Sloan Mason announced it has new $1 million maritime employer’s liability capability, to be written in conjunction with workers’ compensation/United States Longshore and Harborworkers Compensation Act coverage for companies with marine and longshore exposures. The program is available in all …
Encino, Calif.-based NAS Insurance Services has enhanced its Medefense Plus insurance by automatically including coverage for Stark proceedings. In addition, NAS is offering solo physician practitioners and physician groups the opportunity to add disciplinary proceedings coverage to their Medefense Plus …
Seattle-based Safeco has launched its Teensurance program nationally, providing online tools for teen drivers and their families. According to the company, the goal is for the technology to help families have conversations with their teens about the responsibilities and experience …
Deerbrook Auto insurance has announced it is pulling out of the California market. The company, which is owned by Allstate, submitted its application to withdraw from the state on May 31, a spokeswoman said. The company said it is no …
People’s United Financial, Inc., the holding company for People’s United Bank in Bridgeport, Connecticut, has agreed to acquire similarly-sized Chittenden Corp. of Burlington, Vermont, in a stock and cash transaction valued at $1.9 billion. The combined company will have assets …
Gov. Charlie Crist knows a new law hasn’t cut home insurance rates as much as he and consumers had expected. Crist said some insurance companies have not filed for rates as low as he had hoped after lawmakers changed state …
In Florida, the Tampa and Daytona Beach offices of Burns and Wilcox announced the availability of ACE Westchester Specialty Group’s pollution liability insurance product, as offered through Westchester Surplus Lines Insurance Co., and Illinois Union Insurance Co. The product can …
Standard & Poor’s Ratings Services has assigned its “AA” long-term counterparty credit and insurer financial strength ratings to Generali IARD and Generali Vie, the main operating entities of the French holding company, Generali France (not rated). The outlook on both …
Allstate Insurance Co. has agreed to a mass settlement of claims by a group of Mississippi policyholders who sued the insurer over damage to their homes from Hurricane Katrina, a company spokesman and a lawyer for the homeowners said. Terms …
A Louisiana state-chartered bank would be created, touted as a way to spur private investment in the rebuilding of public infrastructure devastated by Hurricane Katrina, under a bill nearing final legislative passage. The bill by Sen. Ed Murray, D-New Orleans, …
