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Zurich Launches Umbrella Product for Lumber and Hardware Firms

Zurich North America Commercial’s Specialties business unit is now offering a monoline umbrella product for customers engaged in the lumber and hardware industries. This offering is administered by the Huntersville, N.C.-based American Lumber Underwriters and is available to agents and …

Bermuda Insurers, Reinsurers Oppose State Cat Fund Bill – HR 2555

The Association of Bermuda Insurers and Reinsurers (ABIR) has filed an opposition to HR 2555 which, the Association warns would “replace private sector risk bearing capital with government reinsurance and government guarantees of state debt.” In a letter addressed to …

Ironshore Transition Liability Coverage Manages Risk of Discontinued Products

Ironshore Inc.’s Specialty Casualty division can now provide dedicated general liability or follow form excess insurance coverage as a separate policy to protect against past or future product liability risk. Transition protection insurance can be underwritten for a period of …

Two Lawyers Named to Minnesota Auto Insurance Plan Governing Committee

Minnesota Commerce Commissioner Glenn Wilson has appointed two public members to the governing committee of the Minnesota Automobile Insurance Plan (MAIP). Thomas J. Evenson is an associate with Lind, Jensen, Sullivan & Peterson, P.A. in Minneapolis. He is a civil …

State Insurance Commissioners Name 28 Consumer Liaisons

The National Association of Insurance Commissioners (NAIC) recently named 18 funded and 10 unfunded consumer liaison representatives for 2010. Seven of the funded consumer representatives participated in the program in 2009, while 11 are new to the NAIC program. Established …

Toyota to Investigate Prius California Police Say Accelerated

The driver of a 2008 Toyota Prius said his car uncontrollably accelerated to over 90 miles per hour on a San Diego County freeway before a California Highway Patrol officer helped him stop the car, police said. The driver, 61-year-old …

LIG Marine Managers Opens New Division in San Francisco

LIG Marine Managers has opened a new division, LIG West, and branch office located in the Financial District of San Francisco. LIG West will operate in the 11 western states. “This new division will provide LIG West Coast agents with …

Utah Considers Changes to Motor Vehicle Insurance Coverage, Liability

Utah state Sen. Stephen Urquhart is hoping to change the law on motor vehicle coverage by proposing three bills that would affect uninsured and underinsured motorist coverage, liability and arbitration for accident claims. Senate Bill 70, would modify the current …

Transportation, Agriculture Are Oregon’s Most Fatal Industries

The transportation and warehousing industry was the most dangerous industry in 2009 in Oregon, according to the state Department of Business and Consumer Services, Information Management Division. According to DCBS’ recent report on compensable fatalities by industry, transportation and warehousing, …

North Carolina Insurance Department Helps Consumers Recover $9 Million

Consumers in North Carolina were able to recover more than $9 million from insurance companies in 2009 with the assistance of the state insurance department. Insurance Commissioner Wayne Goodwin said the recovery came from his department’s handling of more than …

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