A massive oil slick from a blown-out well in the Gulf of Mexico is expected to reach a wildlife reserve at the mouth of the Mississippi River Thursday as it threatens the environmentally delicate coastline of Louisiana and three other …
Chartis has introduced Pollution Legal Liability Select form (PLL Select), developed by its Environmental Division. PLL Select was introduced by Chartis 15 years ago in the environmental insurance market. The new PLL Select form protects against environmental liabilities that accompany …
ASI Healthcare, a division of American Safety Insurance (ASI), now offers an optional Environmental Impairment Liability (EIL) coverage form for nursing home, assisted living and elder care facilities. The EIL form covers bodily injury to residents and the costs to …
Zurich’s Global Energy has expanded its operations in the Western U.S. and Latin America through the addition of new Global Energy underwriting and risk engineering operations within Zurich offices in Glendale, Calif., Buenos Aires, Argentina and Sao Paulo, Brazil. These …
AIR Worldwide (AIR) has enhanced its catastrophe model for estimating property and business interruption losses for a wide variety of industrial facilities. “AIR conducts detailed, site-specific, engineering-based risk assessments for various types of industrial facilities through our Catastrophe Risk Engineering …
The Florida companies of Allstate Insurance Co. have been writing new homeowners and renters business for several months and have now indicated they may also assume some policies from the state-backed insurer, Citizens Insurance Corp. Amy Moore, Allstate media representative …
A newly-formed Mississippi company with backing from a Florida insurer and local private investors including six independent agencies will begin writing homeowners policies on the coast in Mississippi. Gulfport-based Coastal American Insurance Co. says it will specialize in homeowners insurance …
Allstate Insurance Co. has sannounced it is looking to appoint 51 exclusive agency owners in Colorado in 2010. “We see a significant opportunity in the current economy to attract mid-career, mid-level managers to own and operate their own business and …
A recent report by the Workers Compensation Insurance Rating Bureau of California indicates that total statewide pur premium generated after application of 2010 workers’ compensation experience modifications has not been affected by changes in the experience rating formula that was …
Standard & Poor’s Ratings Services is keeping its ‘A’ counterparty credit and financial strength ratings on Reserve National Insurance Co. on CreditWatch with negative implications. “We had placed these ratings on CreditWatch negative after Unitrin Inc. announced that it had …
