April 16, 2007
More Garden State employers dropped health insurance coverage for workers last year amid skyrocketing costs that were nearly double what they were five years before, according to a major business association’s survey of its members. The information was likely to …
April 16, 2007
A Massachusetts ink manufacturer whose plant exploded and damaged dozens of homes has mounted a legal challenge to the state’s authority to bill it $312,000 for the cost of responding to the crisis. Lawyers for CAI Inc. in Danvers, Mass. …
April 16, 2007
OneBeacon Insurance Group and Michigan-based Hagerty Insurance Agency and Hagerty Classic Marine Insurance Agency, announced a partnership to provide property and casualty products to the specialized car and boat collector markets. Through this agreement, Hagerty will offer its customers access …
April 13, 2007
Vermont’s Catholic Diocese has met most of the standards set by the U.S. Conference of Catholic Bishops to prevent sexual abuse by priests, but came up short in training volunteers, an audit has found. Vermont and the Cincinnati diocese were …
April 12, 2007
Gibson Engineering says the health care coverage it offers its 35 workers is generous — its plan features high deductibles, but includes a unique self-insurance provision to limit employees’ out-of-pocket expenses. “Our employees like our plan very much, and it …
April 11, 2007
A state fire marshal who said he never noticed a major safety problem at a Rhode Island nightclub where a fire later killed 100 people can’t be sued because state law shields him from liability and because he didn’t ignite …
April 10, 2007
Tower Group, Inc. reported that it has completed the acquisition of Preserver Group, Inc., a New Jersey based property and casualty insurer. This transaction was previously announced on Nov. 14, 2006. Preserver Group, Inc. produced $86 million in direct premiums …
April 10, 2007
For over 30 years Leonard Crouse has been credited as a key figure in advancing the captive insurance industry. Crouse, the deputy commissioner for captive insurance for the State of Vermont, has been honored for his efforts with the 2007 …
April 10, 2007
Houston General Insurance Exchange announced that it will begin offering personal lines products – including coverage for automobiles, homes, condominiums, watercraft and personal liability – to Illinois consumers in May. Houston General Insurance Exchange is a property-casualty insurance carrier that …
April 9, 2007
The request was simple enough: Lloyd’s underwriters had been approached to insure the movement of seven paintings, including one by Cezanne, from Russia to London for valuation and sale. So Lloyd’s contacted the Art Loss Register, a small private company …