New Jersey-based broker Bollinger has acquired Charles G. Treloar Agency Inc. of Kenvil, New Jersey. Terms of the deal were not disclosed. The agency’s employees will be relocated to Bollinger’s corporate headquarters in Short Hills, New Jersey. The 50-year-old agency …
A former partner in a New Jersey-based insurance firm is going to prison for four years for his role in a $20 million loan scheme. Gavin Gatta’s company, Smith Gatta Gelok, assisted businesses in buying commercial insurance. Gatta admitted that …
A New Jersey woman who claimed the stress of her work as a hospital security guard left her with a psychiatric disability cannot collect workers’ compensation benefits, a state judge has ruled. The case centered on the allegation by the …
Brown & Brown Inc. reports that Charles H. Charlie Lydecker has been elected regional president responsible for a number of the company’s retail operations in the state of Florida and for certain of its retail operations in Arizona, New Jersey, …
U.S. property insurers like Travelers Cos. Inc. and Chubb Corp. were expecting a relatively mild fourth quarter for catastrophe losses, but a series of punishing storms across the country in December may have blown away those estimates. That could add …
Specialty insurance brokers Alliant Insurance Services has acquired New York city-based T&H Group for an undisclosed sum. T&H Group, which operated as Tanenbaum-Harber Co. until changing its name last year, was established in 1860 and primarily targets upper middle market …
Mylan Laboratories Inc. has agreed to pay $65 million to state, federal authorities as a result of an agreement with Texas Attorney General Greg Abbott over charges that the firm inaccurately reported drug prices to the Texas Medicaid program. Under …
A Boston private equity firm has acquired a majority interest in New Jersey-based York Risk Services Group. ABRY Partners purchased the majority interest in York from another private equity firm, Odyssey Investment Partners, for an undisclosed sum, York said. York …
New Jersey will begin a new effort next year to try to improve on a grim reality: Motor vehicle accidents remain the leading cause of death for teenagers and young adults, the age group least likely to wear seat belts. …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa” of the Progressive Agency Pool, Progressive Direct Pool and Progressive Commercial Auto Group (collectively known as Progressive) and their respective …
