Pennsylvania Insurance Commissioner Diane Koken announced that Jennifer M. McHugh of Delaware County has been appointed by Governor Edward Rendell as Deputy Insurance Commissioner for the Medical Care Availability and Reduction of Error Fund (Mcare). “Jennifer will spearhead Mcare’s efforts …
A.M. Best Co. announced that it has affirmed the financial strength rating of “A” (Excellent) of the reinsurance subsidiaries of Bermuda-based Platinum Underwriters Holdings, Ltd. It also affirmed the “bbb+” rating of the group’s equity security units issued by Platinum …
The law firm of Kasowitz, Benson, Torres & Friedman LLP announced that the US District Court for the District of Delaware has upheld a $4 million international arbitration award against American Life Insurance Company (ALICO), American International Group’s foreign life …
Nuts & Bolts: Essex Insurance Company, a division of Markel Group, is offering a new market for specialty marine products, especially hard to place risks. Dollars: Deductibles of $1,000. Minimum premium, $500; policy limits, $5 million. Carrier: Essex Insurance Company, …
Nuts & Bolts: Travelers Property Casualty Corp. is offering a new master policy to cover identity theft expenses. Financial institutions or other commercial businesses can purchase this policy on behalf of their account holders or customers, or use as an …
Delaware Insurance Commissioner Donna Lee Williams has announced that she will not seek re-election to a fourth term. Williams has decided to devote more time to her family. A Republican first elected in 1992, Williams is the first woman to …
Nuts & Bolts: Essex Insurance Co., a division of Markel Group, is offering a new market for specialty marine products, especially hard to place risks. Dollars: Deductibles of $1,000. Minimum premium, $500; policy limits, $5 million. Carrier: Essex Insurance Company, …
Nuts & Bolts: Travelers Property Casualty Corp announced the availability of its new master policy to cover identity theft expenses. Financial institutions or other commercial businesses can purchase this policy on behalf of their account holders or customers, or for …
The boards of directors of Harleysville Mutual Insurance Company and Harleysville Group Inc. announced that Michael L. Browne has been elected chief executive officer and president of Harleysville Mutual and chief executive officer of Harleysville Group. The boards also announced …
RewardsPlus, a leading provider of benefits management technology, has named Joel Skyzer as Sales Director for the Mid-Atlantic region. He will be responsible for sales and marketing of the company’s benefit technology to employers and employee benefit brokers in New …
