October 26, 2009
Boston-based insurance brokerage William Gallagher Associates has acquired RPG Insurance Administrators Inc. (RPG) of Medfield, Massachusetts for an undisclosed sum. RPG specializes in risk management services to medium- and large-sized health care organizations, including hospitals and physician practices. “WGA has …
October 26, 2009
Massachusetts police say they are searching for two men suspected of robbing a woman of $27,000 after she flashed the cash in a Springfield bar. Sgt. John Delaney said on Friday that the 22-year-old woman was robbed Monday night by …
October 23, 2009
A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A-‘ (Excellent) and the issuer credit rating (ICR) to “a” from “a-” of MAPFRE Insurance Company of Florida. Best also affirmed the FSR of ‘A-‘ (Excellent) …
October 22, 2009
John W. Hawie has been hired by Louisiana Workers’ Compensation Corporation (LWCC) as senior vice president and chief investment officer. He left a position as senior vice president and chief investment officer for Commerce Group in Webster, Mass., to take …
October 21, 2009
Some investors defrauded by epic swindler Bernard Madoff on Tuesday added accounting firm KPMG, JPMorgan Chase and Bank of New York Mellon to a civil lawsuit in a New York court, lawyer Joseph Cotchett said. The lawyer, who also named …
October 21, 2009
Cigarette maker Philip Morris USA Inc. might have to pay for chest scans so long-time smokers can get early warning of lung cancer, the highest court in Massachusetts ruled. The Supreme Judicial Court ruled unanimously that under some circumstances, Massachusetts …
October 19, 2009
$2 Million Verdict amount awarded to a Wal-Mart pharmacist who claimed she was fired by the retail chain after asking to be paid the same as her male colleagues. Cynthia Haddad was fired in 2004 after more than 10 years …
October 19, 2009
Norfolk & Dedham, Rockingham Two East Coast-based mutual insurance companies have formed a mutual alliance that they say allows them to achieve efficiencies, diversification and spread of risk without actually merging their companies. The Norfolk & Dedham Group and the …
October 19, 2009
One of Massachusetts largest auto insurers is sponsoring a program that allows the state’s registry to notify drivers when their licenses come up for renewal. Arbella Insurance Group, said it has become the charter sponsor of the Massachusetts Registry of …
October 19, 2009
A new report shows a continuing trend of recovery for the medical malpractice industry in Florida that had been experiencing double-digit rate increases and lack of availability prior to legislative reforms enacted in 2003. The report shows a net decline …