Coverys, a Boston-based provider of medical professional liability insurance and related services, announced the creation of Coverys Specialty Insurance Company, a new excess and surplus lines underwriting company. The New Jersey-domiciled Coverys Specialty’s offering will round out Coverys’ suite of …
Palomar Specialty Insurance Co., based in La Jolla, Calif., has partnered with Fort Worth-based Wellington Risk Insurance Agency Inc. (Wellington), to offer wind-exposed residential property insurance in Tier II counties in Texas. This represents Palomar Specialty’s first expansion product category …
A.M. Best has revised the outlook to stable from negative for the financial strength rating (FSR) and issuer credit rating (ICR) of Illinois Casualty Co. (Illinois Casualty) in Rock Island, Ill., while affirming the FSR of B++ (Good) and the …
Since the first winter storm hit Boston at the end of January, the city has removed over 10,000 truckloads of snow after a record six feet of snowfall in the last 30 days — breaking the previous record of 58.5 …
Specialty Insurance Group (SIG) and Reel Media, LLC have formed a strategic alliance within the entertainment industry to service the specialty entertainment insurance market segments. The agreement combines the underwriting capabilities of both SIG and Reel Media with the established …
Norma Carabajal Essary has been appointed as executive director of the Surplus Lines Stamping Office of Texas (SLSOT), effective March 1, 2015. She succeeds Philip R. Ballinger, who retired Jan. 2, 2015, after 22 years of distinguished service. For the …
A measure aimed at curbing the dangerous trend of texting while driving easily passed out of an Oklahoma House committee, the bill’s author reports. House Bill 1965, by state Rep. Terry O’Donnell, strengthens language aimed at preventing texting while driving, …
Atlas General Insurance Services, LLC, a national multi-line program manager, has added a new inland marine program to its Commercial Division product offerings. The program will provide builders’ risk coverage for frame projects up to $5 million and up to …
A federal appeals court says record-setting test pilot Chuck Yeager can sue a Utah gun safe company that named a line of safes after him. The 10th U.S. Circuit Court of Appeals in Denver ruled Tuesday that the 91-year-old can …
A federal jury has awarded nearly $15 million to 11 Denver, Colo.-area warehouse workers who accused a trucking company of segregating workers by race, calling black people “stupid Africans” and punishing those who complained. Attorney Lynn Feiger, who was among …
