Delaware News

Mich. Blues Receive Voluntary Effort Award from U.S. Department of Labor

Blue Cross Blue Shield of Michigan recently received an Exemplary Voluntary Efforts Award from the U.S. Department of Labor. Each year, the department presents EVE awards to federal contractors with exceptional equal employment opportunity programs. Blue Cross Blue Shield of …

State National Adds Surplus Lines Company

State National Companies announced the formation of a new affiliate, United Specialty Insurance Company (USIC). The company will exclusively service the surplus lines market. The company began operation in March following admission to the state of Delaware. United Specialty said …

Despite Weather, Donegal Group Reports Solid 1st Quarter

Donegal Group Inc. reported continued positive underwriting results and an increase in net income of 8.5 percent, bringing it to $9.1 million or $.36 per share, for the first quarter. That compared to $8,417,088, or $.34 per share on a …

Poultry Industry Criticizes Federal Avian Flu Planning

The federal government could learn a thing or two from the Delaware- Maryland-Virginia area poultry industry about how to prepare for an outbreak of avian flu, according to the Delmarva industry officials. In a meeting called by U.S. Rep. Michael …

New Markets

Excess Auto LiabilityTITLE: Nuts & Bolts: Freberg Environmental Inc. announced an excess automobile liability program designed to provide excess limits over FEI’s hazardous material and hazardous waste trucking program with Arch Insurance Group. The Arch program provides a maximum limit …

Tort reform remains an issue in South Central states

Despite having passed tort reforms in 2003, Texas has one of the worst legal climates in the country according to a study released by the U.S. Chamber Institute for Legal Reform (ILR). The state ranked number 43 in the 2006 …

Arm-Twisting Revives Delaware Medical Malpractice Affidavit Bill

A bill raising the legal hurdle for medical malpractice plaintiffs was clinically dead after a House committee vote last Wednesday, but was quickly revived with some arm-twisting by the House majority leader. After a hearing pitting representatives of the medical …

Weiss: Hurricanes Batter P/C Insurers with a $4.2B Underwriting Loss in 2005

Last year’s devastating hurricane season produced a $4.2 billion underwriting loss in 2005 for property/casualty insurers. According to Weiss Ratings Inc., the loss erased the record underwriting profit of $6.4 billion reported by the industry in 2004. Property and casualty …

Southeast states lagging in legal system fairness rankings by Chamber of Commerce

Southeast states didn’t fare well in the latest U.S. Chamber of Commerce ranking of states’ civil justice systems. North Carolina came in as number 10 in the top 10 favorites; while West Virginia was at the bottom of the list. …

New Markets

Excess Auto Liability Nuts & Bolts: Freberg Environmental Inc. has announced an excess automobile liability program. The program is designed to provide excess limits more than FEI’s hazardous material and hazardous waste trucking program with Arch Insurance Group. The Arch …