Massachusetts News

Vermont Captive Leader Crouse to Retire

Leonard Crouse, Vermont deputy commissioner of captive insurance and a fixture in the state’s captive insurance industry for 18 years, has announced his plans to retire effective June 1. For more than 30 years Crouse has been a nationally recognized …

New Markets

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. Health Club Nuts & Bolts: Sports & Fitness Insurance is a national underwriting facility specializing …

Up in Smoke No More

States aim to prevent residential fires by requiring ‘fire safe’ cigarettes Movies — think Lauren Bacall and Humphrey Bogart in “The Big Sleep” — often make cigarette smoking look glamorous. Of course, in reality, the practice is anything but. In …

New Markets

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. Collector Vehicles Nuts & Bolts: Markel American Insurance Co. has introduced a collector vehicle insurance …

AIG Reaches $12.5M Settlment With States Over Bid-Rigging Allegations

American International Group, Inc. (AIG) has reached settlements with Florida, West Virginia, seven other states and the District of Columbia relating to their investigations into alleged bid-rigging and price-fixing and questions about undisclosed contingent commissions paid to brokers. Under the …

States Look to Curb Text-Messaging Drivers; Could GPS Users Be Next?

Text messaging is all the rage. Hopefully, not a road rage. An increasing number of state lawmakers are concerned by the rash of accidents caused by text-happy drivers. Although many states already have laws that require cell phone-users to wear …

New Markets

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. Private and Parochial Schools Nuts & Bolts: Francis L. Dean & Associates of Colorado is …

AIG to Pay $12.5M in Settlement with States Over Bid-Rigging Allegations

American International Group Inc. (AIG) confirmed in late January that it reached settlements with nine states and the District of Columbia relating to their investigations into alleged bid-rigging and price-fixing, and questions about undisclosed contingent commissions paid to brokers. AIG …

AIG to Pay $12.5M in Settlement with States Over Bid-Rigging Allegations

American International Group Inc. (AIG) confirmed in late January that it had reached settlements with nine states and the District of Columbia relating to their investigations into alleged bid-rigging and price-fixing and questions about undisclosed contingent commissions paid to brokers. …

N.J.’s Jimcor Names 2 Branch Managers; Plans Relocation

Jimcor Agencies, a Montvale, NJ-based excess and surplus lines wholesaler, has named Jan Jepsen branch manager of its Montvale office and promoted Renee Azelby to branch manager of its southern N.J. office, which will soon relocate to Mount Laurel. Jepsen …