Delaware News

Business Moves

Westfield Insurance, NGM Insurance Co. Westfield Insurance will transfer its personal lines business in Delaware to The Main Street America Group’s NGM Insurance Co., Main Street said. Westfield, which is headquartered in Westfield Center, Ohio, entered Delaware in 2000 through …

Specter of Danger Surrounds Cell Phones in Cars

Earlier this month, lawmakers in Maine and Delaware said they would consider restrictions on drivers’ cell phone use, but a national safety group says that the only sufficient limit to guarantee safety is a complete ban on the devices for …

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. Mono-line Property for Coastal Exposures Market Detail: CATalyst Property Insurance from Venture Programs gives agents …

Delaware Man Gets $2.9M for Injuries at Home Depot

A jury in Wilmington, Delaware has awarded $2.9 million to a self-employed contractor who was injured at a Home Depot store when a stack of 18 wooden doors fell from a shelf above him. Thirty-two-year-old Ronald Payne was injured in …

Ratings Recap: Agency, MGA, SeaBright

A.M. Best Co. has revised the outlook to positive from stable, upgraded the issuer credit rating to “bbb+” from “bbb” and affirmed the financial strength rating of ‘B++’ (Good) of Agency Insurance Company of Maryland, Inc. (AIC). Best said, “These …

MSO Makes BOP Available in New England

The Mutual Service Office Inc. (MSO) has made its Businessowners program available in New Hampshire and Vermont. This marks the first time Glen Rock, New Jersey-based MSO has offered a product in either state. Designed for main street type businesses, …

Willis HRH Announces New Executive Appointments

Willis HRH, the North American unit of Willis Group Holdings, announced a series of senior leadership appointments that the company says will drive growth and innovation in key areas of its retail brokerage business. With the merger of Willis and …

Ratings Roundup: Syndicate 0780, Munich Re Italy, NIPPONKOA, Exchange, Aerial Re, Colonial, Bay Haven

Standard & Poor’s Ratings Services has revised its outlook on the Lloyd’s Syndicate Assessment (LSA) on Advent Underwriting – Syndicate 0780 to stable from positive. S&P also affirmed the assessment of ‘2’ (high dependency). “The outlook revision reflects the recent …

Maine and Delaware Consider Restricting Drivers’ Cell Phone Use

The states of Maine and Delaware are considering limits on how drivers use cell phones. A Delaware lawmaker is trying again to pass legislation barring the use of handheld cell phones while driving. Rep. Joe Miro says he’s not interested …

Nebraska Could Be Next State for Fire-Safe Cigarette Law

Nebraska has fallen out of the mainstream when it comes to smoking-related laws, but that could change. Thirty-seven states have passed laws requiring that all cigarettes sold in their states be fire-safe. Nebraska is not among them, but the state …