The Massachusetts Senate has passed a bill to criminalize the practices of runners in insurance fraud schemes. The measure passed 39-0 and was sent to the House. The measure makes it a crime to engage in the practice of running …
Nearly 100 independent insurance agents and industry professionals from across New Hampshire took part in the Professional Insurance Agents of New Hampshire Inc.’s annual conference in Concord, N.H. on May 19. “The marketplace and rates are beginning to stabilize in …
The principals of Insurance Center of New England, Inc., West Springfield, Mass. has announced the merging of operations of the DeMarey Insurance Agency of Wilbraham with Insurance Center of New England, Inc. This acquisition immediately broadens the breadth and depth …
A recommendation from the New York Compensation Insurance Rating Board (CIRB) to increase employers’ average workers’ compensation premiums by 29 percent is “stunning and frightening,” according to Business Council of New York President Daniel B. Walsh. “It’s stunning because New …
Two state senators want to make penalties for boating while intoxicated similar to those imposed for driving while intoxicated. Sens. John Campbell, D-Windsor, and Vincent Illuzzi, R-Essex-Olreans, said a proposal would probably be ready for the Legislature when it returns …
The American Insurance Association (AIA) on Wednesday praised a recent federal appeals court ruling that removed a judge from overseeing three major asbestos-related bankruptcy cases in New Jersey. In a 2-1 decision, a panel of judges from the Third U.S. …
Maryland Attorney General J. Joseph Curran, Jr. announced the filing of felony theft charges against John E. McKenney, Jr., 54, of Prince Frederick, Md. The filing of charges follows a joint investigation conducted by the Insurance Fraud Division of the …
About 33,000 physicians who want help paying for medical malpractice insurance have applied for a piece of a $220 million state subsidy in Pennsylvania that will be largely funded by cigarette taxes increased in December. Not all of those physicians …
The Citizens and Hanover Insurance Companies announced that Cynthia H. Young has been named president of the companies’ personal lines divisions, effective June 1. As president, she will be responsible for all aspects of personal lines operations and will be …
Massachusetts doctors face their fourth straight year of double-digit malpractice insurance rate increases, according to the Massachusetts Medical Society, with the average rate from the region’s largest insurer scheduled to rise by 11.3 percent in July. “We’re really concerned about …
