March 28, 2005
Tower Group, Inc.has completed the acquisition of North American Lumber Insurance Company, an insurance company with active licenses in the nine states which it plans to use to expand. The states are New Jersey, Connecticut, Massachusetts, Rhode Island, Vermont, Maryland, …
March 22, 2005
The House of Delegates gave its preliminary approval this week to a package of bills that tightens rules governing young drivers, in an attempt to cut down the number of grisly teen crashes. “This is not a silver bullet for …
March 21, 2005
If you still had doubts about the need for lawmakers to pass serious legal reform, you should have been convinced by the hurried filing of 85 questionable class action lawsuits in just two neighboring Illinois counties in the single week …
March 21, 2005
Nuts & Bolts: Victor O. Schinnerer and Co. is offering an admitted property policy for all types of public entities. The policy features a specialized property enhancement for public entities, which provides higher limits for various coverages and causes of …
March 21, 2005
Nuts & Bolts: Victor O. Schinnerer and Co. offers an admitted property policy for all types of public entities. It features a specialized property enhancement for public entities, which provides higher limits for various coverages and causes of loss, including …
March 18, 2005
M&T Bank out of Buffalo, N.Y. has changed the name of its commercial property and casualty insurance agency from Matthews, Bartlett & Dedecker, Inc. to M&T Insurance Agency, Inc. The bank said the change has been approved by the New …
March 18, 2005
Delaware Insurance Commissioner Matt Denn has asked the Senate Public Safety Committee to send Senate Bill 20, a bipartisan bill improving the state’s enforcement tools against uninsured drivers, to the full Senate for a vote. The bipartisan bill sponsored by …
March 16, 2005
A Delaware bill that would ban insurers from using credit history to underwrite auto and homeowner policies would raise prices for most insurance consumers, according to the Property Casualty Insurers Association of America (PCI). “Credit history allows insurers to write …
March 16, 2005
Delaware Insurance Commissioner Matt Denn urged the Senate Insurance and Elections Committee to pass Senate Bill 2, which would prohibit the use of credit scoring in auto and homeowners insurance policies in Delaware. Denn told the committee that credit scoring …
March 9, 2005
Edward Levy, president and chief executive officer of Delaware Valley Underwriting Agency Inc. in Hatboro, Pa., announced new management assignments effective immediately. Rita Hanebury assumes responsibility as vice president/manager. Hanebury’s previous title was vice president/assistant manager. She will continue to …