Delaware News

Kronenberg Featured at Target Markets Summit

William Kronenberg III, founder and former CEO of ECS (Environmental Compliance Services), is slated to deliver the keynote address at the national summit meeting sponsored by the Target Markets Program Administrators Association. The meeting is scheduled for October 21 – …

INSURBANC EXPANDING

InsurBanc, the federal savings bank developed by the Independent Insurance Agents & Brokers of America (IIABA) to serve agents and brokers, and their clients, won regulatory approval to expand its operations to 15 additional states—three on a full-service basis and …

INSURBANC EXPANDING

InsurBanc, the federal savings bank developed by the Independent Insurance Agents & Brokers of America (IIABA) to serve agents and brokers, and their clients, won regulatory approval to expand its operations to 15 additional states—three on a full-service basis and …

American Horizon Co. Rating revised to ‘R’

Standard & Poor’s has revised its financial strength rating on American Horizon Insurance Co. to ‘R’ from double-‘Bpi’ after learning that the Cook County, Ill. Circuit Court issued a liquidation order with a finding of insolvency against the company on …

InsurBanc Expands to 15 Additional States

InsurBanc, the federal savings bank developed by the Independent Insurance Agents & Brokers of America (IIABA) to serve agents and brokers as well as their clients, has won regulatory approval to expand its operations to 15 additional states—three on a …

New Market: Condo/Homeowner Assoc., Property Management Firms, Managers

Safe Harbor Surplus has available programs for condo/homeowner associations, property management firms and property managers. Condo coverages are for D&O, EPLI, fidelity, umbrella and workers’ compensation. Coverages for property management are BOP, D&O, EPLI and fidelity. Coverages for property managers …

Condo/Homeowner Assocs., Prop. Manage-ment Firms, Managers

Nuts & Bolts: Safe Harbor Surplus has available programs for condo/homeowner associations, property management firms and property managers. Condo coverages are for D&O, EPLI, fidelity, umbrella and workers’ comp. Coverages for property management are BOP, D&O, EPLI and fidelity. Coverages …

Big “I” Markets Extends Product Offerings

Big “I” Markets, an online market-access program created by the Independent Insurance Agents & Brokers of America (IIABA), is now offering short and long-term event liability insurance that association members in 36 states and the District of Columbia can access. …

Delaware Test Validates Auto Insurance Verification System

A recent test in Delaware has confirmed the viability of a new automobile insurance verification system invented by InsureNet USA Inc. “The InsureNet® system enables authorities to ascertain the actual real-time status of a vehicle’s insurance policy on the spot. …

A.M. Best Downgrades OPL to ‘B++’ (Very Good)

A.M. Best announced that it has downgraded the financial strength rating to B++ (Very Good) from A (Excellent) of Overseas Partners Ltd. (OPL) Bermuda, and removed the company from under review. It indicated that the ratings changes also applied to …