Monthly Archives: <span>June 2007</span>

NetRate Systems, Inc. Announces Availability of Massachusetts Commercial Auto Rating System

Okemos, MI – NetRate Systems, a leading provider of commercial lines rating software for the insurance industry, announces the immediate availability of Massachusetts Commercial Automobile Rating. The Mass Auto Rating System includes Business Auto, Garage, and Truckers, all based on …

Jackson, Miss. Among Most Dangerous Cities in U.S.

Mississippi’s capitol city has had a dramatic one-year jump in crime placing it among the most dangerous in the country, according to information from the FBI’s preliminary Uniform Crime Report for 2006. The report showed Jackson had a a 10 …

Unsafe Work Conditions Caused Fatal Miss. Explosion, Feds Say

Unsafe work conditions contributed to a deadly oilfield explosion in Smith County, Miss., in 2006, the U.S. Chemical Safety Board said this week. The board, an independent federal agency charged with investigating industrial chemical accidents, released its findings about the …

Hartford Financial Reports Changes at the Top; Names Marra President

The Hartford Financial Services Group, Inc. has named Thomas M. Marra to the newly created position of president and chief operating officer. Marra, 48, currently a member of the company’s board of directors and president and chief operating officer of …

Markel Global Marine & Energy Expands Onshore Property Products

Houston-based Markel Global Marine & Energy Inc. (MGME) announced an expansion of product capabilities in its Onshore Energy Property Division. According to the announcement. the division immediately will begin writing all oil field contractors equipment (hot oil, coil tubing, swabbing, …

Ratings Roundup: NY Marine (NYMAGIC); Sooner

A.M. Best Co. has affirmed the financial strength rating (FSR) of “A” (Excellent) and the issuer credit ratings (ICR) of “a” of New York Marine Group and its members, New York Marine And General Insurance Company and Gotham Insurance Company. …

White Named Insurer Regulation Director at Delaware Department

Steve White has been named director of the Bureau of Company Examination, Regulation and Guaranty (BERG) in the Delaware Department of Insurance, Insurance Commissioner Matt Denn announced. A 13-year employee of the department, White most recently held the post of …

Florida Company Recalls China-Made Shir Toothpaste in U.S.

A Florida company issued a U.S.-wide recall of toothpaste it imported from China and distributed to wholesalers, saying that the product may contain a poisonous chemical. Gold City Enterprise LLC said the roughly 170,000 recalled Shir toothpaste products may contain …

NAS Insurance Offers Network Security Insurance

Encino, Calif.-based NAS Insurance Services has a new network security insurance called NetGuard, which covers allegations against an insured such as breach of privacy, identity theft, etc. NetGuard includes gvernment investigations defense cost insurance such as government investigations into HIPAA …

S.C. Governor Signs Bill to Help Coastal Residents with Insurance

Gov. Mark Sanford signed a bill into law Monday that he says should lower insurance costs for residents along South Carolina’s coast. Sanford’s signature comes three months after the Republican governor and his recently appointed Insurance Department director, Scott Richardson, …