Delaware News

Virginia Advances Criminal Penalties for Owners of Dangerous Dogs

A Virginia House committee this week advanced a bill that would impose criminal penalties on dog owwners whose pets injure a person. The bill, sponsored by Del. Robert D. Orrock Sr., is similar to a bill unanimously passed by the …

PCI Hosts Del. Legislative Conference to Showcase Industry Issues

Three dozen insurance industry representatives walked Delaware’s Legislative Hall of the state capitol last week to meet with state legislators and discuss pending bills on the use of credit history, workers’ compensation reform, and cancellation and non-renewal of homeowners insurance. …

Virginia’s Safety Bills Cover Seat Belts, Cell Phones, Red Light Cameras

Building and paying for highways is the top issue of the 2006 General Assembly, but legislators also are considering a raft of measures dealing with motorists’ behavior on the blacktop. Many of the traffic safety issues are familiar: toughening the …

Anchor, Not Ship Owner, Found At Fault in Delaware River Spill

The Coast Guard has concluded that a lost anchor in the Delaware River was the main cause of a November 2004 oil spill now ranked among the worst in the mid-Atlantic region. Investigators have cleared the shipper and pilots of …

From New England to Virginia, courts and juries made insurance headlines

Up and down the East coast, much of the most interesting local insurance news in 2005 took place in the courts of law and not in the court of public opinion. A New Jersey Supreme Court ruling allowing people who …

News Currents

From New England to Virginia, courts and juries made insurance headlines Up and down the East coast, much of the most interesting local insurance news in 2005 took place in the courts of law and not in the court of …

As Rates Rise, Delaware Solicits Changes to Workers’ Comp Classes

Delaware Insurance Commissioner Matt Denn has asked Delaware businesses to submit requests for classification changes under the workers’ compensation insurance system if they believe that changes would make more sense and save them money. Under the existing workers compensation insurance …

Best Affirms FSR for Clarendon Group

A.M. Best Co. has assigned a financial strength rating (FSR) of A- (Excellent) and issuer credit ratings (ICR) of “a-” to the newly formed Praetorian Financial Group (Praetorian) (Wilmington, Del.) and its property/casualty members. Concurrently, A.M. Best has affirmed the …

Full Plate of Insurance Issues Awaits Del. Legislative Agenda

The Delaware General Assembly will have a full plate of insurance issues on its agenda when it reconvenes on Jan. 10, according to Richard Stokes, regional manager for the Property Casualty Insurers Association of America (PCI). In 2006 state lawmakers …

Targets Markets Program Administrators Studying Program Business

The Target Markets Program Administrators Association based in Wilmington, Del., will be conducting a study to determine the current size of the U.S. Program Business marketplace. Conducted by Benfield Inc., the TMPAA study will collect information regarding the total number …