September 20, 2010
A former New Jersey insurance agent has been sentenced to five years in prison for stealing over $300,000 in premiums from numerous commercial clients. Richard Pisacane, who served as CEO of the former Northern Financial Group, was also ordered to …
September 20, 2010
Elizabeth Heck has been named president and chief operating officer of New York-based GNY Insurance Cos. She is a 20-year veteran of the insurance industry. She began her career with Ernst & Young, and worked in senior corporate accounting positions …
September 20, 2010
The New York Giants have been sued by a woman and her husband who claim she was attacked by fans during a New York Jets game played at Giants Stadium last year. Michelle Munoz says she attended the Sept. 20, …
September 20, 2010
K&K Insurance, based in Ft. Wayne, Ind., named Todd Bixler president and CEO. Bixler joined K&K Insurance in 1986 as controller, responsible for financial reporting and accounting operations. His subsequent positions of increasing responsibility with K&K included chief financial officer, …
September 20, 2010
Former AIG Chief Executive Officer Martin Sullivan, who was ousted three months before the U.S. government bailed the insurer out, is joining Willis Group Holdings PLC. Sullivan will head a new unit – Willis Global Solutions– that will oversee brokerage …
September 20, 2010
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. PEOs Market Detail: Reliance Administrators, Inc. offers coverage for prospective clients, professional employment organizations, ASOs, …
September 17, 2010
The Hartford Financial Service Group Inc. has formed a Renewable Energy Unit to address the unique and evolving needs of the rapidly growing renewable energy industry. The new unit will provide specialized underwriting and property and casualty insurance products for …
September 16, 2010
Goldman Sachs Group Inc. was hit with a gender bias lawsuit by three women who said Wall Street’s most profitable bank maintains an “outdated corporate culture” that systematically deprives women of pay and promotions available to men. The plaintiffs are …
September 15, 2010
New Jersey lawmakers have advanced a bill that would impose heftier fines for talking or texting while driving. The bill approved Monday by the Senate Law and Public Safety Committee would double the fine for first offenses to $200 for …
September 15, 2010
Standard & Poor’s Ratings Services has revised its outlook on Selective Insurance Group Inc. (SIGI) and its operating subsidiaries (collectively, Selective) to stable from negative. S&P also affirmed its ‘BBB’ counterparty credit rating on SIGI and its ‘A’ counterparty credit …