The Hanover Insurance Group Inc. has expanded its Hanover Specialty Industrial insurance program for manufacturers, wholesalers and distributors by adding environmental liability protection. The additional coverage will help to protect industrial businesses against a growing number of environmental risks, the …
Standard & Poor’s Ratings Services lowered its long-term sovereign credit rating on the United States of America to ‘AA+’ and assigned a negative outlook on Aug. 5, and as a result the rating agency also took action on 10 U.S.-based …
Bank holding companies (BHC) set a new record, marking the highest quarterly results ever recorded for first-quarter insurance brokerage income. BHCs posted $3.98 billion in insurance brokerage income in the first quarter 2011, up 19.8 percent from $3.32 billion in …
The Navigators Group Inc. and its principal underwriting agency subsidiary, Navigators Management Co. Inc., expanded its online system for contractors pollution liability insurance. New enhancements to the online platform include options for affirmative coverage for fungus/mold caused by negligent contracting …
Chartis introduced a new general liaiblity product for building services contractors to address several target casualty exposures in a single endorsement. As part of a full suite of primary casualty solutions for the real estate sector, this new coverage endorsement …
After more than 42 years as a leader in the insurance industry, John J. “Jack” Hannigan, executive vice president of independent agency operations for Farmers Insurance Group has decided to retire at the end of the year. In 1983, Hannigan …
The hospitality industry is a tempting target for an increasing number of cyber attacks. The vast quantities of personal, identifiable information collected by the leisure and hospitality industry puts the industry at greater risk for cyber attacks, according to Willis …
Travelers has developed a new marine construction program for construction contractors working with both the marine and non-marine exposures in and around the water. The Travelers Marine Construction program can be customized to fit each contractor’s needs by combining key …
It’s that time of year again, when the nation’s leading privately held independent insurance agencies are put in the spotlight. Welcome to Insurance Journal‘s exclusive Top 100 Independent Property/Casualty Agencies list. These leading agencies have weathered the bad economy and …
The implementation deadline for the Non-admitted and Reinsurance Reform Act arrived on July 21. States have been scrambling over the past year to update their surplus lines laws to comply with NRRA requirements and to figure out how to share …
