Arizona-based MiniCo Inc. has sold its insurance agency operations and publishing division, MiniCo Insurance Agency LLC, to Aran Insurance Services Group, an insurance services provider based in Rockville Centre, N.Y. MiniCo Insurance will continue to operate from its Phoenix headquarters …
Investigators say a five-alarm fire that caused an estimated $4.5 million in damages to a Sudbury, Massachusetts greenhouse operation was caused by a tractor malfunction. The state fire marshal and the Sudbury fire chief said in a joint statement that …
Massachusetts has approved a 2.4 percent decrease in workers’ compensation insurance costs, a figure that should reduce premiums by an estimated $22.5 million this year. Originally the Workers’ Compensation Rating and Inspection Bureau, a private, nonprofit organization of Massachusetts workers’ …
The payment per claim for prescription drugs used to treat injured workers in Texas was nearly one-third higher than in most study states, according to a new study by the Workers Compensation Research Institute (WCRI). The 16-state study by the …
House Financial Services Committee Chairman Barney Frank, D-Mass., has introduced legislation extending the federal flood insurance program from its current May 31 deadline through September 30, 2010. Frank’s bill would again give Congress more time to address broader reforms and …
The cost per claim of prescription drugs used to treat injured workers in Wisconsin was significantly lower than in most study states, according to a new report by the Workers Compensation Research Institute (WCRI). The 16-state study by the Cambridge, …
Nearly 10,000 Massachusetts drivers’ records will be corrected after four insurers reached settlements with the state over their failure to do so. Attorney General Martha Coakley’s Office reached settlements with Arbella Mutual Insurance Co., Norfolk & Dedham Mutual Fire Insurance …
A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings of “a” of United Fire & Casualty Group (UFCG) and its five P/C members, which …
Heffernan Insurance Brokers headquartered in Walnut Creek, Calif., hired Keith W. Newell as senior vice president, Southern California Construction Practice Leader in its Los Angeles office. Newell will expand Heffernan’s construction insurance portfolio and provides more than two decades of …
Fiesta Auto Insurance Huntington Beach, Calif.-based Fiesta Auto Insurance, a franchise system to combine insurance and tax preparation under one roof, opened 20 new locations. The company’s growth phase has increased its presence to more than 60 open locations throughout …
