March 22, 2012
Narragansett Bay Insurance Company, a Pawtucket, R.I.-based specialty underwriter offering homeowners insurance and services, appointed two new property claims adjusters. Kyle Yee comes from Nationwide Insurance, where he worked as property/casualty claims representative. He is a licensed auto damage appraiser …
March 22, 2012
Penn State says it will reimburse the legal expenses of employees who received subpoenas from state attorneys prosecuting the child sex abuse case against former assistant football coach Jerry Sandusky. The university suggested Tuesday that those who received subpoenas retain …
March 22, 2012
Marsh & McLennan Companies Inc. said Alexander Moczarski, CEO of Guy Carpenter, has assumed the additional role of chairman at Marsh & McLennan Companies International. Moczarski will continue to be based in New York. Moczarski’s new responsibilities include oversight of …
March 21, 2012
Famed investment banking and securities firm Goldman Sachs is planning to get into the financial guarantee insurance market, according to a media report. Financial Times reported this week that Goldman Sachs had placed ads to hire New York-based staff for …
March 21, 2012
It looks like the courtroom battle has ended for the New York State’s broker compensation disclosure regulation. Earlier this month, the New York appeals court agreed with the lower court and said insurance regulators were within their rights to issue …
March 21, 2012
A chiropractor convicted of setting the fire that destroyed his practice and three other businesses wants the federal government to return 13 million Iraqi dinar seized from his suburban Philadelphia home. Jonathan Wiktorchik Jr. was ordered last year to spend …
March 21, 2012
Erie Insurance Group, the 20th largest P/C insurer in the country based on total lines net premium written, announced several officer appointments and promotions. Andrew Erman has been appointed as vice president and chief life actuary. He will oversee actuarial …
March 21, 2012
The Connecticut Insurance Department is advising homeowners to prepare their property against potential springtime weather risks, such as excessive rainfall and flooding. The state’s insurance commissioner Thomas Leonardi says it’s essential for homeowners to understand their coverage – what they …
March 21, 2012
Lawyers and judges warned lawmakers on Monday that budget constraints on the state’s judiciary are imperiling the delivery of justice and compromising security in its courts. Robert Mulligan, chief justice for administration and management, said a 17 percent reduction in …
March 21, 2012
Maryland Lt. Gov. Anthony Brown wants to increase the number of applications to a federally funded health insurance program run by the state. Brown kicked off the second anniversary of the federal Affordable Care Act on Monday with a marketing …