August 24, 2009
The families of three Camden boys who died in the trunk of a parked car four years ago have reached a settlement with its manufacturer. But separate civil lawsuits filed against Camden, its police department, officers who conducted the search …
August 21, 2009
Australia’s Macquarie Group Ltd. is in talks to acquire Fox-Pitt Kelton Cochran Caronia Waller, a small investment bank owned by its management and private equity firm J.C. Flowers & Co LLC, a person familiar with the matter said Thursday. Macquarie …
August 17, 2009
Delaware Insurance Agents & Brokers hosted a golf tournament at its 52nd annual convention in Rehoboth Beach, Del., June 9-11. Enjoying the event are (L to R) Mike Bucco, Anthony DiMarzo and Seth Costello at Kings Creek Country Club.
August 11, 2009
Delaware-based Rockwood Programs has announced enhancements to its “Rockwood Defender” MGA/Program Administrator E&O Program. Rockwood is now offering limits of up to $15 million, and enhancements such as a Defense Outside endorsement and flexibility to provide terms to large wholesale …
August 5, 2009
The Ohio Insurance Institute (OII) recently reported that premiums for homeowners and auto insurance in that state remain lower than the U.S. average. On its Web site, www.ohioinsurance.org, the OII released the following information regarding Ohio’s auto and homeowners insurance …
August 4, 2009
Delaware Insurance Commissioner Karen Weldin Stewart says the state is working to attract new insurance carriers. Stewart made the announcement Thursday while discussing new sources of revenue the commission is pursuing. She says captive insurance companies are another possible source …
August 3, 2009
Top 20 Banks in Insurance Brokerage Fee Income (2008/Nationally) Rank 2008 Insurance Brokerage Fee Income Bank Name City, State Web site 1 $860.34 million Branch Banking and Trust Co. Winston Salem, N.C. www.bbt.com 2 $860.00 million Citibank, National Association Las …
August 3, 2009
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Vacant Property Market Detail: American Management Corp. offers property protection to owners of residential and …
August 3, 2009
Top 20 Bank Holding Companies in Insurance Brokerage Fee Income (2008/Nationally) Rank 2008 Insurance Brokerage Fee Income Bank Holding Company Name City, State 1 $1.60 billion Wells Fargo & Co. San Francisco, Calif. 2 $1.21 billion Citigroup Inc. New York, …
August 3, 2009
A trade group for insurance companies says Delaware lawmakers will have a “full plate” of legislative insurance issues when they reconvene next year. Among the big issues, according to the Property Casualty Insurers Association of America (PCI): affiliate transfers, consumer …