Firefighters battled a blaze at a Massachusetts mulch company that spread to heavy construction equipment and caused over $1 million in damage. Peabody Fire Chief Steven Pasdon says the fire at the J.D. Raymond Company started shortly after 4 p.m. …
Eleven East Coast states have told BP they will hold it responsible for any losses caused by its still-growing oil spill in the Gulf, Connecticut’s attorney general said Monday. “Even without oil actually reaching the Connecticut shoreline, this massive oil …
New and significant rulings have been issued in two of several lawsuits at the forefront of global warming/climate change litigation that are likely to set the future direction of such litigation. These cases are: Massachusetts v. Environmental Protection Agency. The …
Country Sees Growing Power of Hispanic Agents and Customers A group of New York insurance agents has launched a new trade group for Latin insurance producers as well as brokers who serve the Hispanic community in the Northeast. Elmer Rivera, …
A.M. Best Co. announced that it has affirmed the ratings of Chicago-based Chartis Specialty Insurance Company “in conjunction with its recent membership in the Lexington Insurance Pool. The company was previously a member of the Chartis U.S. Insurance Group. Best …
David H. Long has been named president of Liberty Mutual Group. Long, who has been with Liberty Mutual for 25 years, is currently executive vice president, Liberty Mutual Group, and president of Liberty International. Edmund F. Kelly will continue in …
Two in the Bush? “It is incredibly unfair to put people in this position. It’s amazing, really, that it’s even come to this, almost a decade after 9/11.” —Former New York Police Officer Glen Klein, one of more than 10,000 …
Florida Group Stresses Educational Offerings, Serving Non-Latin Agents Following the success of agents in Florida and California, a group of New York insurance agents has launched a new trade group for Latin insurance producers as well as brokers who serve …
$67,000 Restitution paid to nearly 1,600 Virginia customers of Trumbull Insurance Co. – an affiliate of The Hartford – following an investigation by state regulators over premiums charged by the company. Regulators say the company was using improper rates for …
Marsh & McLennan, Kroll, Altegrity Marsh & McLennan Cos Inc. agreed to sell investigations unit Kroll to a firm led by former Marsh CEO Michael Cherkasky for less than the insurance broker paid for Kroll six years ago. MMC plans …
