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People and Places

Sep 3 2007 // Richard E. Meuret has been appointed vice president and manager, Field Operations Analysis, for Liberty Mutual Agency Markets regional company operations. Meuret will be based in the insurer’s Boston home office and...

People

Sep 3 2007 // Richard E. Meuret has been appointed vice president and manager, Field Operations Analysis, for Liberty Mutual Agency Markets regional company operations. Meuret will be based in the insurer’s Boston home office and...

N.Y. Names Task Force to Study Rising Medical Malpractice Costs

Aug 31 2007 // New York Insurance Superintendent Eric R. Dinallo and Health Commissioner Richard F. Daines, M.D. announced today the members of the Medical Malpractice Liability Task Force, charged by Governor Eliot Spitzer with...

Citing Lapses in Deutsche Bank Fire, N.Y. City Orders Building Inspections

Aug 29 2007 // New York City ordered fire inspectors to examine hundreds of buildings under construction or demolition after an investigation found numerous planning and safety failures at an abandoned ground zero skyscraper where two...

N.Y. Halts Insurers from Tying Coastal Home Renewals to Other Business

Aug 29 2007 // Insurance companies in New York may not refuse to renew homeowners insurance policies based on whether a policyholder has other business such as an auto or life policy with them, under a new order from the state insurance...

N.Y. Officials Say Broker Pocketed Insurance Premiums

Aug 28 2007 // The New York State Insurance Department reports that 32 people in Saratoga, Warren and Washington Counties were victimized when an insurance broker allegedly pocketed an estimated $7,000 in insurance premiums. The...

Vermont Mutual Promotes McCarthy in N.Y.

Aug 28 2007 // Luanne V. McCarthy has been promoted to commercial lines underwriting supervisor in the state of New York for Vermont Mutual. McCarthy has been employed with Vermont Mutual Insurance Group in Montpelier, Vt. since July...

N.Y. Charitable Foundation Names Exec Committee

Aug 22 2007 // The Insurance Industry Charitable Foundation – New York Division announced the formation of its Executive Committee and first Board of Directors. The Executive Committee and industry board will guide the strategies...

N.Y. AG Cuomo Takes Issue with Health Insurers’ Physician Rankings

Aug 17 2007 // New York Attorney General Andrew M. Cuomo has warned two major health insurers, Aetna and Cigna Healthcare, that their physician ranking programs, as currently designed, “are likely to confuse or even deceive...

N.Y. Woman Pays Steep Price for Workers Comp Fraud

Aug 16 2007 // A 37 year old Ronkonkoma, New York woman has paid $41,160 in restitution and faces five years probation after pleading guilty in a case of workers’ compensation fraud against the New York State Insurance...

Former N.Y. Mail Carrier Lied to Get Workers’ Comp Benefits

Aug 15 2007 // A former New York postal worker who said he suffered a back injury on the job 16 years ago has admitted to bilking the government out of nearly $400,000 in workers’ compensation benefits. David VanDeusen, 56, of...

N.Y. Extends Workers’ Comp Eligibility Deadline for 9/11 Responders

Aug 15 2007 // World Trade Center responders now have another year — until August 14, 2008 — to file the paperwork needed to claim workers’ compensation benefits if they become ill in the future. The registration deadline would...

Truck Driver Burned in N.Y. Steam Pipe Blast Sues Con Ed

Aug 9 2007 // A tow-truck driver and his passenger burned in last month’s massive steam-pipe explosion in New York City have filed lawsuits against Consolidated Edison, accusing the utility of misconduct. Gregory McCullough, 21,...

N.Y. Regulator Expects All Insurers at Pandemic Flu Exercise in Sept.

Aug 9 2007 // The New York State Insurance Department today said that it expects all insurance companies in the state to participate in an exercise next month to evaluate the readiness of the nation’s financial services to survive...

Marsh Cleared to Accept Insurer Fees

Aug 8 2007 // New York insurance officials and the attorney general’s office have agreed to let big insurance broker Marsh accept some fees from insurance companies for work on processing and servicing of accounts. The approval...

N.Y. GOV. SPITZER PUT ON DEFENSIVE BY AIDES

Aug 6 2007 // New York Governor Eliot Spitzer made his name as a corruption fighting attorney general who forced reforms on Wall Street and the insurance industry. As governor, he promised to take that campaign to Albany and end the...

The Hartford settlement ends agents’ contingent commissions

Aug 6 2007 // The Hartford Financial Services Group Inc. announced it has reached a settlement with the New York, Connecticut and Illinois attorneys general resolving matters relating to their investigations of the compensation...

Commercial clients should know who’s behind the wheel

Aug 6 2007 // Every insurance agent dreads the call from a business owner reporting a major claim. In many of these situations, the business failed to take the steps that could have prevented a loss. Unfortunately, even astute business...

N.Y. Gov. Spitzer put on defensive by aides