April 18, 2012
A New Jersey man has been sentenced to eight months of house arrest and five years of probation for his role in a botched attempt to sink a fishing boat three years ago for $400,000 in insurance money. Fifty-year-old Arthur …
April 18, 2012
Allied World Assurance Company Holdings AG said industry veteran Lou Iglesias joined Allied World U.S. as president of the property/casualty division. He will be based in New York City. His responsibility will include overseeing underwriting and servicing all program, property, …
April 18, 2012
The Travelers Companies Inc. will kick off property/casualty insurers’ 2012 first-quarter earnings season Thursday, April 19, when the company reports its 2012 first three month results. Travelers is the first major insurance company to report the 2012 first-quarter earnings. Many …
April 18, 2012
Nationwide Mutual Insurance Co. welcomed Pennsylvania regulators’ approval this week of the insurer’s proposed merger with Harleysville Mutual Insurance Co. Regulatory approval from Pennsylvania, where Harleysville is headquartered, was one of the requirements for completing the merger. “Nationwide is pleased …
April 18, 2012
A mother and daughter from northeastern Pennsylvania are on trial for allegedly taking part in a decade-long $1 million insurance scam. Sixty-one-year-old Bianca Bucano and her 23-year-old daughter, Melissa, were allegedly part of a scam ring that sent invoices to …
April 17, 2012
A Maine woman who sued a doctor for malpractice because she said he overprescribed her methadone has been awarded $1.9 million by a jury Charlene Whalen of Corinth sued Dr. Steven Weisberger, alleging the dosage of the prescription he gave …
April 17, 2012
Dry, windy conditions and warm weather are prompting Northeastern state officials to issue advisories on an elevated risk of fire. Here is a roundup of fire warnings and latest reports of wildfires and brushfires from the Associated Press. New Hampshire …
April 17, 2012
A New York judge on Monday approved a plan to liquidate the long-insolvent Executive Life Insurance Co of New York and pay out most of the money owed to beneficiaries under the company’s life insurance policies. The plan proposed by …
April 17, 2012
Work At Home Vintage Employees LLC (WAHVE), a New York City-based company that provides domestic remote staffing services for insurance firms, appointed Frank Sentner as chief operating officer. Previously, Sentner was director of strategic technology at the Council of Insurance …
April 17, 2012
A.I.M Mutual Insurance Companies, a workers’ compensation insurer based in Burlington, Mass., appointed Glenn MacDonald as financial analyst. In his new role, MacDonald will be responsible for a wide range of financial issues, including forecasting, planning and expense management. Prior …