Delaware News

Property Program for Public Entities

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 …

‘Cheeseburger’ Bills Fill State Lawmakers’ Plates

Nebraska state Sen. Jeanne Combs used to weigh more than 300 lbs., and she hopes that fact will carry some weight in her campaign to prohibit people from suing the fast-food industry for making them fat. Combs, who represents District …

Chubb Offering Travel Accident Policy in 12 More Areas

Following an initial three-state product launch two months ago, the Chubb Group of Insurance Companies is now also offering Signature Passport in Arizona, Colorado, Delaware, the District of Columbia, Maine, Michigan, Minnesota, Ohio, Oklahoma, Rhode Island, Tennessee and West Virginia. …

Med-Mal Writer ProAssurance to Expand Mid-Atlantic Reach with NCRIC Merger

Brimingham,Alabanama-based medcial malpractice insurer ProAssurance Corporation (NYSE: PRA) and NCRIC Group, Inc., our of Washington, D.C., (NASDAQ: NCRI) announced an agreement to merge NCRIC into ProAssurance in a $69.6 million, all-stock transaction which values NCRIC at $10.10 per share based …

Donegal Group Reports ‘Solid’ 2004 Results

Pennsylvania-based Donegal Group Inc.reported that net income for year ended December 31, 2004 reached an historic high for the company. Net income for the year ended December 31, 2004 was $31,614,269, compared to $18,293,976, for the year ended December 31, …

‘Cheeseburger’ Bills Filling Up Lawmakers’ Plates in 17 States

Nebraska state Sen. Jeanne Combs used to weigh more than 300 lbs., and she hopes that fact will carry some weight in her campaign to prohibit people from suing the fast-food industry for making them fat. Combs, who represents District …

DENN RESTRUCTURES DEPARTMENT:

Delaware Insurance Commissioner Matt Denn has outlined plans to reform his office structure in order to focus it on consumer protection. Denn also retracted his predecessor’s request for funding from the state’s general fund. “I will run the Insurance Commissioner’s …

Management and Professional Liability

Nuts & Bolts: Pittsburgh-based National Union Fire Insurance Co. has launched PrivateRisk Protector, a new management and professional liability portfolio of coverages designed to address the broad spectrum of exposures to the financial health of private companies. With PrivateRisk Protector, …

Cyber Risk

Nuts & Bolts: This new program from ISO includes policy contract forms, underwriting rules, loss costs (projections of future claims) and an advisory application supplemented by an advisory underwriting guide. While some cyber risk protection has been available as subcoverage …

Management and Professional Liability

Nuts & Bolts: National Union Fire Ins. Co. of Pittsburgh, Pa., a member company of American International Group Inc., launched “PrivateRisk Protector,” a new management and professional liability portfolio of coverages designed to address the broad spectrum of exposures to …