January 26, 2004
Nuts & Bolts: Euclid Managers LLC is offering a market for technology liability. Coverage is for small and mid-sized tech companies and features E&O, breach of reps/warranties, personal injury, privacy, intellectual property and security protections. These products are customizable featuring …
January 26, 2004
Nuts & Bolts: Euclid Managers LLC is offering a market for Internet liability. Coverage is for the small and mid-sized cyber risk companies. These products are customizable featuring the option to add additional covered services directly on the policy forms. …
January 26, 2004
Nuts & Bolts: Midlands Management Corp. is offering a workers’ compensation market. Dollars: Policy limits up to $1 million employer’s liability. Minimum premium is $3,500. Carrier: Rated “A” by A.M. Best, admitted. States Available: Kansas, Mississippi and Oklahoma. Contact: Mike …
January 26, 2004
Ohio Insurance Director Ann Womer Benjamin’s first year in office since her appointment by Republican Gov. Robert Taft has been marked principally by her efforts to get a handle on the state’s medical liability crisis. Womer Benjamin represented the 75th …
January 26, 2004
A litigation association formed by insurers has filed a friend of the court brief with the Michigan Supreme Court, urging it to hear an appeal that may determine whether claimants in Michigan can recover damages based on the mere possibility …
January 26, 2004
Gregory M. Shepard recently announced a second extension of the expiration date of the tender offer made by himself and his wholly owned subsidiary, STFC Acquisition Corp., for 8 million shares of Columbus, Ohio-based insurer State Auto Financial Corp. for …
January 26, 2004
State regulators and the insurance industry’s principal workers’ compensation trade group have called for a reduction in Missouri workers’ compensation insurance rates, providing financial relief for the state’s business community. The announcement follows an 18 percent reduction in workplace injuries …
January 26, 2004
The Circuit Court of Cook County, Ill., has granted Illinois Director of Insurance J. Anthony Clark’s request for the entry of an agreed order of liquidation with a finding of insolvency against Statewide Insurance Co. The liquidation was effective Jan. …
January 26, 2004
Members of the Alliance of American Insurers and the National Association of Independent Insurers (NAII) finalized the merger of the trade groups forming a new association to be known as the Property Casualty Insurers Association of America (PCI). The creation …
January 26, 2004
As state legislatures kick into gear around the Midwest, securing favorable asbestos and tort reforms in Ohio, guarding Illinois’ healthy insurance climate and protecting the use of the Claim Loss Underwriting Exchange (CLUE) as a rating tool are the industry’s …