The New York State Department of Financial Services (DFS) has issued proposed guidance for regulated insurers on managing the financial risks of climate change. The proposed guidance comes after a circular letter was issued by DFS on September 22, 2020. …
Facebook Inc. could be required to disclose some of its records identifying apps that allegedly misused customer data in a privacy investigation brought by state Attorney General Maura Healey. The Massachusetts Supreme Court found that some of Facebook’s app records …
Langlois Promoted at The MEMIC Group Portland, Maine-headquartered workers’ compensation specialist The MEMIC Group has promoted Cameron Langlois to the role of MEMIC Express underwriter. In this role, Langlois will be responsible for developing the company’s Express book serving small …
Two workers fell about 30 feet off the roof of a duplex under construction in Massachusetts early Friday and were flown to hospitals, authorities said The Mashpee Fire Department responded to the call around 8:30 a.m., Chief Thomas Rullo told …
A draft report critical of a utility’s response to Tropical Storm Isaias has Connecticut lawmakers again calling for accountability. The report released late Friday by the state’s Public Utility Regulatory Authority concluded that Eversource’s preparations and response were inadequate and …
Maryland Insurance Commissioner Kathleen A. Birrane has named Gregory M. Derwart as deputy commissioner of the Maryland Insurance Administration. Since July 2020, Derwart has served as chief of staff for the administration, acting as a strategic advisor to Birrane, directing …
The New York Department of Financial Services’ (DFS) second enforcement action to date under its cybersecurity regulation underscores the importance of promptly investigating potential cybersecurity events. It also raises questions about whether insurance coverage would be available for amounts paid …
A split decision by the New Hampshire Supreme Court released Friday offers a lesson to insurance agents about the importance of checklists. Three justices overruled two dissenters to affirm a Superior Court jury’s verdict that Foy Insurance Group was negligent …
The Pennsylvania Commonwealth Court has approved the liquidation of Bedivere Insurance Company, formerly One Beacon Insurance Company, recognizing that the company’s financial liabilities have exceeded its assets. Bedivere, a domestic stock property/casualty company based in Pennsylvania, has consented to the …
Massachusetts is asking residents and businesses in three communities affected by a series of natural gas explosions and fires in September 2018 how to spend some of the money from a settlement with the utility found responsible for the disaster. …
