Victor O. Schinnerer & Co., Inc. will decrease rates and expand coverage in the state of California for its real estate errors and omissions program. Beginning April 1, 2010, the following rating changes take effect: 20 percent rate decrease for …
Linda Todd has been appointed director of Business Development for CNA’s Philadelphia branch. She will help shape and expand CNA’s market presence and sales culture, and will support the business insurer’s branches in Reading and Pittsburgh. She brings to her …
Specialty insurer Torus has appointed Alex Maza to oversee its U.S. Management Liability platform. Maza, who is based in New Jersey, will focus on building Torus’ offerings — which include D&O, Employment Practices, Fiduciary and Fidelity Liability products — for …
A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit rating (ICR) of “aa” of The Cincinnati Insurance Companies (CIC) and its standard market property/casualty members. Concurrently, A.M. Best has affirmed the FSR of …
Zurich has signed on to underwrite Venture Insurance Programs’ Preferred Club Program, a new offering designed for private and semiprivate golf and country clubs, as well as golf resorts, daily-fee courses, communities and top golf management companies. With Zurich’s underwriting …
United America Indemnity has announced that its Board of Directors has unanimously approved a plan to re-domicile from the Cayman Islands to Ireland. The Company’s shareholders will be asked to vote in favor of completing the reorganization proposal at a …
Lee & Mason Financial Services, Inc. has increased its limits for insurance agents’ errors and omissions coverage from $5 million to $10 million. Insurance agents E&O coverage, with limits of up to $10 million, is available on either a primary …
Following Zenith National Insurance Corp.’s sell the company to Fairfax Financial Holdings Ltd., Toronto-based Fairfax will be the seventh-largest workers’ compensation insurer in the state, on a pro forma basis, based on analysis of SNL’s 2008 statutory market share data. …
Austin, Texas, Police Chief Art Acevedo stopped short of calling the crashing of a small plane into a commercial office building in northwest Austin on Feb. 18 a terrorist act, but U.S. Representative Mike McCaul said he wasn’t so sure …
Food and Drug Administration staff said they face difficulties in reviewing certain medical devices, hurdles that may call for additional regulations and authorities, even as the industry defended the current approval process. At a public meeting Thursday, held to discuss …
