The insurance subsidiary of Northeast Bank, Northeast Bank Insurance Group, Inc., announced that Russell Insurance Agency, located in Madison, Maine, will join the group. Opened in the 1960s, Russell Insurance Agency is the fourth agency within the last six months …
Gov. John Baldacci this week signed into law a bill that authorizes Maine’s Dirigo Health program to self-insure. But it doesn’t mean that will happen overnight, or even anytime soon. For now, the self-administration law is “another very important tool …
A motorist accused of “huffing” stimulants from an aerosol can before getting into a deadly wreck cannot be charged with driving while intoxicated, New York’s highest court ruled Wednesday. The Legislature never included inhalants with alcohol and certain other drugs …
Bermuda-based Aspen Insurance Holdings Limited announced that two of its shareholders, The Blackstone Group and DLJ Merchant Banking Partners, a private equity investment affiliate of Credit Suisse, have agreed to sell 5,707,625 ordinary shares of Aspen and 2,219,668 ordinary shares …
The ACE European Group has announced some changes to its Continental European country management with immediate effect, as follows: Jeff Moghrabi is to assume the role of Country Manager for ACE France, replacing Olivier Muraire. He will relocate to ACE’s …
AXA’s Canadian subsidiaries have announced plans make available “a comprehensive portfolio of customized art insurance products and related services to meet the growing demands of individual art collectors, museums, galleries, corporations, galleries, trusts, traveling exhibitions and artists in the Canadian …
Risk Management Solutions has issued a preliminary estimate of the insured losses from the past week’s floods in the UK, indicating that they “could exceed £500 million [$1 billion].” Heavy rainstorms hit Wales, Northeast England and Northern Ireland over last …
Gov. Charlie Crist appointed Erin M. Isaac to serve as communications director within the Florida Executive Office of the Governor. Isaac currently serves as press secretary for Crist. She previously served as press secretary for the Crist-Kottkamp Transition Team and …
Consumers in Florida will soon see significant cost savings and a more consumer-friendly automobile insurance system when the state’s fraud ridden no-fault personal injury protection (PIP) law sunsets October 1, 2007, according to insurer members of the Property Casualty Insurers …
Louisiana’s legislative auditor said officials who run the Louisiana Citizens Property Insurance Corp. are giving investigators access they need to inspect the state-backed company’s records. Steve Theriot had earlier said that the records might have been altered or destroyed, and …
