The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Canine Security Nuts & Bolts: MarketScout is offering coverage for bomb and drug sniffing dogs. …
Inspectors were surveying damage in southern Alabama and the Florida Panhandle on Monday from a tornado that destroyed at least seven homes but didn’t cause any reported injuries. Investigators now believe that a storm system that moved across the area …
The Occupational Safety and Health Administration has proposed $328,500 in fines for Tuscaloosa, Ala.-based Gilco Contracting Inc. The company allegedly exposed workers to serious and repeated safety hazards at two job sites in Lakeview and another in Northport, federal labor …
Another wave of tornadoes materialized in the Deep South over the weekend and this time, in Prattville, Ala., several businesses on a commercially populated boulevard were severely damaged, according to a Department of Insurance spokesman. Ragan Ingram of the Alabama …
A.M. Best Co. has placed the financial strength rating (FSR) of ‘B’ (Fair) and issuer credit rating (ICR) of “bb” of PMA Capital Insurance Company (PMACIC) under review with negative implications following the announcement that its parent, PMA Capital Corporation …
Attorneys for Mississippi attorney Richard “Dickie” Scruggs asked a federal judge to dismiss criminal contempt charges that he ignored a court order to turn over documents about insurance claims after Hurricane Katrina. Scruggs is accused of violating a federal judge’s …
The Alabama Senate is ready to raise the minimum amount of auto liability insurance that Alabamians must buy. The Senate voted 33-0 on Jan. 7 for a bill that would increase the limits for the first time since 1983. “This …
Phoenix-based MiniCo Inc. reported it signed an agreement with Boulder, Colo.-based International Catastrophe Insurance Managers LLC (ICAT), to begin offering property and wind coverage for coastal locations in Florida, Georgia, Alabama, North Carolina, South Carolina, Louisiana, Delaware, New Hampshire and …
Berkshire Hathaway, Swiss Re Berkshire Hathaway has acquired a 3 percent stake in Swiss Re. Swiss Re has also entered into a reinsurance contract with Berkshire Hathaway which will give it a share of Swiss Re’s property/casualty business. Swiss Re …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Collector Vehicles Nuts & Bolts: Markel American Insurance Co. has introduced a collector vehicle insurance …
