Declarations Mass. Expansion – Vermont Mutual CEO Thomas Tierney, commenting on his company’s decision to enter the Massachusetts personal auto insurance market. It is the second company this month – along with American International Group – to announce it would …
Primary and excess property insurance Contractors: Primary and excess liability coverage for general contractors, subcontractors and all construction trades for construction, building, demolition or renovation. Also Owners Contractors Protective, primary and excess liability purchased by a contractor to protect the …
Allied World, Darwin Bermuda-based Allied World Assurance Co., Ltd. has agreed to acquire Connecticut-based Darwin Professional Underwriters, Inc. Darwin offers specialty and primary professional lines coverages, which include health care professional liability and niche errors and omissions. Darwin also has …
Agents in New Jersey are praising a recent court decision that limits an agent’s duty of care when a client misrepresents himself. The ruling stems from a suit brought by Harbor Commuter Services, a ferry operator in New York Harbor, …
Willumstad is the wrong person for the job and would be even if these were good times. The world’s largest insurance company, the one that always announces spectacular earnings, the company with the forceful views on how the market should …
N2 | Washington Report House Subcommittee Moves Key Federal Bills N4 | Insurers Bitten by $350 Million in Dog Claims Average Liability Claim Tops $24,000 N6 | Conning: Insurers’ Financials Strong, Despite Price Deterioration Predicts Negative P/C Environment in Next …
The Rhode Island Supreme Court has upheld a lower court’s decision by refusing to hold a Manville couple liable for the injuries a woman and her boyfriend suffered in a car crash after drinking at the couple’s home. Brianna Mari …
The exchange would allow underwriters to form syndicates to reinsure and insure unusual or very large exposures. N.Y.’s Dinallo Sees Insurance Exchange Open by 2009 New York Insurance Superintendent Eric Dinallo said a revival of the defunct New York Insurance …
Agents say that the search of the admitted market ends up being just a time-waster for them and their clients. They already know which risks their insurers will accept and not accept. Insurance agents and brokers from across New York …
The number of workers killed on the job annually dropped to a historic low in 2007, the Bureau of Labor Statistics announced Wednesday. The number of worker deaths dropped to 5,488 last year — the fewest since the Bureau of …
