Changes in the federal flood insurance program are likely to mean higher premiums for thousands Maryland residents, and not just those living in Ocean City or along the Chesapeake Bay. Residents of smaller inland towns like Federalsburg, where the percentage …
Realtor Bob Preston has lived on New Hampshire’s seacoast his entire life and his family has sold and rented properties there for decades. He’s never had a property flood but still pays for federally mandated flood insurance. Like thousands of …
Berkshire Hathaway Specialty Insurance (BHSI), part of Omaha, Nebraska-based conglomerate holding company Berkshire Hathaway, has its eyes on overseas expansion, according to BHSI’s top executive. BHSI’s President Peter Eastwood said BHSI is “working hard at some expansion plans in Asia …
Apparently some insurance providers, producers and others are attempting to place business through portals unlicensed to sell Affordable Care Act qualified plans by leading consumers to believe the plans are qualified, and Arkansas Insurance Commissioner Jay Bradford wants them to …
Portland, Maine-based workers’ compensation carrier MEMIC has announced the promotion of Eileen M. Fongemie and Deborah E. Lander.Fongemie has been named director of finance. In this capacity, she will be responsible for planning, direction and management of the company’s financial …
Much of downtown Montpelier, Vermont, is perched along the banks of the North Branch of the Winooski River, a waterway that has poured into buildings, forcing many homeowners to purchase flood insurance. Now 242 Montpelier residents who receive subsidized federal …
Six companies, the city of Appleton and a sewerage commission have offered to pay a total of $56 million to help with the massive cleanup of contaminants in the Fox River in northeastern Wisconsin. If a federal judge approves the …
Crestbrook Insurance Co., an affluent market personal lines carrier, has expanded its products and services to independent agents and their clients in California. After launching in Illinois last October, the Nationwide Insurance subsidiary will continue to expand into Washington, Arizona, …
While the federal government wades through a complicated effort to keep the National Flood Insurance Program solvent, the capital city has very little at stake in the debate. That could be changing, though. Data compiled by The Associated Press show …
ACE Group has introduced standalone passenger accident insurance for motor carriers. The coverage provides accidental death and dismemberment and accident medical/dental expense benefit coverage for authorized passengers who are injured while traveling with a driver who is working under the …
