Florida-based King Insurance Partners announced it has acquired Marcus Insurance, an independent agency based in Wethersfield, Connecticut. The terms were not disclosed. Founded in 1941, Marcus Insurance is a family-run agency with Mitch Marcus as president, and Zach Marcus as …
New York’s St. John’s University announced the appointment of Henry “Hank” Watkins Jr., regional director and president of the Americas at Lloyd’s, as executive director and associate dean of the Maurice R. Greenberg School of Risk Management, Insurance and Actuarial …
XPT Specialty appointed Suzette Torres as vice president of personal lines. She will help expand the company’s offerings for retail agencies selling specialty products like personal lines property, umbrellas, and other specific coverage needs. With a career spanning more than …
A trial is underway in Virginia that will determine whether state law allows frozen embryos to be considered property that can be divided up and assigned a monetary value. Fairfax County Circuit Court Judge Dontae Bugg heard arguments last Thursday …
The Maine Bureau of Insurance has approved a 15.7% average rate reduction in workers’ compensation insurance premiums for Maine Employers’ Mutual Insurance Co. (MEMIC), the largest workers’ compensation carrier in the state. The bureau said MEMIC’s rate reduction will save …
Connecticut has established a Fallen Officer Fund, which will provide $100,000 to the surviving family members or beneficiaries of any Connecticut local or state police officer killed in the line of duty or who sustained injuries that were the direct …
The container ship that rammed into Baltimore’s Francis Scott Key Bridge in March lost power multiple times on both the day of the fatal accident and the day before, according to a preliminary report. The Dali, which sails under the …
A man injured when he was hit by a car while he was operating a low speed Segway electric scooter is not entitled to personal injury protection (PIP) benefits under New Jersey’s no-fault auto insurance law, the state’s Supreme Court …
A jury in Philadelphia found Exxon Mobil Corp. liable for $725.5 million in damages due a former mechanic who claimed its petroleum products exposed him to benzene that caused his cancer, according to his lawyers. The jury found that the …
A tractor-trailer hauling about 15 million honey bees to be used to pollinate blueberry fields crashed and overturned on Interstate 95, officials in Clinton, Maine said. The driver was taken to the hospital as a precaution Thursday night while first …
