Manhasset, New York-based NIF Property Solutions, a division of NIF Group, Inc., said it will act as the exclusive underwriter of a new product for property risks in 14 East and Gulf Coast states. The product is being offered in …
A.M. Best Co. has placed the financial strength rating (FSR) of ‘B++’ (Good) and issuer credit rating (ICR) of “bbb” of Response Insurance Group and its following members under review with positive implications: Response Insurance Company, Connecticut Life & Casualty …
Independent insurance agencies affected by hurricanes and other catastrophes have access to a special loan program provided by InsurBanc, the bank founded by agents for agents. InsurBanc is offering special short-term loans for expenses related to floods, hurricanes and other …
Taking aim at a longstanding rite of passage for 16-year-olds, an influential auto safety group is calling on states to raise the age for getting a driver’s license to 17 or even 18. Adrian Lund, president of the Insurance Institute …
Cargo theft accounts for up to $25 billion in direct merchandise losses each year, according to the National Cargo Security Council. With more than 675,000 registered interstate motor carriers moving 65 percent of the freight in the United States, the …
Connecticut is cleaning up after Tropical Storm Hanna blew quickly through the state. Less than 9,000 customers of Connecticut Light and Power were without power Sunday morning. United Illuminating says only a few dozen customers didn’t have power. Hanna dumped …
PIA Management Services Inc. has promoted Matthew F. Guilbault to director of government and industry affairs. He will have the primary responsibility for all government relations and insurance industry liaison programs for the four-state Professional Insurance Agents associations in Connecticut, …
The Connecticut Supreme Court has declined to rule on a Florida company’s efforts to block state Attorney General Richard Blumenthal from disclosing information he obtained while investigating the insurance industry. The lawsuit by Brown & Brown Insurance Inc., which is …
Officials in Milford, Connecticut say a 29-year-old man has been hospitalized for traumatic injuries after he was pinned under a 1,000-pound freight elevator. Firefighters were called to the Optical Polymers International building on West Main Street last week to help …
Unitrin, Inc. reported today that its subsidiary, Trinity Universal Insurance Co. is buying Direct Response Corp. and its subsidiaries. Trinity will acquire Direct Response in a cash transaction valued at approximately $220 million, subject to certain purchase price adjustments. The …
