Delaware News

DEL. COURT WEIGHS CAREFIRST:

Health care insurer CareFirst has asked the Delaware Supreme Court to overturn an order that dissolved its affiliation with Blue Cross Blue Shield of Delaware. CareFirst attorney Harding Drane Jr. maintained Insurance Commissioner Donna Lee Williams had no authority to …

Recreational Watercraft

Nuts & Bolts: BVSA Marine Insurance is now offering coverage for recreational watercrafts up to 32 feet. Dollars: Liability limits of $500,000 are available. Deductibles range from 1 to 3 percent with no minimum premiums. Carrier: American Reliable, “A,” admitted. …

Affirmative Acquires Assets of Agencies in Florida, Texas

Addison, Texas-based Affirmative Insurance Holdings Inc. reported it has signed definitive agreements to acquire the assets of two non-standard automobile insurance agency operations. In two separate transactions, Affirmative has agreed to acquire the assets of the retail agency and franchise …

The MIIX Group Notes Bankruptcy Filing

The MIIX Group Inc. announced that it and its subsidiary, New Jersey State Medical Underwriters Inc., each filed a voluntary petition under Chapter 11 of Title 11 of the United States Bankruptcy Code with the United States Bankruptcy Court for …

Delaware Regulators Asking Insurance Agents If They’re Honest

State regulators are asking Delaware insurance agents to fess up if they’ve been engaging in illegal conduct. In the wake of alleged industry abuses in New York, the Delaware Department of Insurance is asking more than 4,000 insurance agents and …

From Maine to Virginia … What Happened in 2004

Leaving aside the insurance brokerage compensation investigations, the World Trade Center trial, the St. Paul-Travelers merger and the UnumProvident settlement, all of which have their roots in this region but grew to become national insurance stories; and bypassing most reform …

DELAWARE QUESTIONS AGENTS:

In the wake of alleged industry abuses uncovered in New York, the Delaware Department of Insurance is asking more than 4,000 insurance agents and brokers whether they have been involved in similar misconduct. The department gave all resident agents and …

Recreational Watercraft

Nuts & Bolts: BVSA Marine Insurance is now offering coverage for recreational watercrafts up to 32 feet. Dollars: Liability limits of $500,000 are available. Deductibles range from 1 to 3 percent with no minimum premiums. Carrier: American Reliable rated “A,” …

People & Places

Donald Woodard The Independent Insurance Agents of Houston installed Donald E. (Woody) Woodard, Jr. as the association’s president for 2004-2005. Woodard began his insurance career in 1973 at Houstoun Stevenson and Cummings, in the casualty department. He co-founded Houstoun Woodard …

People & Places

Ken Nigohosian The American Agents Alliance Board of Governors announced the selection of Ken Nigohosian as the association’s new executive director. He has worked for Safeco Insurance for 25 years. He began his career as Safeco’s personal lines manager in …