Hampshire officials announced changes in licensing fees for insurance producers and adjusters that include a single $210 application and license fee for initial producer licensing replacing what used to be two separate fees. The producer licensing renewal fee remains …
July 14, 2008
Battered by critics who blame them for helping to foment the U.S. subprime mortgage meltdown, credit raters are now trying to fend off lawsuits — including fraud claims brought by their own shareholders. Many financial companies, including banks and lenders, …
July 10, 2008
A Connecticut business owner has been sentenced to one year of home confinement for participating in a scheme to steal furniture from The Hartford Insurance Company. Terrance Healy of Windsor, was sentenced Tuesday in federal court in Bridgeport to four …
July 7, 2008
Hudson Insurance, Hooghuis Hudson Insurance Group, the U.S. insurance division of Odyssey Re Holdings Corp.has acquired Hooghuis Group LLC, an underwriting agency specializing in U.S. directors and officers liability (D&O) insurance. Hooghuis has been underwriting D&O business for Hudson and …
July 7, 2008
In the past three years, the insured value of properties in coastal areas of the United States continued to grow at a compound annual growth rate of just over 7 percent, according to a new report released by AIR Worldwide …