Delaware News

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Harleysville Insurance of Pennsylvania has named Jonathan Young senior vice president and chief claims officer. Young will oversee all claims activities for the Harleysville organization, which includes oversight of the company’s home office central claims unit and its four regional …

The Hartford Refunds $150,000 over Delaware AARP Auto Program

Delaware Insurance Commissioner Karen Weldin Stewart said The Hartford has agreed to refund over $150,000 to nearly 1,300 auto insurance customers due to the mishandling of the company’s rate filing for its AARP auto insurance program in the state. The …

Best Affirms Everest Re’s ‘A+’ Ratings; Stable Outlook

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of the Bermuda-based Everest Re Group, Ltd.’s reinsurance and insurance subsidiaries. Best also affirmed the ICR of “a-” of Everest …

Ratings Recap: AXA Art, National Interstate, ProMutual, Clearwater

A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a+” of AXA Art Insurance Corporation, which is based in New York City. The outlook for both ratings is stable. “The ratings reflect …

Universal Insurance Holdings To Purchase ICAT Specialty Insurance

Universal Insurance Holdings of North America and ICAT Holdings LLC of Boulder, Colo., have received regulatory approval that completes Universal North America’s purchase of ICAT Specialty Insurance Co. (ISIC). Under the terms of the agreement, Universal North America will acquire …

Ratings: US Liability, Commercial Casualty, Stonetrust, Continental American, Prime Group, American Agri

A.M. Best Co. has affirmed the financial strength rating of ‘A++’ (Superior) and issuer credit rating of “aa+” of United States Liability Insurance Group and its members. The outlook for all of the ratings is stable. The ratings reflect US …

It Figures

$9 Million Minimum value of settlements that the Catholic Diocese of Wilmington, Delaware estimates it will have to pay to over child sexual abuse cases. The diocese says it may have to sell assets to pay them, although they won’t …

Declarations

The Road Less Downloaded “New Yorkers not only benefit from a… discount in a state with one of the steepest insurance rates in the U.S., but they can do so with ease and comfort simply by logging on from their …

My New Markets

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. Staffing Firms Market Detail: World Wide Specialty Programs was founded 40 years ago to provide …

California Receives Highest Marks For Traffic Safety Laws

California was the only state in the nation to receive consistently top marks across the board on a recent ranking of traffic safety laws conducted by the Insurance Institute for Highway Safety (IIHS). The study examined the strength of traffic …