Delaware News

Harleysville Names Young as Chief Claims Officer

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 …

Delaware Diocese Weighs Selling Assets to Pay Abuse Settlements

The Catholic Diocese of Wilmington, Delaware, may have to sell assets to pay for settlements in child sexual abuse cases. Bishop Francis Malooly says settlements will probably exceed $9 million next month. But Diocesan spokesman Robert Krebs says officials won’t …

2007 State Obesity Rates

2007 State Obesity Rates State % Alabama 30.3 Alaska 27.5 Arizona 25.4 Arkansas 28.7 California 22.6 Colorado 18.7 Connecticut 21.2 Delaware 27.4 Washington DC 21.8 Florida 23.6 Georgia 28.2 Hawaii 21.4 Idaho 24.5 Illinois 24.9 Indiana 26.8 Iowa 26.9 Kansas …

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. Livestock Mortality Insurance Market Detail: Chopra Insurance Brokerage Inc. offers an “all risks of mortality” …

Best Affirms AXA (US) ‘A-‘ Ratings

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit rating (ICR) of “a-” of New York-based AXA Insurance Company, both with stable outlooks. Best also affirmed the FSRs of ‘B++’ (Good) and ICRs …

Delaware Senate Committee Rejects Anti-Discrimination Bill

The Delaware state Senate once again has blocked passage of a bill outlawing discrimination based on sexual orientation in Delaware. The bill, which passed the House in March, was the subject of a hearing Wednesday by the Senate executive committee. …

The Carlet Letter? New Jersey Tags New Drivers with Decal

Would you drive any differently if you knew there was a teenager behind the wheel of the car in front of you? You might find out soon. A first-in-the-nation law in New Jersey will require new drivers ages 21 and …

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. Products Liability for Roller Coasters and Rides Market Detail: MarketScout offers agents access to products …

Regulator Sees Mergers Coming in Weakened Life Insurance Sector

U.S. life insurers, weakened by the global financial crisis, are in for mergers and regulators will not shy away from playing matchmaker to deal with weak companies, Eric Dinallo, New York’s insurance superintendent, said Tuesday. Deals could happen in other …

Man Charged with Setting Fires in Delaware Development

A 33-year-old man faces arson charges for allegedly setting fire to two model homes in a new development outside Milton, Delaware State fire marshals arrested Victor Rodriguez of Milton. No one was injured in the fires, which were set early …