A Massachusetts restaurant owner who failed to upgrade his obsolete fire suppression system was not entitled to collect insurance money after a massive fire six years ago — and must return $15,000 advanced to him by his insurer, an appeals …
Pennsylvania Gov. Tom Corbett has signed a change to the state’s worker’s compensation insurance laws that will allow insurers to write coverage for owners and partners of small businesses. Agents in state have long backed the change, which would extend …
Changes in agent-licensing procedures mean New Yorkers can now print and renew their licenses online and Connecticut agents will now only be able to file licensing documentation electronically. In New York, agents, brokers and other licensees of the New York …
A task force of state insurance regulators has recommended that states support legislation to protect agent and broker commissions from the expense cap imposed on health insurers by the new federal healthcare law’s medical loss ratio (MLR). A health insurance …
Barely a day goes by without news of another data breach at a major corporation or institution. From Sony to Citicorp and the International Monetary Fund to the U.S. Senate, systems have proved vulnerable to hackers with uncertain motives. For …
Drivers may see it as “Big Brother”, but insurers and program managers that cater to commercial fleets say the use of technology such as cameras, black boxes and other tools that manage fleets is increasingly viewed as the cornerstone of …
It’s a sight to which native New Englanders are unaccustomed: toppled trees, boarded windows, ripped-off roofs and the general destruction left by the three tornadoes that earlier this month tore through Massachusetts. Three people are dead, hundreds were injured and …
The ISU Agency Network has named Tim Boyd as its Northeast regional vice president. He will be responsible or regional membership growth, developing relationships with regional carriers and promoting the existing carrier relationships. Boyd has been in the insurance industry …
A northeastern Pennsylvania man suspected of setting more than 20 fires is behind bars on arson charges. Investigators in Lackawanna County say 48-year-old Stephen Giacobbe is the most prolific arsonist in the county’s history. Prosecutors charged Giacobbe on Wednesday with …
Officials in Missouri’s capital city have decided to look into improving its aging storm warning system, after a deadly tornado hit the state’s southwest. Two of Jefferson City’s 15 warning sirens currently are not working, and many of its other …
