In what looks uncomfortably like a return to the offshore scams of the late ’80s, several reports of questionable taxicab policies using the names of two well-known carriers have recently surfaced in California. The problem is significant enough that Nationwide …
In specifying, arranging for and renewing insurance policies, it is customary in the industry for agents to use a kind of shorthand. It is also customary for agents to rely upon manuals provided to them by insurers. A case decided …
In what looks uncomfortably like a return to the offshore scams of the late ’80s, several reports of questionable taxicab policies using the names of two well-known carriers have recently surfaced in California. The problem is such that Nationwide Mutual …
Charitable nonprofit organizations will soon have access to a new risk retention group called Alliance of Nonprofits for Insurance Risk Retention Group. The alliance was recently licensed in Vermont and offers charitable nonprofit groups up to $1 million in primary …
InsuranceNoodle recently received its license to sell insurance in Alaska, said Rick Madock, InsuranceNoodle chairman and co-founder. The online insurance e-broker for small businesses is now licensed to provide its products and services in 31 states and the District of …
Donegal Group Inc. has completed the acquisition of Pioneer Insurance Co., which is headquartered in Greenville, New York, from Donegal Mutual Insurance Company effective January 1, 2001. The purchase price will be equal to Pioneer’s adjusted statutory equity at December …
The “BBBpi” FSR on American Safety Casualty Insurance Co. was affirmed by S&P. The company’s extremely strong capitalization and five-year average return on revenue were cited as key factors in the rating. Those factors were offset by limited operating scope …
InsuranceNoodle has added New York to its roster of states in which it is licensed to do business. InsuranceNoodle, an online insurance e-broker for small businesses, is now licensed to provide its products, services, and expertise in 30 states and …
Six insurance commissioner seats were up for grabs during the Nov. 7 election, with only two incumbents seeking reelection. Twelve states elect commissioners rather than appoint them. In Delaware, two-term incumbent Donna Lee Williams defeated Karen Weldin Stewart. Williams has …
Six insurance commissioner seats were up for grabs Nov. 7, with only two incumbents seeking reelection. At press time, all official tabulations were not completed, so the percentage by which some of the winners were elected was not available. In …
