Recent storms throughout Oklahoma caused a tremendous amount of property damage and the Oklahoma Insurance Department says some insurers have been, or currently are, issuing nonrenewal notices to many of their insured. Insurance Commissioner Kim Holland is strongly advising insurers …
MMIC Group, a Midwest provider of medical professional liability insurance to physicians, hospitals and clinics, announces today its affiliation with Rotenberg Associates LLC, a Minneapolis-based strategic communications firm specializing in crisis and critical issues strategy and communications. Through this association, …
CNA insurance companies recently formalized its relationship with SeaPass Solutions, Inc. to support the expansion of on-line quoting resources for its small business agents and brokers. Through the SeaPass Hub platform, a comparative commercial lines quoting tool, CNA’s distribution partners …
Farmers & Mechanics Insurance in West Virginia is now offering a new Service Line coverage, which pays to repair underground outdoor water, sewer and electrical service lines that fail because of perils that would not be covered under most homeowners …
Physicians Healthcare Management Group, Inc.’s exclusive affiliate, Physhield Insurance Exchange, a Risk Retention Group, has received approval from the state of Maryland Insurance Administration to underwrite medical malpractice insurance in the state. The insurance will be sold through the sales …
Statehouse Casualty Managers and The Windward Group have entered into a preferred partnership with an A- / IX specialty lines insurer to underwrite umbrella coverage for a broad class of businesses. The coverage will be written on an ISO umbrella …
Pacific Gateway Insurance of Valencia, Calif., has added the field underwriting staff previously with Berkshire Hathaway Homestate Companies. Pacific Gateway acquired BHHC’s property/casualty division in April. Customers who have worked with the BHHC commercial auto division are already familiar with …
Recently, Leads360 published a breakthrough study explaining how many times your company should be calling each of leads that it purchases or generates. We received a lot of great feedback, but one of the questions that commonly came up was, …
Standard & Poor’s Ratings Services has revised its subordinated debt rating on Avalon Re Ltd.’s Class C notes to ‘D’ from ‘CC’. S&P explained that “paid losses related to Hurricane Katrina and the explosion at the Buncefield oil depot totaled …
A bid for Lloyd’s of London insurer Brit is unlikely to trigger acquisitions in the battered sector because targets feel they can hold out against lowball private equity bids and trade buyers remain strapped for cash. Shares across the Lloyd’s …
