New Jersey News

Ex-New Jersey School Superintendent Enters Not Guilty Plea

The former superintendent of New Jersey’s fourth-largest school district has pleaded not guilty to corruption charges. Michael Ritacco entered his plea Wednesday during a brief hearing in U.S. District Court in Trenton. He retired last month after he was arrested …

EQECAT Names Keogh President

Catastrophe risk modeling firm EQECAT Inc. has announced that Bill Keogh has been named president of the Oakland, Calif.-based organization. He previously served as senior vice president of strategic initiatives. He succeeds Rick Clinton, who will continue in a consulting …

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 …

New Jersey Ex-Assemblyman Gets 5 Years for Child Pornography

The former chairman of the New Jersey Assembly’s insurance committee has been sentenced to five years in prison for distributing child pornography. Former Assemblyman Neil M. Cohen, of Paramus, has also been barred from any public employment or elected office, …

Tierney Named Operations Chief at Chubb Personal Insurance

New Jersey-based insurer Chubb has named Kathleen M. Tierney chief operating officer of its Personal Insurance segment. Tierney joined Chubb in 1990, and most recently served as senior vice president and eastern territory manager for Chubb Specialty Insurance, where she …

Declarations

Garden Variety Fraud “Consumers should know that in addition to being wide-spread, insurance fraud also affects a wide-spread group of people: everyone.” —New Jersey Insurance Commissioner Tom Considine, commenting on the launch of a new unit within the Department of …

Imprisoned New Jersey Woman Indicted for Auto Insurance Fraud

New Jersey prosecutors say a woman who is currently serving a five-year sentence for insurance fraud and identity theft has been indicted in a separate insurance fraud scheme to steal over $8,000 from Liberty Mutual. Dalynn White, also known as …

People

Massachusetts-based Eastern Insurance Group has appointed Matthew Shadrick as executive vice president of its employee benefits division, Eastern Benefits Group. The 20-year industry veteran most recently served as national sales director for the Aon Consulting Human Capital Practice where he …

New Jersey Man Gets Three Years in Auto Give Up Scheme

A New Jersey man has been sentenced to three years in prison for lying to police and insurance company and falsely claiming his car was stolen, according to state prosecutors. James Sgambati, of Parsippany, was also ordered to pay restitution …

Business Moves

Hub, Burnham & Co. Chicago-based broker Hub International has acquired Burnham and Company Inc., of New Jersey. Terms of the deal were not disclosed. Burnham, based in Englewood Cliffs, has approximately $4 million in annual revenue. It will become part …