A federal jury in New Hampshire has awarded $21 million to a woman blinded and scarred by a prescription drug she took for shoulder pain. Karen Bartlett, 51, of Plaistow suffered extreme burns to her skin, mucus membranes and eyes …
Commonwealth Automobile Reinsurers, which oversees Massachusetts’ residual market for auto insurance, has appointed two members to its governing committee. The new committee members are Joseph P. Leahy Jr., a principal of Leahy & Brown Insurance and Realty in Springfield, and …
Risk modelers say Hurricane Earl caused extremely minimal damage as it passed by the East Coast and agents in the hardest hit area of the United States, the Outer Banks of North Carolina, are receiving few claims. “We had very …
A New Hampshire woman is seeking more than $24 million in damages from the maker of a prescription drug she took to ease shoulder pain, but suffered a reaction so severe that she is now blind and scarred by internal …
Robert Clements, a global insurance industry leader who helped start several insurers and a brokerage died on Sept. 4, 2010 of cancer at age 77. Clements founded Arch Capital Group and Ironshore Inc. and was instrumental in the launching of …
Upstate New York-based wholesaler Russell Bond & Co. has opened a branch office in Massachusetts. The new office, located in Westfield, is headed by Barbara Simpson. __ Source: Russell Bond & Co.
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. Contractors Preferred Program Market Detail: Tangram Consulting and Underwriting Services Contractors Preferred Program is a …
A mortgagee that foreclosed on a fire-damaged apartment building in Massachusetts cannot recoup lost rent under a business owner’s policy, the state’s Appeals Court has ruled. The case centered on a lawsuit filed by Casco Bay Finance Co. against Quincy …
Synergy Benefits, Brown & Brown Florida-based Brown & Brown has acquired Virginia-based benefits firm Synergy Benefits Inc. for an undisclosed sum. Synergy, which has annual revenue of approximately $1.2 million, will merge with the Manassas office of Brown & Brown …
The vacant and distressed property segment, which was barely thought of two years ago, has been a beacon of light for insurers. This class has boomed in the past couple years as the economy has forced the closure of many …
