Nuts & Bolts: Allen Financial Insurance Group Inc. and The Equestrian Group are offering a market for agribusiness and specialty equine insurance. Dollars: Policy limit $4 million. Minimum premium is $500. Carrier: American Reliable Insurance Co. and American Bankers Insurance …
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 …
Leaders from MedChi, Maryland’s state medical society, Gov. Ehrlich and other elected officials, joined AMA President Donald J. Palmisano, as he spoke to thousands of Maryland physicians in front of the state capitol about the crisis confronting patients and the …
New Jersey’s new image as the poster child for insurance reform was looking a bit tarnished following the publication of statistics released by the National Association of Insurance Commissioners in January. They seem to show that, contrary to industry statements, …
Delaware Insurance Commissioner Donna Lee Williams has announced that she will not seek re-election to a fourth term. Williams has decided to devote more time to her family. A Republican first elected in 1992, Williams is the first woman to …
Despite a recent decision by the state’s Court of Appeals that narrows the scope of the state’s so-called labor or scaffold law, the Independent Insurance Agents & Brokers of New York Inc. insists it will continue to pursue reforms in …
The New York State Workers’ Compensation Board resolved 315,000 claims in 2003—almost three claims per minute—marking the third consecutive year that the board has reached the 300,000 resolution mark. Interim Chairman Jeffrey R. Sweet reported that the board’s inventory of …
Workers’ compensation costs per claim in Pennsylvania continue to grow, according to the Workers’ Compensation Research Institute (WCRI). A study by the Cambridge, Mass-based WCRI found that costs per claim rose 8.5 percent per year on average from 1999-2000 to …
Meadowbrook/TPA Associates, a Massachusetts’ third party administrator of self-insured workers’ compensation programs, is distributing $4,023,874 in dividends to 520 businesses who are members of the self-insured groups the company manages. The news is a welcome respite from the usual litany …
Howard Dean may be grabbing the headlines, but Vermont’s captive insurance division is also doing quite well. It licensed an all-time record of 77 new captives in 2003, eclipsing last year’s record of 70 and bringing the state’s total of …
