July 1, 2010
Tower Group Inc. has completed its acquisition of the personal lines business of OneBeacon Insurance Group for $167 million. The completed transaction includes the acquisition by Towers of Massachusetts Homeland Insurance Co., York Insurance Co. of Maine and two management …
July 1, 2010
The U.S. Department of Health and Human Services (HHS) announced today the launch of a Pre-existing Condition Insurance Plan (PCIP) that will offer coverage to uninsured Americans who have been unable to obtain health coverage because of a pre-existing health …
July 1, 2010
A New Jersey grand jury has indicted a Burlington County insurance agent for pocketing payments from three clients, according to Attorney General Paula T. Dow. Lee Schaffer, of Marlton, was charged with insurance fraud, theft by failure to make required …
June 30, 2010
Print it yourself. That’s what New Jersey’s insurance regulator is telling insurance agents about their insurance licenses. The department issued a new bulletin advising agents and public adjusters in the state that, starting next month, it will no longer print …
June 29, 2010
A.M. Best Co. has revised the outlook to stable from negative and affirmed the financial strength rating of A (Excellent) and issuer credit ratings (ICR) of “a” of Mercer Insurance Group of Pennington, N.J. The ratings apply to the four …
June 23, 2010
A.M. Best Co. has revised the outlook to stable from negative and affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the New Jersey-based Mercer Insurance Group. The ratings also apply to the …
June 23, 2010
New Jersey-based The Cumberland Insurance Group has named Paul J. Ritter III president and CEO, following the retirement of current president and CEO Robert P. Brady after 33 years of service. Ritter joined Cumberland in 1999 as the assistant secretary …
June 22, 2010
Fast decisions on life-and-death cases are the bread and butter of hospital emergency rooms. Nowhere do doctors face greater pressures to overtest and overtreat. The fear of missing something weighs heavily on every doctor’s mind. But the stakes are highest …
June 22, 2010
New York-based brokerage and risk management firm Integro appointed Jennifer Romano as managing principal, based in New Jersey. She will manage complex placements and risk consulting services for healthcare clients throughout New Jersey and the Tri-state area under the leadership …
June 22, 2010
Eleven East Coast states have told BP they will hold it responsible for any losses caused by its still-growing oil spill in the Gulf, Connecticut’s attorney general said Monday. “Even without oil actually reaching the Connecticut shoreline, this massive oil …