Thousands of credit card numbers were stolen from a state government Web site that allows residents to register their cars and buy state permits, authorities said Friday. The private company that runs RI.gov told the state that 4,118 credit card …
Massachusetts is facing a shortage of insurance capital that could jeopardize the state’s entire economy, especially if a major storm hits the metropolitan Boston area, the Commonwealth’s insurance regulator is warning. A major storm hitting the metropolitan Boston area would …
Bollinger, MLW Services Bollinger Inc. has acquired MLW Services Inc. of New York. The principals of MLW, Andrew Marks, president and CEO, Bert Linder, executive vice president and Chuck Weisblum, chairman, will continue in executive capacities with Bollinger. According to …
Welcome to Insurance Journal’s 2006 National Directory of Excess, Surplus and Specialty Markets, Volume 1. This exclusive biannual market directory has been designed to assist independent agents and brokers in the task of placing difficult or unusual risks. For ease-of-use …
Cynthia Hardy Young has been appointed president of Encompass Insurance. She replaces Douglas Wendt, who announced his decision to retire after 32 years of service. Young joined Allstate in October, 2005 as the assistant vice president of product operations for …
Around this time last year, when New Hampshire reported a dramatic increase in motorcycle accident deaths, the state announced it was working on a safety campaign directed specifically at motorcyclists. A $100,000 campaign pleaded for caution by bikers and other …
Insurance producers land new accounts every day. But successfully building a solid block of business from one new account does not happen every day, particularly in the field of construction insurance. Dave Sinclair of Sinclair Group in Wallingford, Conn., remembers …
WellPoint, Inc. and WellChoice, Inc. have completed their merger that they first announced on Sept. 27, 2005. The value of the transaction at that time was estimated to be $6.5 billion. “Our focus as a combined company is to become …
TD Banknorth Inc. has finalized its acquisition of the business of Boothby & Bartlett Company, a 145-year old Central Maine insurance agency in Waterville, through its insurance subsidiary, TD Banknorth Insurance Agency, Inc. As part of the TD Banknorth Insurance …
The Maine Bureau of Insurance has modified the request of the industry’s National Council on Compensation Insurance for an average 1.8 percent increase in workers’ compensation rates for policy year 2006 to 1.2 percent. The new rates are effective Jan. …
