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Specialty Insurance Group, Britton Gallagher Offer Pyrotechnics Program

Specialty Insurance Group (SIG), a member of the Everest Re Group Ltd., and independently operated insurance brokerage firm Britton Gallagher have together launched a new insurance, loss control and safety program for the pyrotechnics market. The strategic partnership with Britton …

CMIC Announces Stable Rate for Conn., Mass. Members in 2015

CMIC, a member-owned medical professional liability insurance provider in Glastonbury, Connecticut, announced that the overall rate indication for Connecticut and Massachusetts policyholders will remain unchanged for the upcoming 2015 policy year. This marks the 11th consecutive year for stable rates …

Wal-Mart Says Tracy Morgan Is to Blame for Injuries in Highway Crash

Wal-Mart Stores Inc. said actor-comedian Tracy Morgan is to blame for injuries he sustained in June highway crash because he wasn’t wearing a seatbelt. Morgan, who was critically injured when the limousine bus he was in was struck by a …

Securities Brokerages Free to Be Uninsured for Legal Awards

The industry group that regulates securities brokerages has decided it cannot force firms to carry insurance for payment of awards granted by arbitration panels or courts to customers who have lost money, a spokeswoman said on Monday. After agreeing a …

Antitrust Review Delays Verisk’s Purchase of EagleView

Verisk Analytics Inc., the supplier of data to insurers and banks, said its planned $650 million takeover of EagleView Technology Corp. has been delayed amid a review by antitrust regulators. The purchase agreement has been extended to Dec. 31, after …

Greenberg’s Lawyer Says U.S. Demonized, Extorted AIG Shareholders in Bailout

The U.S. extorted American International Group Inc. shareholders when it extended a $182 billion taxpayer bailout at the height of the 2008 financial crisis, a lawyer for Maurice “Hank” Greenberg said. Greenberg’s Starr International Co., AIG’s largest shareholder when the …

Candidates in New Jersey House Race Air Disputes

The jabs and insults that had been confined to campaign commercials and news releases in New Jersey’s close and contentious 3rd District Congressional race were made face-to-face last Friday as the candidates appeared together for the first time. Democrat Aimee …

Federal Judge Won’t Block Fracking In Nevada

A federal judge has refused to block the release of oil and gas leases in Nevada that critics say will be used for hydraulic fracturing that could harm sage grouse and cause more environmental damage than the Bureau of Land …

New Mexico Judge refuses to stop Uber, Lyft

A state judge has denied a request by New Mexico taxi cab and limousine companies for a temporary restraining order against the ridesharing services Lyft and Uber. District Court Judge Nancy Franchini wrote in her order denying the request Friday …

N.H. Workers’ Comp Commission Holds Its 1st Meeting

New Hampshire Insurance Commissioner Roger Sevigny last Friday chaired the first meeting of the Commission to Recommend Reforms to Reduce Workers’ Compensation Medical Costs. The commission was created by Gov. Maggie Hassan earlier this month in response to the insurance …

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