Regional news:
Northeast
Deloitte has promoted Gary Shaw to national sector leader for insurance. He will replace Rebecca Amoroso, who is retiring.
Zurich American Insurance Co, has agreed to refund $4.56 million to policyholders of its New York statutory disability insurance policies because the insurer failed to spend at least 60% of total premiums on claims as required under law.
New York authorities arrested and indicted eight individuals in a $2 million auto accident insurance scheme.
N.Y. Senate passes auto fraud bills, throws down gauntlet to Assembly
The New York State Senate passed three bills this week designed to crack down on auto insurance fraud in the state, and issued a challenge critical of the Assembly regarding the bills’ passage.
Hudson Insurance Group, the U.S. insurance division of Odyssey Re Holdings Corp., has received approval from the Excess Line Association of New York to write excess line business in New York.
The U.S. Atlantic seaboard could be in for an active hurricane season, which begins June 1.
The federal government announced New York will receive about $7.1 million of $150 million distributed throughout the nation to sign on “navigators,” community health centers that will hire workers to enroll uninsured citizens into the federally run health insurance marketplace.
Aquiline buys UK auto insurer from Australian firm
New York-based Aquiline Capital Partners recently bought Equity Insurance Group from Insurance Australia Group (IAG).
Hammond Hanlon Camp LLC recently announced Jason D. Horowitz, a veteran health care industry investment banker, as Managing Director at its New York office.
Main Street America Group recognized a New York state underwriter and three other Northeast region employees recently with induction into its Circle of Excellence.
Insurers seek approval for 300 plans for D.C.’s online exchange
Tavenner receives Senate confirmation, implements health reform law
Horizon BCBS to launch private health insurance exchange in N.J.
Md. financial advisor a contestant on reality TV show, The Bachelorette
Shaw to lead Deloitte’s insurance sector, Amoroso to retire
Average U.S. retirement age rises, biggest concern is having money
Shaw to lead Deloitte’s insurance sector, Amoroso to retire
Zurich to refund $4.5 million in disability premiums to New Yorkers
N.Y. Senate passes auto fraud bills, throws down gauntlet to Assembly
