East News

Burns & Wilcox Opens New Jersey Office

Farmington Hills, Mich-based national specialty insurance wholesaler, underwriter and managing general agent Burns & Wilcox Ltd., has opened a new service center in Livingston, N.J. The announcement was made by Burns & Wilcox Chairman, President and CEO Alan Jay Kaufman. …

Malpractice Insurer Exit From Mass. Worries Physicians

The impending departure of one of the few remaining commercial insurance companies offering liability coverage for physicians in Massachusetts is yet more evidence that the state faces a real crisis in professional liability insurance for physicians, according to the top …

PIA Conn. Survey Cites Top Performing Insurers

The overall top-scoring companies in Connecticut are Chubb Group (commercial and personal), Peerless (commercial), The Hartford (commercial) and NLC (commercial and personal), according to this year’s member survey by the Professional Insurance Agents of Conn. (PIACT). Chubb Group, NLC and …

R.I. Blues Willing to Accept Public Board Members

The acting chief executive of Blue Cross & Blue Shield of Rhode Island said the company would accept state appointments to its board, as lawmakers consider stricter regulations for the embattled health insurer. Lawmakers have proposed appointing nearly half of …

N.J. Panel Recommends Motor Vehicle Fine Adjustments

New Jersey Governor James E. McGreevey announced the recommendations by his Task Force on Motor Vehicle Fines, which put forth several proposals including adjustments to the penalties for not having proper insurance under the current Auto Insurance Reform Law. After …

OneBeacon Renewals of Providence Washington Small Busness Accounts to Begin Aug. 1

OneBeacon Insurance Group in Boston, a wholly owned subsidiary of White Mountains Insurance Group, Ltd., has entered into a renewal rights agreement with Providence Washington Insurance Companies that will transfer selected small commercial business to OneBeacon. The arrangement was expected …

Proposal to Replace Mass. Safe Driver Plan Unveiled; New Merit Rating System Sought by 2006

As anticipated in an earlier report by Insurance Journal, an arm of the Massachusetts insurance department has come up with a plan to replace the state’s current safe driver insurance plan with a new one by 2006 and amend the …

Maine High Court Upholds Tort Exceptions

The Maine Supreme Court has upheld an exception to the state’s tort claims law by ruling a woman could not sue the city for injuries she suffered when she fell outside a public school. In a 4-3 ruling, the Supreme …

Flooded Pa. Homeowners Bailed Out by Feds

The federal government has offered $3 million to purchase and demolish 26 homes near Abington, Pennsylvania that were inundated by Tropical Storm Allison. The Federal Emergency Management Agency made the funding available to Abington Township, north of Philadelphia, to purchase …

IWIF to Boost Workplace Accident Awareness in June

The fourth consecutive Maryland Workplace Safety Week, proclaimed official by the Governor’s office in 2001, begins June 13. The Injured Workers’ Insurance Fund (IWIF) sponsors Maryland Workplace Safety Week each year to raise awareness among Maryland business owners about the …

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