Delaware News

Specialty Marine Products

Nuts & Bolts: Trafalgar Marine Insurance Services Inc. is offering a new market for specialty marine products, especially hard to place risks. Dollars: Deductibles of $1,000. Minimum premiums of $500. Policy limits of $5 million. Carrier: Essex Insurance Company, a …

People and Places

Alan Ring Insurance Journal announced the promotion of Alan M. Ring to the position of vice president of sales and marketing. Ring joined Wells Publishing, publisher of Insurance Journal Magazine and Insurance Journal Online, in February 2002 as a member …

Reining in Comp’s Transition Costs

One TPA Says It Has the Secret At first glance, Jeffrey McDaniel does not seem disabled. He is built like a football player, and in his mesh green and gold jersey he looks like one too. A pat on the …

Delaware Mulls Dissolving CareFirst Affiliation with Blue Cross

Delaware’s insurance commissioner moved a step closer to dissolving the existing affiliation between CareFirst and Blue Cross Blue Shield of Delaware. Commissioner Donna Lee Williams presided over a hearing to determine whether the Delaware affiliation agreement between the two insurers …

SCPIE Holdings Announces 2003 4thQ, Year-End Results

Los Angeles-based SCPIE Holdings Inc., a provider of healthcare liability insurance, reported results for its fourth quarter and full year ended Dec. 31, 2003. The company also announced that its Board of Directors has suspended the regular quarterly cash dividend, …

Willis Names Court Decisions with Greatest Impact on Management Liability

According to a recent report by New York-based Willis Group Holdings, the following key decisions of 2003 are likely to have the greatest impact on management liability in 2004. Willis predicts that these decisions may have the broadest repercussions. Each …

MONY, AXA MERGER VOTE POSTPONED:

The MONY Group Inc. postponed the shareholder meeting that was to vote on a merger with French insurance company AXA, after a Delaware court decided that the company must explain the deal better to shareholders. The special meeting to vote …

Tort Reformers Look to Score in States after Washington Strikes Out

Last fall at a University of Virginia Law School forum on tort reform, some of the nation’s top tort experts agreed there were no easy answers on how to solve the nation’s longstanding love-hate relationship with torts, but they did …

People and Places

Joe Weckerle Jr. Joe Weckerle Jr. was hired by R.E. Chaix & Associates to replace recently retired senior vice president Steve Wessel. Weckerle joins the Irvine, Calif.-based company after serving as branch manager and partner in ARIS Insurance from 1992 …

Texas Auto Assigned Risk Plan Names New Officers

The Texas Automobile Insurance Plan Association (TAIPA) announced the election of officers for 2004-2005. The Governing Committee elected Jon Smanz, director, shared markets governance for Allstate insurance Company in Northbrook, Ill. as the Association’s chairman. Smanz has been with Allstate …