November 18, 2009
Chartis (the former P/C division of AIG) announced the introduction by its Environmental Division of a specifically crafted endorsement, designed to address the environmental risk exposures for carbon capture and storage operations. “The endorsement provides tailored coverage under Chartis insurers’ …
November 18, 2009
The California Department of Insurance has launched of a new report card on its Web site (www.insurance.ca.gov) that will allow consumers to make more informed choices about which Preferred Provider Organization (PPO) is best for them. The report card will …
November 17, 2009
“Economic downturns are often linked to increases in fraud and crime,” notes an article on the Lloyd’s web site (www.lloyds.com). “In desperate times people are said to be more likely to turn to fraud, and scams are more likely to …
November 17, 2009
Cleveland, Ohio-based Allegiant Programs Group has launched Amusement Insurance Resources, a national specialty insurance program serving the amusement rental industry. All lines coverage is written on an admitted and non-admitted basis in all 50 states through a carrier rated A …
November 17, 2009
The Allstate Corp. has named Joseph P. Lacher, Jr., 40, as president of Allstate Protection, effective November 30, 2009. He will lead all of Allstate’s property and casualty offerings, “serving over 17 million American households,” said the bulletin. He will …
November 17, 2009
A Bismarck state senator says North Dakota’s insurance premium tax on nonprofit health insurance companies should be abolished. Democrat Tracy Potter is drafting the proposal for the Legislature’s interim Industry, Business and Labor Committee. He says it will give Blue …
November 17, 2009
The Connecticut-based Beazley Group announced the launch of its first two environmental insurance products “to meet the evolving needs of the environmental services industry.” The Company, a subsidiary of the Beazley group, which is headquartered in London, has built a …
November 17, 2009
Residents living downstream from Fargo, N.D., and neighboring Moorhead, Minn., along the Red River fear their towns would be sacrificed in a diversion plan to save the two larger cities from chronic flooding. Backers of the plan say it’s too …
November 17, 2009
The New York-based Navigators Group, Inc. announced that its Board of Directors has adopted a stock repurchase program for up to $35 million of the Company’s common stock. “Repurchases may be made from time to time at prevailing prices in …
November 17, 2009
A federal judge has denied a request by Cintas Corp. for summary judgment in a 2007 wrongful death lawsuit in Tulsa, Okla., a ruling that paves the way for a jury to hear the case against the nation’s largest uniform …