GAINSCO INC. said that securities litigation has been filed in United States District Court, Southern District of Florida against the company and two of its officers (one of whom is also a director). The plaintiffs seek class certification for the …
Powerpoint presentation from Tuesday’s D&O panel discussion Day three of the IBA West Blue Ribbon Conference in Hawaii featured a panel discussion about important issues for the broker concerning E&O and D&O coverages. Most importantly, talk looked at where the …
A recently conducted survey reportedly sheds light on how medical malpractice insurers view their industry’s future and what steps they are taking to meet it. Senior-level executives from nearly half of all U.S. medical malpractice/professional liability insurers participated in the …
Effective April 18, New Hampshire became the 50th state to grant State National Insurance Company approval to write insurance. State National Insurance Company (SNIC) is an A. M. Best “A” rated affiliate of State National Companies. The New Hampshire approval …
The American Association of Insurance Services (AAIS) will hold a Web-based seminar Wednesday, May 28, concerning new endorsements to allow insurers to limit or exclude personal lines coverage for losses arising from mold and related causes. Endorsements limiting coverage for …
inreon, the London-based electronic reinsurance trading platform, launched at the end of 2000 by Munich Re and Swiss Re, announced today that it was going out of business. “Since the launch of the platform, the volume of risks processed via …
Legislation that would reportedly prohibit homeowners’ insurers from using credit history for underwriting, rating or payment plans in California will be considered Wednesday by the Senate Insurance Committee. “Senate Bill 691 ignores compelling evidence of the relationship between credit history …
The National Association of Independent Insurers says it is supporting a bill, currently pending in the Massachusetts Senate, that would impose jail time and heavy fines for insurance fraud, indicating that its passage “would help address the Bay State’s huge …
Virginia-based insurance intermediary Hilb, Rogal and Hamilton Company announced that its Board of Directors, in a meeting held May 6, had declared a quarterly dividend of $.0925 per share, payable on June 30, 2003, to shareholders of record as of …
Ohio’-based Nationwide Insurance is anticipating growth in Connecticut, and has taken steps to plan ahead. The national company has just signed a five-year lease with New Boston Fund for 46,000 square feet at 500 Enterprise Drive in Rocky Hill, Conn. …
