Lawsky to Step Down as New York’s Top Financial Regulator Next Month May 20, 2015 By Greg Farrell Benjamin Lawsky will step down next month as New York’s top bank regulator after four years, during which he threatened...
Allstate Seeks to Recruit Over 100 New Exclusive Agency Owners in Northeast May 20, 2015 Allstate Corp. announced its plan to grow its exclusive agency count and hire more licensed sales staff and financial professionals...
N.Y. Says 11 Lenders Will Monitor, Maintain Vacant Properties May 20, 2015 By Michael Virtanen New York regulators said Monday that 11 lenders have agreed to monitor and maintain vacant properties in an effort to...
N.J. Assembly Approves Multilingual Producer Licensing Examination Bill May 20, 2015 The New Jersey Assembly passed A-4144 (An Act concerning insurance producer licensing and amending P.L.2001, c.210.) on May 14. The...
FEMA Sends Out 1st Round of Letters Offering to Review Sandy Flood Claims May 19, 2015 By Young Ha The Federal Emergency Management Agency on Monday mailed out its first round of letters to the National Flood Insurance Program...
Cross Insurance Acquires Schonning Insurance in Rhode Island May 19, 2015 Cross Insurance, an independent insurance agency based in Bangor, Maine, announced it has acquired Schonning Insurance, an independent agency in...
NFP Acquires Hackett Valine & MacDonald in Vermont May 19, 2015 NFP, a New York City-based provider of employee benefits, property/casualty insurance, retirement and wealth management services, announced its acquisition of...
Amtrak Sued by Train Crash Victims Over Deadly Derailment May 19, 2015 By Sophia Pearson Six passengers on an Amtrak train that derailed May 12 in Philadelphia, killing eight and injuring more than 200, sued...
Massachusetts DOI Issues Bulletin on Certificates of Insurance Law May 18, 2015 The Massachusetts Division of Insurance (DOI) issued a bulletin to provide guidance on the implementation of Massachusetts General Laws Chapter...
Connecticut High Court Upholds Coverage Denial in IBM Data Loss Case May 18, 2015 By Young Ha The Connecticut Supreme Court on Monday upheld a lower court’s ruling that Federal Insurance Company and Scottsdale Insurance Company are...