Foremost Insurance Group is offering a new auto insurance program in Maryland that includes increased limit and deductible options. The new program, called DistinctChoice Auto, includes multi-policy discounts (Farmers, Foremost and Zurich Small Business policies qualify) and optional dynamite deductible …
On Jan. 6, the WCI Chinese Drywall Trust, an entity formed in bankruptcy proceedings of residential homebuilder WCI Communities Inc., announced it had filed suit against 14 insurance companies seeking indemnification for losses arising from claims related to allegedly defective …
Bordentown, N.J.-based New Day Underwriting Managers LLC, an environmental and construction-related professional liability resource for insurance agents and brokers, announced it is building its underweriting team by appointing Carole Carretta of Lafayette, Calif., to assistant vice president. Carretta, who will …
British insurance company Aviva PLC has agreed to buy all the shares in River Road Asset Management of Louisville, Kentucky. Aviva did not say what it is paying for the company, which has gross assets of $6 million and $3.6 …
Democrats in the U.S. Congress are preparing to merge the two health care bills passed in 2009 by the Senate and House of Representatives into a single bill. This compromise bill would have to be passed by both chambers of …
Authorities have made an arrest in connection with a fire in Northampton, Massachusetts that claimed the life of an elderly man and his son. District Attorney Elizabeth Scheibel said in a statement that 25-year-old Anthony P. Baye was arrested at …
Veteran Democratic Senator Christopher Dodd said Wednesday he will not seek re-election in November in recognition that he faced an uphill battle and underscoring upheaval facing President Barack Obama’s Democrats. Dodd, 65, chairman of the Senate Banking Committee and leader …
Mark Little has been hired by San Diego-based Cavignac & Associates as surety account manager. Little brings to Cavignac & Associates five years of experience in the construction and surety industry. In his new position, he is charged with supporting …
After 30 years at Chubb Corp, Thomas Motamed joined Chicago-based commercial lines insurer CNA Financial in January 2009 as chairman and CEO. In this edited interview with Insurance Journal’s Andrew Simpson, Motamed talks about his goals and changes at CNA, …
Florida Doctors Insurance Co. has completed a merger and acquisition of Physicians Preferred Insurance Co. (PPIC), which Florida Doctors said makes it the fourth largest admitted writer of physicians and surgeons medical professional liability insurance in Florida. The transaction was …
