January 26, 2006
Liberty Mutual Group in Boston announced that Tom Leamon, director of its Research Institute for Safety since 1991, will retire in late 2006. Liberty Mutual has appointed Dr. Y. Ian Noy vice president and director to succeed Leamon. Built in …
January 26, 2006
Another insurer has decided it can’t continue to write homeowners insurance policies on Cape Cod. Starting April 1, Vermont Mutual will stop renewing about 4,700 homeowners and 400 dwelling policies, Tom Tierney, president of the insurer, confirmed to Insurance Journal. …
January 24, 2006
A Gloucester, Massachusetts man has been sentenced to jail for committing perjury in relation to a workers’ compensation scheme, Attorney General Tom Reilly announced. Timothy Hayes, 39, pleaded guilty this month to one count each of perjury and workers’ compensation …
January 23, 2006
When people in other states think of Illinois, many things come to mind to epitomize some aspect of the state; for example, some people conjure up images of Abraham Lincoln, while others think of the World Champion Chicago White Sox, …
January 23, 2006
With the extension of the Terrorism Risk Insurance Act, passage of federal class action and crop insurance reform, enactment of asbestos reform in several states and some changes in state laws on pricing, property/casualty industry trade groups made political progress …
January 23, 2006
Hearings to decide rates for the homeowners’ insurance residual market in Massachusetts have been going on since November and will continue for several more months, according to officials. The three major parties–the residual market insurer Fair Plan, the State Rating …
January 23, 2006
Up and down the East coast, much of the most interesting local insurance news in 2005 took place in the courts of law and not in the court of public opinion. A New Jersey Supreme Court ruling allowing people who …
January 23, 2006
Nuts & Bolts: Merchants Insurance Group introduced a newly expanded Identity Recovery Coverage program for homeowners’ policyholders. The new coverage is designed to help victims of identity theft, clear their credit history and repair their identity records. It is available …
January 23, 2006
Nuts & Bolts: Merchants Insurance Group introduced their newly expanded Identity Recovery Coverage program for homeowners’ policyholders. The new coverage was designed to help victims of identity theft clear their credit history and repair their identity records and is available …
January 22, 2006
Bollinger, MLW Services Bollinger Inc. has acquired MLW Services Inc. of New York. The principals of MLW, Andrew Marks, president and CEO, Bert Linder, executive vice president and Chuck Weisblum, chairman, will continue in executive capacities with Bollinger. According to …