Yearly Archives: <span>2006</span>

New Markets

New Markets Excess Auto Liability Nuts & Bolts: Freberg Environmental Inc. announced an excess automobile liability program designed to provide excess limits over FEI’s hazardous material and hazardous waste trucking program with Arch Insurance Group. The Arch program provides a …

New Markets

Excess Auto Liability Nuts & Bolts: Freberg Environmental, Inc. has announced an excess automobile liability program. The program is designed to provide excess limits over FEI’s hazardous material and hazardous waste trucking program with Arch Insurance Group. The Arch program …

Business Moves

Tower Group, CastlePoint Tower Group, Inc. in New York has entered into a strategic relationship with CastlePoint Holdings, Ltd., a Bermuda-based holding company that it has sponsored. CastlePoint has been capitalized with $265 million and is now able to provide …

Hartford to charge insurers for emergency services

Fire protection and medical help remains free, but the Hartford, Conn. Fire Department is set to begin charging insurers for other emergency services. The department will begin billing insurers for certain situations such as getting people out of crushed vehicles …

Mass. makes health insurance history by making it compulsorypq”The state says the uninsured tend to be low income, par

Everyone pays their part: individuals, government, health care providers and employers,” proclaims the document outlining the latest plan to expand health insurance to all citizens in Massachusetts. The Commonwealth is sailing into uncharted waters by becoming the first state to …

Acquiring minds want to know how even smaller firms can buy agencies

Small to mid-sized retail independent insurance agencies looking to grow through acquisition had better have a good plan in place if they want to run with the big dogs—those big dogs being the banks, the large public brokers and the …

Jobs and more on the line in R.I. as Beacon Mutual-Carcieri political saga enters critical period

Executives at Rhode Island’s largest workers compensation carrier, Beacon Mutual Insurance Co., figure they could be looking for new jobs as early as June if Governor Donald Carcieri gets his way. They expect that if they do not succeed in …

Editor’s Note: Close to home: 1906 revisited

April 18 marks the 100th anniversary of the great San Francisco earthquake of 1906, a catastrophe that affected thousands of lives, caused hundreds of millions of dollars in damage and generated aftershocks in insurance and engineering communities that continue to …

Not all agents oppose an optional federal charter

The Commissioners are now fully prepared to go before their various legislative committees with recommendations for a system of insurance law which shall be the same in all States – not reciprocal, but identical; not retaliatory, but uniform. This statement …

Critics allege wind modelers following politics over science

Risk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific and that they are designed to justify insurance premium increases. RMS declined to address …