New Jersey Banking and Insurance Commissioner Holly Bakke announced that the number of drivers purchasing the Dollar-a-Day auto insurance policy has increased 79 percent in just four weeks. “The jump in the number of dollar-a-day policies in just one month …
The Property Casualty Insurers Association of America (PCI) has urged the Commonwealth Automobile Reinsurers (CAR) Governing Committee, the board that oversees the high-risk auto insurance pool in Massachusetts, to immediately adopt changes in the way it operates. In a letter …
Hub International Limited announced that their Wilmington, Massachusetts-based hub, C.J. McCarthy Insurance Agency (McCarthy) has purchased for an undisclosed amount of cash the assets of Lyman Insurance Agency Inc. and Conly-Lyman Insurance Agency Inc. (Lyman). Lyman has two offices in …
The Connecticut Senate has passed a medical-malpractice bill that proponents hope will reduce doctors’ premiums despite the fact it does not contain caps on awards. The final bill has been sent to Republican Gov. John G. Rowland, who has vowed …
Rhode Island Governor Donald L. Carcieri has nominated Associate Judge George E. Healy, Jr. to the position of Chief Judge of the Workers’ Compensation Court. Judge Healy’s nomination is subject to Senate approval. “Judge Healy is highly regarded as a …
The Professional Insurance Agents of New York State Inc. is asking lawmakers in Albany to reauthorize the New York Property Insurance Underwriting Association, which offers tens of thousands of New Yorkers access to home and commercial property owners insurance coverage. …
An Essex County sheriff’s deputy and a Lawrence police officer have been disciplined for their roles in providing auto accident reports to a Lawrence chiropractic clinic caught in an auto insurance fraud crackdown. Sheriff’s Deputy Anthony Howard and officer Ivan …
Nearly all states have enacted graduated driver’s licensing laws, requiring parents to spend many hours in the passenger’s seat with their teens behind the wheel. For parents and teens alike, the prospect may sound as pleasant as a root canal, …
PMA Capital (NASDAQ:PMACA) in Philadelphia announced net income of $12.2 million, or 35 cents per diluted share, for the first quarter of 2004, compared with net income of $10.7 million, or 34 cents per diluted share, for the first quarter …
Charter Partners USA Inc., a firm that serves an entrepreneurial community of 320 business owners with business services and products, has named Steven H. Lawrence to the newly created position of chief risk officer. Lawrence most recently held the high-profile …
