$1.07 million The fine imposed against the owners of Rhode Island’s The Station nightclub for failing to carry workers’ compensation insurance at the club, the site of a 2003 fire that killed 100 people. Owners Jeffrey and Michael Derderian sought …
N12 Profits lure new players into the ring 10 Big Dig civil suit Mass. Attorney General Reilly targets 3 insurers among 15 defendants
Massachusetts Attorney General Thomas F. Reilly has filed a civil lawsuit against 15 companies including three insurers that provided surety bonds for the general contractor of the Big Dig Interstate 90 connector tunnel that collapsed on July 10, killing Milena …
Mass. employee smoking over firing A Massachusetts man has filed a lawsuit against The Scotts Co., alleging the lawn and garden company violated his privacy and civil rights when it fired him because he smokes. Scott Rodrigues, of Bourne, claims …
Northeast Bank, Palmer Agency The insurance subsidiary of Northeast Bank, Northeast Bank Insurance Group, Inc. has acquired the Palmer Insurance Agency of Turner, Maine. Palmer has six employees and generated $4 million in gross premiums over the past year. The …
$1.07 million The fine imposed against the owners of Rhode Island’s The Station nightclub for failing to carry workers’ compensation insurance at the club, the site of a 2003 fire that killed 100 people. Owners Jeffrey and Michael Derderian sought …
Contingent commission ban “Many industries — not just the insurance industry — rely on performance-based compensation, which is legal, honest and brings many benefits to the insurance marketplace, as it does to our entire American economy. Eliminating all contingent compensation …
For regional carriers, predictive modeling is about more than pricing New analytics mean more than better pricing; they bring regional insurers closer to their agents and attract new business Frank J. Coyne, chief executive officer of Insurance Services Office, recently …
Monoline Auto Classes, Small Commercial Nuts & Bolts: Zurich’s small business agents now have more than 500 monoline auto classes to sell. The company has opened an additional 257 existing America Premier classes for monoline auto and added 238 new …
Trucking Operations Nuts & Bolts: Kansas-based Interstate Insurance Management and Swiss Re’s Commercial Insurance announce the immediate expansion of their insurance program for the trucking industry into Virginia and Indiana. The program, which has been in operation since 1970, provides …
