A number of insurance companies in the Northeast are bringing in additional claims adjusters to respond to the needs of their hardest hit customers and help speed the recovery process from the recent string of storms that have blanketed the …
On the surface, Michael Ring’s business is about finding mold in people’s houses and getting rid of it. But shortly after he started Moldex eight years ago, Ring discovered he’s actually in the education business. He’s seen plenty of horror …
Short Hills, New Jersey-based Bollinger Inc., one of the largest insurance agencies in the country, has acquired Allied Insurance Services (AIS). As part of the acquisition, Michael M. Rossi III, principal owner of Vineland-based AIS, joins Bollinger as senior vice …
Damaged levees will stand between Iowa homes and farm fields this spring because of a delay in repairs. The U.S. Army Corps of Engineers had estimated that the flood-damaged levees certified by the corps would be fixed by year’s end, …
The deadly magnitude-6.6 San Simeon earthquake five years ago is still rocking the Central Coast economy. The quake struck the morning of Dec. 22, 2003, causing more than $200 million in damage. Many downtown areas in the hard-hit cities of …
Yesterday was the first in this two-part series on limited designated operations endorsements. Discussed and corrected were the assertions that: • Coverage is reduced by attachment of the endorsement; • The endorsement limits the activities in which the insured can …
Bill Feeley, president of the International Hurricane Protection Association (IHPA), announced the formation of the Consumer Safety Task Force for Hurricane Protection Products, intended to act in unison with the Florida Attorney General’s office to protect consumers from unscrupulous hurricane …
A.M. Best Co. has affirmed the financial strength ratings of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a” of Aspen Insurance UK Limited (AIUK) and Bermuda-based Aspen Insurance Limited (AIL) (Bermuda). Best also affirmed the ICR of “bbb” …
Marsh’s London office has issued a bulletin indicating that it “expects a sharp rise in the number of UK companies buying fraud insurance protection next year, as the world economy continues to deteriorate. Marsh also expects the number of insurance …
Scottsdale Insurance Company has announced the launch of a partnership with “The Co-operators, the leading Canadian-owned, mutli-product insurer, to assist them in expanding their commercial lines portfolio and to give Scottsdale exposure to the Canadian market.” Scottsdale’s bulletin said it …
