Con Edison’s chief executive said on June 14 that the company is installing hundreds of so-called smart switches that can limit the number of electric customers affected when a tree takes down a power line. Chairman and CEO Kevin Burke …
A veteran Philadelphia building inspector who apparently committed suicide had inspected the site of a deadly building collapse twice in February and an adjacent, related project in mid-May. The June 5 collapse killed six people when a four-story building tumbled …
The second largest health insurer in Massachusetts has announced that it will no longer cover specialty medications known as compounded drugs, months after a deadly nationwide meningitis outbreak was traced to a Massachusetts compounding pharmacy. The chief medical officer at …
A southern New Jersey fishing boat owner has been sentenced to nearly four years in prison for his role in a botched scheme to sink the boat for insurance money. Scott Tran of Cherry Hill was also ordered Wednesday to …
Watertown, Mass., police say the town’s insurance company has agreed to cover the cost of replacing three department vehicles peppered with bullet holes and damaged beyond repair by explosions during the shootout with the Boston Marathon bombing suspects. Chief Edward …
New York City’s buildings would be required to provide drinking water in common areas and have exterior plugs for temporary generators under proposals to make homes and businesses more resistant to major storms. Those were among 33 recommendations made by …
National Association of Insurance Commissioners President Jim Donelon questioned the need for a countrywide halt on approvals of captive insurance deals one day after New York’s regulator said the transactions hide risk. “I don’t see an obvious need for such …
Ryan Specialty Group’s ThinkRisk Underwriting Agency announced three new hires in its Northeast offices: Jonathan Koppel, Katie Duff and Nicole Simmons. Koppel joins ThinkRisk as a senior underwriter. He is based in ThinkRisk’s new Philadelphia office, underwriting converging risk liability …
The Massachusetts Division of Insurance said it will hold a public hearing on June 28 regarding the proposed new regulation 211 CMR 135.00, “Requirements Regarding Referrals to Motor Vehicle Glass Repair Shops.” A copy of the proposed regulation can be …
The Federal Emergency Management Agency said Tuesday that more than $39.4 million in support from four federal disaster relief programs is helping Rhode Island recover from Superstorm Sandy’s effects.FEMA said the majority of the support is from the National Flood …
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