Delaware News

Louisiana DOI Garners Top Consumer Column Award

The Louisiana Department of Insurance reported that Insurance Commissioner Robert Wooley’s weekly question and answer column, “Ask Robert Wooley: Your Commissioner of Insurance,” has received recognition from the Louisiana Press Women’s Association. The first place award for an informational column …

PMA Names Three to Sr. Management Positions

Pennsylvania-based PMA Insurance Group announced that Marie F. Hatam, MD, MBA has joined PMA as Vice President and Medical Director; Glenn R. Giveans has been promoted to Assistant Vice President and Assistant Branch Manager – New Jersey, and Nick Bozzi …

Del. Becomes First State to Implement InsureNet’s Vehicle Insurance Verification System

Technology provider InsureNet USA Inc. announced that Delaware has become the first state in the U.S. to adopt the company’s InsureNet System, an accurate vehicle insurance status system. The system, which operates in “real time” providing constantly updated information, “allows …

N.Y. Governor Introduces

New York’s Governor George E. Pataki announced that he has introduced legislation to provide enhanced insurance protections for New York State business owners. The Governor said the legislation would allow for the availability of more meaningful, adequate and flexible coverage …

Alliance Calls New DE Credit Scoring Regulation a ‘Fair Compromise’

The Alliance of American Insurers has issued an announcement indicating that a final Delaware Department of Insurance regulation governing property/casualty insurers’ use of credit-based insurance scores that will go into effect June 1 is “fair to both consumers and insurers …

BOP

Nuts & Bolts: Superior Access is now offering a new BOP (Office Package Program) through a carrier with an AM Best Rating of “A+ XV”. Will entertain new ventures with a minimum of three years experience in their field. Agents …

Pa. Hospital Assoc. Issues Statement on Physician Protests

The Hospital & Healthsystem Association of Pennsylvania (HAP) has issued a statement by president and CEO Carolyn Scanlan in anticipation of this week’s “Code Blue” physician protests, expressing support for the action, but assuring PA residents that its members would …

VFS Insurance Group’s Reach Expands Across the U.S.

VFS Insurance Group, the insurance division of the Volvo Group, has added eight states and the District of Columbia to the list of states in which it is licensed to sell insurance, bringing the total to 22 plus D.C. Over …

NAII Seeks Changes to Proposed Insurance Scoring Regulations in Delaware

The National Association of Independent Insurers announced that representatives had appeared at a public hearing held yesterday in Delaware to ensure that the effectiveness of credit-based insurance scoring was not compromised by restrictions in a proposed regulation on the use …

Program Administrators Target Specialized Risks

In today’s hard market, the value that a Program Administrator (PA) adds to the insurance transaction becomes especially clear. For the retail agent, they are a resource to be used in the placement of specialized or unique risks. Insurance carriers …