Yearly Archives: <span>2012</span>

My New Markets

Bringing Market Seekers and Market Providers Together Find markets in our database Promote your markets on our site Join our community forums Membership is free! www.MyNewMarkets.com High Valued Homes Market Detail: JH Insurance Services’ high-valued homes facility will consider personal …

Met P&C to Pay $345K in Restitution

An auto insurance company will pay close to $345,000 in restitution to Massachusetts consumers and an additional $50,000 to the state as the result of an investigation alleging that policyholders with clean driving records were subject to improper non-renewal. Massachusetts …

Florida Approves State Farm 6.4% Increase

Florida regulators have approved an average 6.9 percent homeowners’ insurance rate hike for State Farm Florida Insurance Co. It is the insurer’s fifth increase in as many years. In addition to the increase for homeowners, rates for renters will increase …

Colorado Officials Take Sides in Fracking Dispute

Some 60 mayors and city council members from 17 communities have asked Colorado Gov. John Hickenlooper to have the state drop a lawsuit over fracking that challenges oil and gas drilling rules adopted by the city of Longmont. At issue …

Court Grants Injunction in Aon, Alliant Employee Poaching Case

A New York court on Sept. 20 granted a new injunction in the ongoing legal fight between Aon and Alliant Insurance Services over alleged poaching of senior executives. The Supreme Court of the State of New York enjoined Peter Arkley …

Maryland Issues Consumer Advisory on ‘Force-Placed’ Insurance

The Maryland Insurance Administration recently issued a consumer advisory, reminding consumers that if they borrow money to buy a car or home and let the insurance policy lapse (cease to exist/end), the loan agreement may give the lender the right …

Business Moves – East

USI, TD Insurance USI Insurance Services, a brokerage and financial services firm in Briarcliff Manor, N.Y., said on Sept. 24 that it has completed the acquisition of TD Insurance Inc., a U.S. subsidiary of TD Bank, N.A. The deal was …

People – East

Marsh & McLennan Cos. announced Brian Duperreault will retire as the company’s president and chief executive officer at the year’s end. Daniel S. Glaser, currently the company’s group president and chief operating officer, has been named Duperreault’s successor and will …

Fracking in N.Y.? Fugetaboutit!

Hydrofracking has become a hot-button issue in New York State. Government agencies have been researching for the past four years the potential environmental impact of permitting hydrofracking in Marcellus Shale, which is spread across the Southern Tier and Finger Lakes …

Mississippi Case Challenges Death Certificate As Evidence in Accident

Prosecutors have asked the Mississippi Supreme Court to reinstate the conviction of Jeffrey Dale Beecham, who won a new trial because the state failed to offer testimony to authenticate a death certificate in a fatal DUI case. Special Assistant Attorney …