June 15, 2009
“Beware the ides of March” was the soothsayer’s warning to Julius Caesar in Shakespeare’s play about the Roman Emperor. These days, the phrase has taken on the ominous meaning that something bad is about to occur on or around March …
June 12, 2009
Available to California agents, Union General Insurance Services has an “A+” rated carrier offering premises/operations and product/completed operations coverage for all types of special events. Most pricing is on a per day basis. Limits up to $2 million occurrence/$3 million …
June 12, 2009
Hawai Gov. Linda Lingle has signed legislation that prohibits harassing someone using electronic means, such as cell phone text messages or on social networking Web sites. The legislation was introduced by Democratic Rep. Jon Riki Karamatsu of Waipahu-Waikele. It expands …
June 12, 2009
The Texas Windstorm Insurance Association recently notified agents that its waiver surcharge program for residential dwellings has been extended to Sept. 1, 2009. June 1 marked the third anniversary of the residential waiver program in its current status, with the …
June 12, 2009
Appalachian Underwriters Inc., based in Oak Ridge, Tenn., has launched true pay-as-you-go (PAYGO) general liability and workers’ compensation programs, developed specifically for clients of professional employer organizations, administrative service organizations and payroll service providers. The contractors’ general liability program is …
June 12, 2009
The Missouri Department of Insurance has appointed two veteran insurance regulators to division director positions. Mary Kempker has been name to direct the Market Regulation Division. Kempker has worked at the department for more than 10 years, including the last …
June 12, 2009
Nebraska officials are moving forward with a plan to establish a multimillion-dollar insurance fund to protect farmers when grain warehouses go broke, following the financial collapse of an elevator last year. But major agricultural groups in the state have expressed …
June 12, 2009
Shareholders of Bermuda-based insurer IPC Holdings voted down a tie-up with Max Capital Group on Friday, Max said. The deal between IPC and Max, also Bermuda-based, had the approval of the boards of both companies. IPC shareholders may have voted …
June 12, 2009
The Louisiana Citizens Property Insurance Corporation, the state’s property insurer of last resort, says the Web site portal insurance agents use to authorize the transfer of policies to private insurers is slated to close June 15. The Louisiana Legislature created …
June 12, 2009
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘B++’ (Good) and upgraded the issuer credit rating (ICR) to “bbb+” from “bbb” of 1st Choice Auto Insurance Company, Inc., and has revised its outlook on the ratings to …