Princeton Insurance Co.

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• William "Bill" McDonough of Princeton Insurance Company Named to Succeed David P. Bounk as President and CEO of the MMIC Group

  - 2008-05-14

  MINNEAPOLIS -- The MMIC Group board of directors announced today that William McDonough, president and chief executive officer of Princeton Insurance Company, has been named to succeed David P. Bounk as president and CEO of The MMIC Group, effective June 16, 2008. McDonough has been with Princeton Insurance Company...

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• Bergenfield, N.J., Laser Eye Surgeon Settles Suits Filed by Ex-Patients.

  - 2004-04-02

  By Kibret Markos, The Record, Hackensack, N.J. Knight Ridder/Tribune Business News Apr. 2--A prominent laser eye surgeon has settled his dispute with 16 former patients who say they suffered injuries while receiving treatment at his widely advertised center in Bergenfield, his lawyer...

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• Northeast.(Regional News; Maine Health Alliance, Marketing Business Associates of America and Princeton Insurance Co.)

  - 2003-08-18

  BANGOR, Maine-The Maine Health Alliance, a physician-hospital organization PHO, settled price-fixing allegations with the state last month by agreeing to improve operations and do more to improve quality and reduce costs. In Maine, competing healthcare providers may negotiate collective pricing agreements only if the agreements improve...

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• Late News; Senators seek changes in asbestos bill.(CIGNA examines future of retirement business)(Asbestos claims limited by arbitrator)(Liability coverage costs still soaring: RIMS)(COBRA coverage extended for Bethlehem workers)(Pennsylvania regulators ap

  - 2003-08-04

  Five Republican members of the Senate Judiciary Committee are seeking changes in an asbestos liability reform bill approved by the committee last month. The bill would replace the current litigation-based system for compensating victims of asbestos-r Five Republican members of the Senate Judiciary Committee are ...

  Tags: asbestos, Chubb Corp., CIGNA Corp., insurance company, net income, reinsurance, worker

• New Jersey Malpractice Insurer Takes Pause in Issuing New Policies.

  - 2003-07-23

  By Lindy Washburn, The Record, Hackensack, N.J. Knight Ridder/Tribune Business News Jul. 23--The state's largest provider of medical malpractice insurance says it will temporarily cease issuing new policies on Aug. 21 because it can't buy the insurance it needs to cover high...

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• Soldiers of misfortune; New Jersey a raging political battlefield for medical malpractice market.(The Week in Healthcare)(Princeton Insurance Co. continues to struggle)

  - 2003-06-23

  Byline: Cinda Becker Princeton Insurance Co., an offspring of the New Jersey Hospital Association and one of a few solvent survivors of New Jersey's embattled medical malpractice market, is struggling in an increasingly political climate. Based on its deteriorating operating performance,...

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• New Jersey Medical Insurer Hit with New Downgrade.

  - 2003-06-18

  By Lindy Washburn, The Record, Hackensack, N.J. Knight Ridder/Tribune Business News Jun. 18--The company that insures more than half of New Jersey doctors and most of its hospitals has suffered its third financial downgrade in a year and triggered the concern of...

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• A.M. Best Downgrades MLMIC Group, Princeton Insurance Company and OHIC Insurance Company

  - 2003-02-19

  Business Editors

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• A.M. Best Downgrades MLMIC Group and Princeton Insurance; Places Ratings of MLMIC, Princeton and OHIC Insurance Under Review With Negative Implications

  - 2002-09-25

  Business Editors

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• Employment practices liability insurance

  - 2000-06-01

  Don't discriminate against your clients; bring EPLI exposures to their attention Today's headlines list multi-million-dollar employment practices liability settlements on an almost daily basis. A Wall Street brokerage settled a sexual harassment suit for $10 million. The federal government agreed to pay $508 million to settle a 23-year-old lawsuit where...

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