July 29, 2010
Foremost announces their DISTINCTCHOICE auto program in New York. Foremost’s new auto program is designed with increased limits, deductible options and important coverages for drivers. The DistinctChoice auto program features broad eligibility and popular discounts. Some of the highlights include: …
July 29, 2010
Dennis Smith of Columbia, Mo., has been honored as the Missouri Association of Insurance Agents’ Insurance Person of the Year. The award was given at MAIA’s annual Leadership Conference on July 22. Smith received the award in acknowledgement of his …
July 29, 2010
Louisville, Ky.-based insurance broker Neace Lukens has opened a new office in Dayton, Ohio. The new office consists of two full-time employees. Michael Ward joins as vice president of its construction insurance services group, and Deb Markland serves as a …
July 29, 2010
Standard & Poor’s Ratings Services has raised its counterparty credit rating on Arch Capital Group Ltd. to ‘A-‘ from ‘BBB+’. S&P also raised its counterparty credit and financial strength ratings on Arch Capital’s operating insurance and reinsurance companies to ‘A+’ …
July 29, 2010
A Japanese supertanker, which triggered fears of an attack in the sensitive Strait of Hormuz oil shipping route, collided with something, possibly a submarine or mine, UAE port officials inspecting the ship said on Thursday. Damage to the massive crude …
July 29, 2010
Crews are working to cap a new oil leak in a Louisiana coastal inlet after a barge slammed into an abandoned well on July 27, sending a shower of water, natural gas and oil spewing about 100 into the air. …
July 29, 2010
Massachusetts-based OneBeacon Insurance Group said it is launching a new E&S lines business and has appointed Dennis Crosby as president of the business, OneBeacon Excess and Surplus Lines. OneBeacon said the new division will both support its current business and …
July 29, 2010
A former Pennsylvania insurance agent has been sentenced to three years in prison for his role in scheme to steal hundreds of thousands of dollars in premiums, according to the New Jersey attorney general’s office. Thomas Hurd, 53, of Bensalem, …
July 29, 2010
A majority of Americans believe that laws allowing people to sue their own auto insurance company for punitive damages, in addition to receiving benefits for their insured claim losses, are not a good idea. New public opinion survey findings from …
July 29, 2010
Attorney General Wayne Stenehjem says North Dakota’s crime rate dropped slightly last year, but the number of violent crimes rose. A new report provides North Dakota statistics for a number of crimes, including murder, aggravated assault and rape. It includes …