Insurance
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Mayhew to succeed Colella as CEO of OceanPoint Insurance
Douglas K. Mayhew, a 26-year veteran of the insurance industry, has been named president and CEO of OceanPoint Insurance Agency Inc. effective Jan. 1, 2013. more
Law increases consumer protections on storm claims
While storms such as 2011’s Tropical Storm Irene and the April-May 2010 flooding are memories, albeit painful still for some, such climactic weather events are becoming more frequent. Because of the damage they can cause property, a new state law was designed to provide additional protection to homeowners who have hurricane insurance. more

By Michael Souza
PBN Staff Writer | 10/1/12

Future pinned to realistic assessment of sustainability
A man-made sand dune, stretching about 200 yards and engineered with steel rebar, its top covered with planted grasses, is the largest built object still standing along the entire Atlantic Avenue beachfront in Westerly. more
By Richard Asinof
Contributing Writer | 12/17/12
Hart named CEO of Narragansett Bay Insurance
Narragansett Bay Insurance Co. has named Todd Hart - right - its new CEO, replacing company founder Nick Steffey - left - who will continue on as executive chairman. more
| 6/19/12
Speed bumps ahead for the health-benefits exchange?
When the first six states – Colorado, Connecticut, Maryland, Massachusetts, Oregon and Washington – were granted conditional approval by the Obama administration on Dec. 10, 2012, to operate their new state-run, health-insurance exchanges, Rhode Island had not yet filed its application. more
By Richard Asinof
Contributing Writer | 1/28/13 | 1 comment
USI Insurance acquires Lynch, Beretta and Bucci
Property and casualty insurance agency Lynch, Beretta and Bucci was acquired by Briarcliff Manor, N.Y.-based USI Insurance Services, USI announced Wednesday. more
| 6/14/12
Starkweather & Shepley ‘gets it right’ in Best’s Review magazine
Starkweather & Shepley Insurance Brokerage Inc. has been recognized as one of the “10 Agencies That Get It Right” by insurance industry publication Best’s Review magazine. more
| 1/3/13
Planning key to disaster survival
CNN’s Bonnie Schneider picked a good time to become a television meteorologist. Since she graduated from Boston University and got her first on-air job, the world has continued to get warmer and extreme weather events have become more common throughout the country. more

By Patrick Anderson
PBN Staff Writer | 10/1/12

Onex buys USI Insurance from Goldman fund for $2.3B
Onex Corp., Canada’s largest publicly traded buyout firm, agreed to buy USI Insurance Services LLC from a fund run by Goldman Sachs Group Inc. in a transaction valued at $2.3 billion. more
FM Global named best commercial property insurer
FM Global has been named the best commercial property insurer overall, as well as for service and expertise, in Business Insurance magazine’s 2012 Buyers Choice Awards. more
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