Following the recent Supreme Court decision that federal rules do not protect drugmakers from state lawsuits, Democrats in Congress have moved to overturn a decision that has shielded medical device companies from similar legal action. Last Wednesday the court turned …
A Massachusetts man has pleaded not guilty to pocketing $36,000 in insurance payments by filing 21 fake injury claims for the same broken tooth. Tod Schaffer of Brookline was released on personal recognizance after pleading not guilty on this week …
Massachusetts Attorney General Martha Coakley wants a public hearing to review the auto insurance rates of a new company entering the market in Massachusetts. Occidental Fire and Casualty Insurance Co. of North Carolina is asking to charge Massachusetts drivers rates …
The people at Chubb Insurance Group’s personal lines insurance unit, which serves people with above-average needs, have 10 new prospects right outside their window. Ten employees in the IT department of Chubb Commercial Insurance, in the building next to the …
Charlotte, North Carolina-based insurance wholesale brokerage AmWINS Group, Inc. has acquired three medical stop loss wholesalers in three separate regions of the country. The firms acquired are American Stop Loss Insurance of Worcester, Mass.; Brokerage Services, Health Benefit Solutions of …
A Massachusetts man has been arraigned in Suffolk Superior Court in connection with allegedly submitting false dental injury reports to insurance companies in order to receive cash settlements. Tod Schaffer, 42, is charged with 19 counts of insurance fraud, 10 …
Paula Rosput Reynolds has a job that would daunt some of the most experienced Wall Street veterans — restructuring American International Group Inc. by selling assets in the midst of a severe credit crunch. Reynolds, 52, was appointed AIG’s chief …
Robert J. Ray has been appointed vice president and treasurer of Rogers & Gray Insurance Agency in Massachusetts. Ray joined the agency in July 2008 as chief financial officer. He previously worked at Hub International, formerly Brewer & Lord, and …
A New Jersey insurance company agreed Tuesday to pay just over $239,000 to settle allegations that it offered improper incentives to a Boston-based brokerage firm. Massachusetts Attorney General Martha Coakley’s office said the Chubb Corp. will pay customers and the …
Terese Cefaioli has joined the CORE Business Group at TD Insurance, Inc. in Methuen, Massachusetts, where she will lead the group’s Life Science and Technology Practice throughout the region, including New England and the Mid-Atlantic states. Prior to joining TD …
