July 6, 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. Fire & Water Restoration Contractors Market Detail: USAssure Insurance Services Inc. offers a fire and …
July 6, 2009
The National Alliance for Insurance Education & Research has named the state award winners who will compete for the national Outstanding Customer Service Representative of the Year for 2009. Each year, a group of exceptional insurance professionals are chosen by …
July 1, 2009
TAPCO Underwriters, Inc., a Burlington, North Carolina-based excess and surplus lines managing general agency, is now offering its services to retail insurance agents in Mississippi. TAPCO is known for its unique service model that allows for coverage to be bound …
July 1, 2009
American International Group, Inc. (AIG) has closed the sale of 21st Century Insurance Group, the wholly owned subsidiaries of AIG’s U.S. personal auto insurance business, to Farmers Group, Inc. (FGI), a subsidiary of Zurich for $1.9 billion. The $1.9 billion …
June 30, 2009
Three men who worked at a DuPont Co. nylon plant in Argentina are suing the chemical manufacturer, claiming that it failed to protect them from asbestos that has left them seriously ill. The plaintiffs claim that DuPont has known of …
June 29, 2009
A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” to CastlePoint Florida Insurance Company with stable outlooks. “CFIC is a newly formed insurance company that received a certificate of authority from …
June 23, 2009
New Jersey-based MSO Inc. (The Mutual Service Office Inc.) is now offering its personal lines programs in Ohio. Personal lines programs include homeowners, mobile homeowners, combination dwelling, inland marine and umbrella liability. The company said the offerings complement the MSO …
June 22, 2009
U.S. states probing employee bonuses paid by American International Group Inc. using taxpayer money plan to join federal investigators in the matter, while leaving open the possibility of pursuing the case themselves. Since March, a 19-state coalition has been investigating …
June 22, 2009
The Wilmington, Delaware City Council is considering a cell phone ban for drivers. The bill introduced Thursday would ban the use of hand-held phones while driving. Councilman Michael Brown believes the issue of safety will outweigh inconvenience. The council is …
June 17, 2009
As American International Group (AIG) continues its restructuring, California Insurance Commissioner Steve Poizner has appointed a special examiner to assist in the monitoring of AIG’s insurance operations. “Hundreds of thousands of Californians have insurance policies with companies owned by AIG,” …