Delaware News

CWI Holdings Issues $20 Million Trust Preferred Securities

CWI Holdings Inc., the parent organization of CompWest Insurance Co., announced the issuance of $20 million of trust preferred securities in a private placement by CWI Holdings 2006 Statutory Trust I, a Delaware statutory trust that is wholly-owned by the …

Pennsylvanians Brace for More Rain, Evacuations

Heavy rains caused flooding throughout eastern and central Pennsylvania, prompting evacuations and resulting in at least one death, as officials braced for the possibility of major inundations along cresting rivers. “We’re seeing flooding all over the eastern and central portions …

Thousands Evacuated After Maryland Storms

The deluge of rain that caused flooding in the nation’s capital and elsewhere in the East forced the evacuation of more than 2,200 people near a rising lake on Wednesday and washed out part of a four-lane highway. At least …

Uninsured Drivers Increasing; Vary by State; Miss. Highest, Maine Lowest

Eastern Insurance, Educators Mutual Complete Stock Deals; Begin Trading

Eastern Insurance Holdings, Inc. of Lancaster, Pennsylvania, has completed its common stock offering, the conversion of Educators Mutual Life Insurance Company, also of Lancaster, to a stock insurance company and the simultaneous acquisition of Educators Mutual and Eastern Holding Company, …

Workplace Bullies May Be Next On Insurers’ Watchlist, Insurance Journal Reports

From the playground to the classroom to the office — bullies can be found in all walks of life, but new anti-harassment legislation in some states could put an end to bullying in the workplace that can be costly for …

Declarations

N.J. pays premium Flood insurance is a particularly salient issue for my home state of New Jersey. Surrounded by the Delaware River to the west and the Hudson River and Atlantic Ocean to the east, New Jersey is especially prone …

Business Moves

HealthNow N.Y., Brokerage Concepts HealthNow New York Inc., parent company of BlueCross BlueShield of Western New York and BlueShield of Northeastern New York, is acquiring the business and operations of and Brokerage Concepts, Inc., a major benefits brokerage and administration …

New Markets

Outdoor Sporting Program Nuts & Bolts: Markel’s Outdoors is a niche program for guide and outfitting professionals, private sporting clubs and hunting/fishing lodges. Marketed through select retail insurance agents, this program is available on a licensed and admitted basis in …

N.J. pays premium

N.J. pays premium Flood insurance is a particularly salient issue for my home state of New Jersey. Surrounded by the Delaware River to the west and the Hudson River and Atlantic Ocean to the east, New Jersey is especially prone …