New Jersey News

General Star Expands Admitted Architects, Engineers Product to NY, NJ

General Star has expanded its architects and engineers professional liability program on an admitted basis to New York and New Jersey. This new feature is part of General Star’s nationwide A & E program, launched in January 2009. The sole …

New Jersey Utility Reaches $450K Settlement Deadly House Blast

Public Service Electric & Gas will pay $450,000 to settle a wrongful death lawsuit brought by the family of a man killed in a 2008 house explosion. Sixty-six-year-old Richard Haas, who lived alone in the three-story Teaneck home, died after …

5 Years in prison to be served by Neil M. Cohen, former chairman of the New Jersey Assembly’s insurance committee, for distributing child pornography. Cohen pleaded guilty in April to charges that he looked at child pornography on a computer …

Massachusetts Revises Workers’ Comp Paperwork Snafu

Bowing to pressure from insurers and agent groups, Massachusetts safety regulators have eased new workers’ comp paperwork requirements for some out-of-state contractors. At issue is a form used by inspectors to verify whether a non-Massachusetts company doing business in the …

People

Connecticut-based managing general agency Business Risk Partners has named Mark Bradway as director of broker relations. He has worked in specialty liability for over a decade. He began his career at wholesale broker Swett & Crawford in Los Angeles specializing …

People

In anticipation of the retirement of Chief Operating Officer John J. Degnan on Dec. 31, 2010, John D. Finnegan, chairman, president and chief executive officer of The Chubb Corp. announced several management appointments, effective Jan. 1, 2011: Paul J. Krump, …

People

J. Michael “Mike” Miley of Indiana-based Gibson Insurance Group was installed as chairman of the Independent Insurance Agents & Brokers of America (the Big “I”). Miley began his insurance career in 1973 and joined Gibson Insurance Group in 1983. He …

Lloyd’s New Director of North America, McGovern, Navigates Turbulent Waters

Addressing Changes in EU and U.S. Regulations; North American Lloyd’s Reorganization Sean McGovern, Lloyd’s general counsel and, since February 2010, the director of Lloyd’s North America, may still have time to pursue his favorite pastime – sailing – but he …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Hotel/Motel Program Market Detail: Specialty Insurance Agency has expanded its hotel/motel program to California. Program …

Texas Work Comp October Enforcement Actions Include Hefty Fines

Final disciplinary actions taken by the Texas Department of Insurance, Division of Workers’ Compensation (TDI-DWC) in October include fines of up to $153,000, the department announced. Commissioner of Workers’ Compensation Rod Bordelon’s orders are subject to appeal to state district …