March 19, 2012
The Insurance Center of New England, an independent agency headquartered in Massachusetts, promoted William Trudeau to the position of president and CEO.Dean Florian, who has been serving as the firm’s president, has assumed the role of chairman of the board …
March 19, 2012
The owners of the cash-strapped New York Mets baseball team agreed to pay $162 million to settle a lawsuit by the trustee seeking money for the victims of Bernard Madoff’s fraud, averting a potentially embarrassing trial. The pact was announced …
March 19, 2012
New York Attorney General Eric Schneiderman says his office has reached a settlement with Excellus BlueCross BlueShield that requires the health insurer to process claims for routine childhood screenings for lead and provide refunds to consumers who paid for tests …
March 19, 2012
A Richmond, Virginia, woman has been convicted on 35 counts of health care fraud and other charges. Federal prosecutors say a U.S. District Court jury found 49-yar-old Veronica Sharon Cunningham guilty last Thursday after a three-day trial. According to court …
March 16, 2012
Mario Vitale, co-CEO of Aspen Insurance in New York, and Robert Solitro, chairman of Swiss Re Corporate Solutions U.S. Cos. in Manchester, N.H., have been elected as new board members of the American Insurance Association. “We are pleased to announce …
March 16, 2012
William Gallagher Associates, a Boston-based broker and risk management services provider, hired David Bachrach as senior vice president in the employee benefits practice in the Princeton, N.J., office. Bachrach brings with him 25 years of industry experience. He began his …
March 16, 2012
Vermont and the Federal Emergency Management Agency are joining to put $19.8 million toward buying out properties that are prone to flooding. Gov. Peter Shumlin, U.S. Rep. Peter Welch and other officials traveled to Northfield on Wednesday to make the …
March 16, 2012
A director of the Independent Insurance Agents & Brokers of New York told lawmakers and regulators this week that New Yorkers are dealing with unnecessary hassles when they make flood insurance claims. William Oliver told the panel that the difficulty …
March 16, 2012
The State Highway Administration has launched a program to reduce jaywalking across Coastal Highway in Ocean City. The three-year pilot program will use newly designed sidewalk markings about 10 feet from three intersections on Coastal Highway that have seen the …
March 16, 2012
The Maryland Senate wants to prohibit drivers from smoking in cars if a child under the age of 8 is a passenger. Senators signed off on the bill in a 27-19 vote Wednesday. Proponents of the legislation said they chose …