Tower Group Inc. has completed its acquisition of the personal lines business of OneBeacon Insurance Group for $167 million. The completed transaction includes the acquisition by Towers of Massachusetts Homeland Insurance Co., York Insurance Co. of Maine and two management …
The U.S. Department of Health and Human Services (HHS) announced today the launch of a Pre-existing Condition Insurance Plan (PCIP) that will offer coverage to uninsured Americans who have been unable to obtain health coverage because of a pre-existing health …
Eleven East Coast states have told BP they will hold it responsible for any losses caused by its still-growing oil spill in the Gulf, Connecticut’s attorney general said Monday. “Even without oil actually reaching the Connecticut shoreline, this massive oil …
David H. Long has been named president of Liberty Mutual Group. Long, who has been with Liberty Mutual for 25 years, is currently executive vice president, Liberty Mutual Group, and president of Liberty International. Edmund F. Kelly will continue in …
A Maine couple shouldn’t receive $11 million from Mitsubishi Motors for the 2004 death of their son, the Fourth District Court of Appeals ruled last week. In a 2-1 ruling, the appeals court threw out the 2008 jury verdict, saying …
The National Alliance recently presented 24 scholarships to National Association of Insurance Women (NAIW) members at its 69th Annual Convention held in Arlington, Va. The CIC, CRM, CISR, and CSRM scholarships were awarded at a special recognition ceremony at the …
The Maine Chapter of the Chartered Property Casualty Underwriters Society has elected Scott Miller as its president. Miller is director of premium audit services at Acadia Insurance Co. Other elected and installed officers for 2010-2011 are: President-Elect Deborah A. Gregoire, …
Zurich has appointed insurance broker Marsh U.S. Consumer, as the new administrator for its Programs & Direct Markets’ lawyers’ professional liability program. Marsh will be the administrator for attorneys in Conn., Maine, Mass., N.H., N.Y., Pa., R.I., and Vt. Attorneys …
Alaska, Hawaii and North Carolina get thumbs up while New Jersey, New York and Florida get thumbs down for their tort liability costs in the latest ranking by a free-market think tank. The states with the worst performance had the …
Maine’s highest court has ruled that the city of Lewiston is immune from a lawsuit in connection with a plane crash in 2006 that killed three Lewiston High School students. A superior court judge last year ruled that the city …
