Delaware News

First Bank of Mo. Acquires Adrian N. Baker & Co.

First Bank, a Mo. state chartered bank and wholly owned subsidiary of First Banks, Inc. headquartered in St. Louis, Mo., and Adrian N. Baker & Company, a Del.corporation, jointly announced the signing of a Stock Purchase Agreement on March 30, …

Delaware Senate Reaches Credit Scoring Compromise

The Delaware Senate has voted for compromise legislation that will allow insurers to continue to consider credit history information in the underwriting process. Insurance Commissioner Matthew Denn’s original bill had proposed banning insurers’ use of credit scoring in personal lines …

Okla. Among ‘Moderate States’ When it Comes to Lawsuit Liability

Oklahoma’s civil justice system ranks No. 33 among states in a national survey of lawyers representing insurance companies and public corporations and was judged better than some nearby states that have restricted the size of lawsuit damage awards. The 2006 …

New Markets

Homeowners – TexasNuts & Bolts: Arrowhead General Insurance Agency Inc., based in San Diego, Calif., is rolling out a new homeowners program in Texas. Coverage highlights in-clude: Specified additional amount of insurance–Coverage A–allows up to 25 percent additional coverage in …

Homeowners – Texas

New Markets Nuts & Bolts: Arrowhead General Insurance Agency Inc., based in San Diego, Calif., is rolling out a new homeowners program in Texas. Coverage highlights in-clude: Specified additional amount of insurance-Coverage A-allows up to 25 percent additional coverage in …

People and Places

Bermuda-based United America Indemnity Ltd. has appointed Robert Cohen president and CEO of its subsidiary, Penn Independent Corporation. Cohen has been acting president and CEO since November 2005. From 1992, he was a senior vice president for United National Group. …

Regulator’s View

The District’s two legislative proposals may serve a public benefit, but neither will reduce premiums for physicians Rather, any medical malpractice reform must have restrictions on non-economic damages and limits on attorney fees. Since St. Paul Travelers, one of the …

People and Places

Lockton Companies, Inc., the Kansas City, Mo.-based privately owned insurance broker, has opened a New York retail office, vowing to target complex middle-market clients and take a focused approach towards the Fortune 1000 and selected industries. Since the first of …

People

Lockton Companies, Inc., the Kansas City, Mo.-based privately owned insurance broker, has opened a New York retail office, vowing to target complex middle-market clients and take a focused approach towards the Fortune 1000 and selected industries. Since the first of …

New Markets

Commercial risks catastrophe cover Nuts & Bolts: International Catastrophe Insurance Managers and National Fire and Marine Insurance Company have launched a new catastrophic coverage product for commercial special risks. The product features earthquake policies for businesses with unique underwriting requirements …