Top doctors who run one of the most influential U.S. medical journals are giving the U.S. Supreme Court some unsolicited legal advice about a major case. Lawsuits can serve as “a vital deterrent” and protect consumers if drug companies do …
Jack Byrne’s magic business touch has been all about the basics paired with high drama. Once hailed as the Babe Ruth of insurance, he was the man who long ago saved Geico, the automobile insurer that later became a household …
Tokio Marine, Philadelphia Insurance Japan’s Tokio Marine Holdings, Inc. has agreed to acquire Philadelphia Consolidated, a U.S. property/casualty insurance company offering specialty commercial property and casualty insurance to targeted markets. The total transaction value is approximately $4.7 billion. It is …
$475,000 Amount spent on state lobbyists in Massachusetts by Commerce Insurance Group in the first six months of 2008 – making it the largest single spender on lobbying in that time frame. The expenditures come as the state’s largest auto …
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. Personal Umbrella – Hard-To-Place Clients Market Detail: International Excess Agency Inc. offers several specialized personal …
Connecticut Insurance Commissioner Thomas R. Sullivan has fined Vermont Mutual Insurance Co. $144,000 for violations of state law. A market conduct exam conducted by survey alleged that Vermont Mutual had 104 agents who were not appointed, and 15 agents who …
President Bush has declared Addison and Franklin counties disaster areas, making them eligible for federal assistance in repairing damage from last month’s flooding. The federal funds are available to state and local governments and some nonprofit groups for the repair …
New Hampshire officials announced changes in licensing fees for insurance producers and adjusters that include a single $210 application and license fee for initial producer licensing replacing what used to be two separate fees. The producer licensing renewal fee remains …
A.M. Best Co. has assigned a financial strength rating of A- (Excellent) and an issuer credit rating of “a-“to White Mountain Insurance Co. of Burlington, Vermont. The outlook assigned to both ratings is stable. A.M. Best said the ratings reflect …
Giant insurer American International Group has decided to enter the Massachusetts private passenger auto insurance market, according to The Boston Globe. But AIG is not alone. In addition, Vermont Mutual will begin selling personal auto insurance policies in the state …
