October 29, 2008
A.M. Best Co. has upgraded the financial strength ratings (FSR) to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit ratings (ICR) to “a” from “a-” of the Delaware-based Darwin Group and its members. Best also removed the ratings from under …
October 27, 2008
AIG has named Anthony J. DeSantis as president and CEO of its Personal Auto Group. The Personal Auto Group includes aigdirect.com, the direct personal lines automobile insurance operations of American International Group, Inc. (AIG), AIG Agency Auto, which provides personal …
October 23, 2008
Companies of all sizes are vulnerable to potentially devastating management, employment and fiduciary liability lawsuits. Even claims filed without merit can result in defense expenses that are financially draining. Private Accord, a new packaged liability policy available through Business Risk …
October 22, 2008
Newtown, PA – ProLawyer Insurance, LLC is pleased to announce its Managing General Agent appointment with ProAssurance Group companies. ProAssurance Group is rated “A-” (Excellent) by A.M. Best and maintains a Financial Size Category of XII ($1B – $1.25B) for …
October 22, 2008
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. The defendants from AIG, …
October 20, 2008
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. Medi-Tourism Professional Liability Market Detail: Arrowhead Wholesale Insurance Services LLC brings to market a professional …
October 17, 2008
Fire investigators say a blaze that caused $250,000 damage at a building in Smyrna, Delaware was intentionally set. The fire was reported about 2 p.m. Sunday at the vacant Smyrna-Clayton Sun Times building in the first block of West Commerce …
October 9, 2008
Marietta, Pennsylvania-based Donegal Group Inc. reported that its net income for the third quarter of 2008 will reflect realized investment losses related to its equity securities and claim activity resulting from Hurricane Ike in Ohio and western Pennsylvania on September …
October 6, 2008
West Virginia is considering suing investment firms at the center of the national financial crisis to recoup millions of dollars in losses to its multibillion-dollar portfolio. Gov. Joe Manchin asked his staff to research possible legal action following a briefing …
October 6, 2008
238 Number of people charged with driving under the influence since July by Delaware’s Office of Highway Safety, which instituted a number of statewide checkpoints this summer. The anti-drunk driving campaign – nicknamed Checkpoint Strikeforce – is scheduled to end …