New York News

People

Narragansett Bay Insurance Co. of Pawtucket, Rhode Island has named Mark Talerico chief risk officer. Talerico will oversee Narragansett’s distribution...

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to...

Business Moves

Tokio Marine, Philadelphia Insurance Japan’s Tokio Marine Holdings, Inc. has agreed to acquire Philadelphia Consolidated, a U.S. property/casualty insurance company...

NYC Updates Construction Safety Rules

New York City Mayor Michael Bloomberg endorsed dozens of procedural changes to improve fire safety and coordinate oversight at construction...

Declarations

Contingency Plans “The insurance marketplace has been distorted by the growth of contingent commissions coupled with a lack of transparency...

The Spitzer Error

By
Liberty Mutual downplayed its recent victory when the New York Supreme Court declared that contingent commission agreements are not illegal....