Republican Presidential Nominee Opposes Idea that Remains Popular with Many Gulf Coast Voters A congressional proposal to create a national “catastrophe fund” to help states recover from natural disasters has put Republican presidential hopeful John McCain at odds with a …
Navigating the Field of Conflicting Views Consider the following scenario: An earthquake, tornado, flood or similar natural catastrophe causes significant structural damage to an insured’s home. Although the building is still standing, the structural engineers conclude that the structural integrity …
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. International Energy Package Market Detail: MarketScout provides a market for clients needing coverage for foreign …
Combined Firm Doubles Employee Benefits Business Willis Group Holdings Chairman and CEO Joe Plumeri holds a reputation for taking on challenges. On June 8 his company gave him one. Willis announced it has agreed to buy Virginia-based rival Hilb Rogal …
Dallas-based Colemont Insurance Brokers has named Michael O’Brien and David Lewison vice presidents for its Hartford, Connecticut office. O’Brien will oversee marketing and production of health care, financial services and professional liability accounts. Before joining Colemont, he was a managing …
Bermuda-based Allied World Assurance Co., Ltd. has agreed to acquire Connecticut-based Darwin Professional Underwriters, Inc. Darwin offers specialty and primary professional lines coverages, which include health care professional liability and niche errors and omissions. Darwin also has a business and …
Trade groups for New York insurers and agents alike are praising a recently passed bill by state lawmakers that will allow auto insurers to raise or lower their rates by 5 percent over the course of a year without first …
The Arbella Insurance Group said it has received regulatory approval to offer commercial insurance policies in New Hampshire and Connecticut, doubling the number of New England states where the Massachusetts-based insurer sells commercial insurance. Arbella will begin selling commercial auto, …
The Cortina Inn in Killington, Vermont, which closed two months ago after being linked to Legionnaires’ disease, has filed for bankruptcy. But a bankruptcy court judge in Connecticut dismissed the inn’s case after learning the hotel had failed to maintain …
Authorities have identified a maintenance worker who died when a freight elevator fell on him in Derby, Connecticut Police say 64-year-old Robert Beckwith of Ansonia was killed in Tuesday morning’s incident at Derby Cellular Products. They say it’s not clear …
