Regional news: 
Archive for June, 2010
Foremost Insurance Co. paid a $35,000 fine to Maryland insurance regulators to settle claims it improperly canceled more than 4,800 policies over a seven-year period. Read Story
The owner of a pair of Suffolk County, N.Y., insurance brokerages has pleaded guilty to mail fraud in what prosecutors say was a $7 million scheme to use client premiums for personal use rather than forwarding the funds to carriers. Read Story
Irvington Township, N.J., officials say an administrative firm incorrectly handled a claim involving a $5.4 million personal injury judgment, denied by its insurance company. Read Story
In what federal officials called “a bold move,” New York Gov. David A. Paterson has signed a series of health insurance reforms into law. Read Story
A mix-up in the workers’ compensation insurance for volunteer firefighters in Suffolk, Va., has been resolved and stations are now at full staffing, according to city officials. Read Story
Harleysville Insurance was recognized by CIO magazine and ACORD for its information technology accomplishments. Read Story
An insurance trade group sent what it calls a “pointed letter” to Congress, urging the immediate passage of a National Flood Insurance Program funding and a long-term extension. Read Story
Chicago-based Old Republic International Corp. has announced its intent to acquire PMA Capital Corp. of Blue Bell, Pa., for $365 million, pending all approvals. Read Story
American General Life Cos. introduced LTC LaunchPad, a tool it calls a streamlined, automated application process for its long-term care insurance. Read Story
A former East Brunswick, N.J., doctor was sentenced to eight years in prison for stealing more than $170,000 from insurers, practicing without a license and inappropriate behavior with his patients. Read Story
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