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Unemployment claims up in both NY and CT

In the seven weeks ended May 2, more than 33 million people filed claims for unemployment benefits, reflecting the economic slowdown attributable to the...

Unemployment rate hits 12.4%; TD Bank reports find mixed signals in...

In the week ending April 25, 3,839,000 Americans filed new unemployment insurance claims, according to seasonally adjusted figures released this morning by the U.S....

Marsh & McLennan Agency acquires Los Angeles insurance firm

Founded in 2008, Momentous Insurance Brokerage has a 220-person workforce.

Suite Talk: Barton and Drew Scott, co-owners of Scott Insurance

"Fortunately, we get along," said Drew Scott.

New York state seeking $2B from opioid industry

The Department of Financial Services wants the money to make its way into the pockets of businesses and individuals, perhaps in the form of health insurance premium discounts.

Kingstone Insurance stops underwriting commercial liability risks

"We will continue to underwrite our physical damage only product," CEO Barry Goldstein said.

After six months, Barry Goldstein returns as Kingstone Cos. CEO

Goldstein served as the Kingston-headquartered company’s CEO from 2001 through 2018.

Four tips for startups seeking insurance for data breaches

The frequency and intensity of data breaches and other cyberattacks keeps escalating. Although most of the publicity surrounding breaches has involved large, well-known companies, startups and other small companies are not immune.

Crystal Run Healthcare to cease health plan operation

Crystal Run Health Plan LLC had filed a notice with New York state that layoffs at its health plans office were expected to begin after July 8. It reported 32 total employees with 7 of those to be affected.

Marsh & McLennan Agency acquires Arizona insurance firm

MMA CEO David Eslick called Arizona "a thriving marketplace for businesses of all sizes."

Shelton’s Merit Insurance acquired by Arthur J. Gallagher & Co.

J. Patrick Gallagher, head of the acquiring company, praised Merit Insurance as a "highly regarded, socially responsible firm."

Brad N. Nieland named to run Berkley Accident and Health

Nieland succeeds Christopher C. Brown, who joined the company as president in 2009 and is will become its chairman.

Fintech startup Pricing Platform aims at commercial property market

“During my years in the industry, I witnessed first-hand how the underwriters and (catastrophe) modelers suffered from manual processes and lack of support systems,” said Pricing Platform founder Sito Sarkar.

Insurance startup Berkley One enters NY and CT markets

The company, a division of Greenwich-based W.R. Berkley Corp, also operates in Illinois, Colorado, Arizona, Minnesota, and Wisconsin.

W.R. Berkley debuts Berkley Healthcare

Gregg A. Piltch, formerly president of West Zone – AIG, has been appointed president of the newly launched Berkley Healthcare.