Delaware News

Ullico Downgraded

Ullico Inc.’s Wilmington, Del.-based property/casualty subsidiaries, Ulico Insurance Group (UIG), which includes two inter-company pooling members, Ulico Casualty Company (Delaware) and its wholly owned subsidiary, Ulico Indemnity Company (Arkansas), was downgraded to “B” (Fair) from “B++” (Very Good). The stand-alone …

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 …

InsureVianet Expands State Availability for Exec. Liab. Suite

InsureVianet announced it has expanded the number of states for its online Executive Liability Suite by 16 additional states and the District of Columbia, bringing to 38 the total number of states in which the company offers its online small …

Foremost Insurance Co. Won’t Raise Homeowners Rates on Deployed Military

The Grand Rapids, Mich.-based Foremost Insurance Group of companies is modifying underwriting guidelines for current mobile home and non-standard homeowner customers who are being militarily deployed and are leaving an unoccupied home behind. Effective immediately, Foremost mobile home and non-standard …

InsureVianet Rolls Out New Program to an Additional 16 States and District of Columbia

InsureVianet announced today it has expanded the number of states for its online Executive Liability Suite by 16 additional states and the District of Columbia, bringing to 38 the total number of states in which the company offers its online …

Personal Umbrella

Nuts & Bolts: Superior Access expanded its personal umbrella programs with two new carriers, both rated “A” (Excellent) by A.M. Best. Agent commissions are 10 percent on both new and renewal business for both programs. Dollars: Program 1:limits from $500,000-$2M.Underlying …

Superior Access Introduces Two New Personal Umbrella Programs

Irvine, Calif.-based Superior Access Insurance Services Inc. recently announced that they are expanding their personal umbrella programs with two new carriers – both are rated “A (Excellent) ” by A.M. Best. One program offers limits from $500,000 – $2 million …

AUTO INSURANCE, WORKERS’ COMP EMERGE

New state laws concerning workers’ compensation and automobile insurance make up the majority of the property/casualty-related insurance laws enacted by state legislatures last year, according to an analysis of trends in new state insurance legislation published by the National Association …

ACE INA’s Dominic Frederico to Receive 2003 Franklin Award From Philadelphia CPCU Society

The Philadelphia-based members of ACE INA, a part of the ACE Group of Companies, announced that Dominic J. Frederico, chairman of ACE INA Holdings Inc., will be the twenty-first recipient to receive the prestigious Franklin Award from the Philadelphia Chapter …

Auto Insurance, Workers’ Comp Emerge as Leading Issue Trends Among 2002’s New P/C Laws

New state laws concerning workers’ compensation and automobile insurance make up the majority of the property/casualty-related insurance laws enacted by state legislatures last year, according to an analysis of trends in new state insurance legislation published by the National Association …