March 15, 2006
Hiscox plc, a provider of specialty insurance based in the U.K., has opened a new U.S.-based underwriting operation offering cover for small and mid-size US professional service businesses outside the Fortune 1000. Hiscox USA, based in Armonk, N.Y., has opened …
March 15, 2006
South & Western General Agency and American Modern Insurance Group are offering several continuing education courses to help Texas agents understand Motorcycle/ATV and Watercraft coverage issues. Each course provides two hours of CE credit – at a minimal cost to …
March 15, 2006
Anita Richardson’s insurance company gave her $4,500 to repair what her contractor says is $50,000 worth of damage done when Hurricane Katrina ripped apart the roof of her New Orleans, La., home and poured about two feet of water inside. …
March 15, 2006
An earthen dam on Hawaii’s island of Kauai burst without warning Tuesday morning. One body was found and as many as seven people were reported missing as two houses were swept away and the island’s main coastal highway was washed …
March 15, 2006
Bermuda-based United America Indemnity Ltd. has appointed Robert Cohen as president and chief executive officer of its subsidiary, Penn Independent Corporation. Cohen has been acting president and CEO since November 2005. From 1992, he was a senior vice president for …
March 15, 2006
Atlanta-based Ebix Inc., which provides software and IT services to the insurance industry, said in a report on its financial results for the fourth quarter and year ended Dec. 31, that its revenue rose 20.6 percent in 2005, Ebix’s total …
March 15, 2006
The New York Assembly approved a bill that would make permanent the New York Property Insurance Underwriting Association (NYPIUA), an insurance program to provide insurance “of last resort” to property owners in Long Island coastal areas and in some urban …
March 15, 2006
A report in Jackson, Miss. by Insurance Commissioner George Dale shows that six months after Hurricane Katrina struck a devastating blow to the Gulf Coast, major insurers have made solid progress and are committed to completing the job and preparing …
March 15, 2006
Some Massachusetts politicians want to make sure that good drivers in communities that crackdown on auto insurance fraud reap the savings. But insurers contend that an overhaul of the entire auto insurance system, rather than mandating that cost savings be …
March 14, 2006
The New York State Senate has passed legislation (S.6828-B), sponsored by Senator Betty Little (R-C-I, Queensbury), that would require owners of public boats operating on navigable waters in New York State to obtain marine liability insurance. The legislation would require …