Johnston, R.I.-based FM Global, one of the world’s largest business property insurers, said its policyholders will collectively receive an estimated $435 million in premium reductions when they renew their policies between June 30, 2013 and June 29, 2014. FM Global …
Ross Insurance Agency, a third-generation independent agency based in Holyoke, Mass., recently purchased another third-generation Holyoke agency, the Nathan N. Feldman Insurance Agency Inc. Founded in 1925, Ross Insurance Agency specializes in providing auto, home, business, group and life insurance …
The New York State Senate approved three bills that aim to cut down on auto insurance scams by increasing penalties for those who commit or assist in the fraud and by giving more flexibility to insurance companies to prevent criminals …
The Massachusetts Division of Insurance said it is currently examining claims arising from the April 15 Boston Marathon bombings in an effort to understand the insurance claims filed and paid, in line with examinations the Division has previously undertaken following …
Last month, New York Attorney General Eric Schneiderman withdrew claims for up to $6 billion in damages against former AIG chief Hank Greenberg. Now, another big case – against Bank of America over its acquisition of Merrill Lynch – looks …
The family of a 7-year-old girl who was killed by a drunk driver after he left a Pittsburgh restaurant has reached a $15.6 million settlement in the case. The Pittsburgh Post-Gazette reported Tuesday that the German-themed Hofbrauhaus has also agreed …
Connecticut lawmakers are advancing a proposal to expand a ban on auto damage appraisers steering customers to specific repair shops to include glass repairs. The bill was passed Tuesday 107-to-38 by the House of Representatives, and now moves to the …
Rhode Island lawmakers reviewed legislation Tuesday that would allow immigrants to obtain driver’s licenses regardless of their legal status — but the controversial idea has already run into opposition from law enforcement, anti-illegal immigration groups and the ACLU. Sen. Frank …
The Virginia Farm Bureau has launched a website for reporting farm accidents. The site, FarmAccidentReport.com, allows anyone to report accidents they witness on Virginia farms. Jimmy Maass is the Farm Bureau’s safety manager. He said the website is intended to …
Work crews are beginning to demolish storm-damaged homes in the Jersey shore town that was hit hardest by Superstorm Sandy. Minor debris removal has already started in Mantoloking, and the first of 50 storm-wrecked houses were expected to be demolished …
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