July 30, 2010
William Dougherty has been named president of the New Jersey Subcontractors Association for its 2011 fiscal year. Dougherty is executive vice president & COO for True and Associates, a full-service insurance and bonding firm based in Westfield, N.J. The New …
July 30, 2010
New York’s attorney general has subpoenaed MetLife Inc. and Prudential Financial Inc. as part of a probe into whether life insurers are defrauding families of deceased military personnel by siphoning off millions of dollars of death benefits for themselves. “It …
July 29, 2010
A former Pennsylvania insurance agent has been sentenced to three years in prison for his role in scheme to steal hundreds of thousands of dollars in premiums, according to the New Jersey attorney general’s office. Thomas Hurd, 53, of Bensalem, …
July 23, 2010
A New Jersey grand jury has indicted a Maryland insurance broker, his companies and an accomplice on charges they conspired to steal $2.5 million from the Perth Amboy school system, the state’s attorney general said. Insurance broker Francis X. Gartland, …
July 21, 2010
New Jersey-based insurance broker Bollinger Inc. has acquired David Szerlip Associates of Berkeley Heights, New Jersey, a specialist in insurance programs for nonprofits. The firm’s clients ranged from large, international nonprofits to small start-ups. David Szerlip will continue with Bollinger …
July 20, 2010
AXIS Capital Holdings Limited’s AXIS Insurance segment has formed a design professionals & environmental liability unit that will specialize in providing coverage for architects, engineers, contractors, consultants and other firms. The new unit will be led by Richard Zarandona who …
July 20, 2010
More New Jersey motorists surveyed say they’re texting behind the wheel and speeding. But the Garden State residents believe New York motorists are the worst drivers. Some 25 percent of New Jersey motorists surveyed in a Fairleigh Dickinson University’s PublicMind …
July 19, 2010
$25 Million Amount sought in a wrongful death lawsuit that has been filed in connection with a 2008 shooting rampage in Virginia that left one man dead and two other people injured. The lawsuit was filed earlier this month in …
July 19, 2010
New Jersey is taking aim at residents who fraudulently register their vehicles or obtain auto insurance in other states. The Assembly recently passed a measure that makes so-called “reverse rate evasion” a form of insurance fraud under state law. Under …
July 19, 2010
An insurance company must defend a homeowner who was sued after a woman overdosed on drugs at a house party he held, the New Jersey Supreme Court has ruled. The ruling by Justice Helen E. Hoens reversed an appeals court …