June 7, 2006
HealthNow New York Inc., parent company of BlueCross BlueShield of Western New York and BlueShield of Northeastern New York, is acquiring the business and operations of and Brokerage Concepts, Inc. (BCI), a major benefits brokerage and administration firm. HealthNow officials …
June 6, 2006
The CompPAC Trust of Texas, a workers’ compensation self-insurance group administered by First Cardinal of Texas Ltd., reported it has received approval from the Texas Department of Insurance to expand its list of eligible classes to include artisan contractors. The …
June 5, 2006
Great American Financial Resources, Inc. has completed the sale of Chatham Bars Inn, its resort property located on Cape Cod, Massachusetts, for a price of approximately $166 million. In connection with the sale, $10 million of the sale proceeds have …
June 5, 2006
Massachusetts would phase-in competitive rating of private passenger auto insurance over a five year period utilizing “flex band” rating while retaining certain subsidies and restricting how high liability rates can rise in any one year under a new proposal introduced …
June 5, 2006
Boston-based insurance broker William Gallagher Associates has promoted Mary McMahon-Burke, Brian Kelleher and Diane Bradley to vice president. McMahon-Burke has 25 years experience in the insurance industry, and provides services to WGA clients in the high technology, biotechnology and manufacturing …
June 5, 2006
An analysis by the Romney administration found that many Massachusetts low-income residents will have to pay from $30 to $140 a month under state’s new mandatory health care plan, according to a published report. The analysis offered the first glimpse …
June 5, 2006
New Jersey drivers are the “clear winners” due to auto insurance reforms enacted by lawmakers in 2003 according to the Property Casualty Insurers Association of America (PCI), which released a report about the positive effects of auto insurance reform in …
June 5, 2006
e_6_ednotes.xtg @IJ_East_Blue=[C] Imagine spotting a swimmer in the Charles River or finding an empty parking space in Boston. If you succeed, you could have what it takes to be Massachusetts insurance commissioner. Each year since 1977, the Massachusetts insurance commissioner …
June 5, 2006
Rusbuldt, chief executive officer of the Independent Insurance Agents and Brokers of America, needs no introduction to independent agents, insurance company executives or the power brokers in Washington, D.C., before whom he regularly champions agents’ causes and concerns, from compensation …
June 5, 2006
Boston-based insurance broker William Gallagher Associates has promoted Mary McMahon-Burke, Brian Kelleher and Diane Bradley to vice president. McMahon-Burke has 25 years experience in the insurance industry, and provides services to WGA clients in the high technology, biotechnology and manufacturing …