January 23, 2006
Nuts & Bolts: Merchants Insurance Group introduced their newly expanded Identity Recovery Coverage program for homeowners’ policyholders. The new coverage was designed to help victims of identity theft clear their credit history and repair their identity records and is available …
January 23, 2006
Nuts & Bolts: Burns & Wilcox launched a new environmental program with ACE Westchester Specialty Group Environmental for environmental contractors and consultants. Westchester Specialty Group will provide coverage on an excess and surplus lines basis through Westchester Surplus Lines Insurance …
January 23, 2006
Nuts & Bolts: CNA updated and enhanced its suite of management and professional liability products with the introduction of a stand-alone employment practices liability product. The new coverage, EPL Solutions, is targets publicly traded commercial companies, financial institutions and financial …
January 23, 2006
Nuts & Bolts: AIG Excess Casualty, a division of American Home Assurance Company, part of American International Group Inc., introduced xsInResponse, a new product that provides excess liability coverage for risks previously covered by an insurance carrier that is now …
January 23, 2006
Experts agree. The surplus lines market remains alive, healthy and stable. Who can argue with the success of this niche-based market that has risen from 4 percent in 1984 to almost 15 percent of the insurance market in 2005. National …
January 23, 2006
Midwestern Congressmen are wasting no time in e joining the mad march to fill former House Majority Leader Rep. Tom Delay’s (R-Texas) spot since the announcement of his resignation. Rep. Roy Blunt (R-Missouri), the GOP whip, and Rep. John Boehner …
January 23, 2006
The Ohio Department of Insurance recently filed revisions to several rules that could impact property and casualty insurance companies. The rules deal with solvency surveillance, acquisition or mergers, reinsurance terms and other items related to the ODI’s financial regulation of …
January 23, 2006
Zurich Financial Services Group (Zurich) and affiliates of Hellman & Friedman LLC (H&F), a leading private equity investment firm, jointly announced that they have agreed not to proceed with the sale of Zurich’s wholly owned Universal Underwriters Group to an …
January 23, 2006
Usually saying “I’m sorry” means good things for the person who says it. However when a physician says, “I’m sorry,” it could mean big trouble down the road in a court system. With this premise in mind, a new bill …
January 23, 2006
Two tough bills to keep uninsured motorists off Kansas roadways will be on the agenda for consideration when the Kansas legislature convenes this January. The first bill promises to help the state keep better track of uninsured motorists and the …