June 8, 2010
Seattle-based SeaBright Insurance Holdings Inc. announced that it has changed its corporate name to SeaBright Holdings Inc. to better reflect the different products and services offered by SeaBright’s subsidiary companies. The company’s New York Stock Exchange ticker symbol “SBX” will …
June 8, 2010
W. R. Berkley Corp. has appointed J. Michael Foley as president of Berkley Risk Administrators Co. (BRAC). Foley succeeds BRAC founders Mark C. Tansey and Kenneth R. Hopkins, who will each continue in a consulting capacity with W. R. Berkley …
June 8, 2010
Midlands Management Corp. has introduced a public entity multi-line package designed for select public entity risks that want to gain more control over their casualty exposures by accepting a self-insured retention (SIR) and implementing a proactive claims management partnership and …
June 8, 2010
State Farm Insurance Co. has decided to discontinue writing new flood insurance policies with the National Flood Insurance Program but the company says it will still service existing policies and State Farm agents will continue to help their customers with …
June 8, 2010
California workers’ compensation total direct written premium (DWP) fell nearly 10 percent last year, dropping to a nine-year low of $6.9 billion, according to market share data from the National Association of Insurance Commissioners (NAIC) released by the California Department …
June 8, 2010
Risk management ranks relatively low on the priorities list for small business owners, according to a recent survey by Travelers. And that outlook could mean trouble down the road when problems arise for those firms, the insurer warns. “Small business …
June 8, 2010
Navigators Insurance Co. and Victor O. Schinnerer & Co., Inc. have launched a non-profit D&O program. Schinnerer will act as program administrator for Navigators. The admitted filing of this countrywide program is currently under way and 44 states, the District …
June 8, 2010
State officials are warning motorists that police are cracking down on aggressive driving in Delaware. The Delaware Office of Highway Safety says 11 state, county and municipal police agencies will conduct patrols this summer aimed at stopping aggressive drivers. State …
June 8, 2010
United Insurance Holdings Corp., a property and casualty insurance holding company, has announced that United Property & Casualty Insurance Company (UPC), a wholly-owned subsidiary, was approved to begin writing property and casualty insurance in the state of South Carolina as …
June 8, 2010
Louisiana Attorney General Buddy Caldwell has filed a Petition for Discovery and Investigation against British Petroleum in state court in Plaquemines Parish. The petition alleges that BP has failed to cooperate and share important information with the state, specifically information …