June 19, 2014
Bangor, Maine-based Cross Insurance announced it has purchased the naming rights of the Cumberland County Civic Center in Portland, Maine. Cross Insurance, one of the largest independent insurance agencies in New England, said Wednesday the firm contributed $2.5 million to …
June 19, 2014
Pennsylvania accused oil companies of polluting the state’s groundwater with a gasoline additive, joining states including New York, Vermont and New Hampshire that have brought similar lawsuits. Two complaints filed on Thursday in state court seek damages for cleaning up …
June 19, 2014
General Motors Co. may end up compensating many more people than the families of 13 victims it has linked to a faulty ignition switch, as it considers waiving key legal defenses in order to resolve injury and death cases out …
June 19, 2014
Hamilton Insurance Group Ltd., the reinsurer that counts Sanford “Sandy” Weill as its chairman, hired Bob Deutsch as chief strategy officer to lead an expansion that could include takeovers. Deutsch, a managing director at GCP Capital Partners Holdings LLC, will …
June 19, 2014
Kansas highest court reversed a state appeals court finding that an oil field worker was not entitled to workers’ compensation benefits after he was injured while riding home from his workplace. The nature of oil field work, where an employee …
June 19, 2014
XL Group’s global excess casualty team has added Joanne Damsky as a senior underwriter in San Francisco. Damsky reports to Matt Stitham, vice president of excess casualty’s Western zone. Damsky has 20 years of experience in the excess casualty market. …
June 19, 2014
Crime in Maine dropped 9.1 percent last year, a steep drop from the previous year and the biggest decline in 20 years, Maine Department of Public Safety Commissioner John Morris said Tuesday. The commissioner, joined by Gov. Paul LePage, said …
June 19, 2014
Insurance Noodle has launched an integrated property and casualty facility for small contractors, bringing together several major carriers via a single access point. The program was designed to help agents working with contractors, such as handymen, landscapers and installers in …
June 19, 2014
The New York City Fire Department will now have a much greater role in responding to reports of possible gas leaks, according to an order made by Mayor Bill de Blasio in response to the March explosion that leveled two …
June 19, 2014
A Missouri appeals court has thrown out $240 million in punitive damages awarded to 16 eastern Missouri residents who sued over health problems from the Herculaneum lead smelter. A jury awarded the damages against former smelter owners Fluor Corp., A.T. …