North Carolina and Florida have joined the ranks of states where workers’ compensation costs are falling. North Carolina Insurance Commissioner Jim Long approved a North Carolina Rate Bureau filing for a 4.4 percent decrease in the voluntary market and a …
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. Employer Stop Loss Market Detail: Markel Insurance Co. provides customized stop loss solutions for sponsors …
A national consumer group says state insurance departments vary in the quality of the information they provide consumers online, with only six states doing an excellent job. State insurance department websites in 6 states were found to be “excellent” in …
A Delaware judge has approved a settlement in a shareholder lawsuit brought against database provider InfoGroup Inc. over abusive personal spending by founder Vinod Gupta. The settlement approved by Chancellor William Chandler III calls for Gupta to reimburse $9 million …
Max Specialty Insurance Co. said it has been approved as an eligible surplus lines insurer in New Hampshire. The Richmond, Virginia-based insurer is now an eligible surplus lines insurer in 49 states. “The addition of New Hampshire gives Max Specialty …
Democrat Karen Weldin Stewart rolled to victory in the race to be Delaware’s next insurance commissioner. She defeated Republican John F. Brady, 56.9 percent to 41 percent in the final tally. The former state insurance department deputy receiver beat Gene …
Voters on Tuesday left their mark on the state political landscape, shifting the partisan control of state government in a dozen states. According to the National Conference of State Legislatures, Democrats gained control of both houses in four state legislatures–Delaware, …
Beverly, Massachusetts-based personal lines insurer Electric Insurance Co., announced several new independent agency appointments in key areas of the country. The agencies that have received new appointments with Electric Insurance are: Affiliated Insurance Service Corp., of Conshocken, Pennsylvania; Novakoff Insurance, …
The Delaware Chancery Court has given preliminary approval to a $115 million settlement in a shareholder derivative action brought by the Teachers’ Retirement System of Louisiana against four former AIG executives and C.V. Starr & Co. Inc. The defendants, including …
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. Eliminate Forced Placed Coverage Market Detail: John-Galt (SafetyNet) introduces a new insurance product eliminating force-placed …
