Max Specialty, Guaranty Casualty Max Specialty Insurance Co., of Richmond, Virginia, the U.S. excess and surplus lines unit of Max Capital Group Ltd., reports it has acquired Commercial Guaranty Casualty Insurance Co., an insurance entity licensed to write business in …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of the New York-based AmTrust Group. The ratings also “apply to AmTrust International Insurance, Ltd. (AII) (Bermuda), Technology Insurance Company, …
Max Specialty Insurance Co., of Richmond, Virginia, the U.S. excess and surplus lines unit of Max Capital Group Ltd., reports it has acquired Commercial Guaranty Casualty Insurance Co., an insurance entity licensed to write business in all 50 states plus …
A bill to punish builders that avoid worker’s compensation fees and other costs by wrongly classifying workers as independent contractors was amended on the Pennsylvania House floor on Tuesday. The legislation aims to address supposed abuses in the construction industry. …
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. Energy Risks Market Detail: MarketScout has a team dedicated to energy accounts. They have the …
Representatives from the Federal Emergency Management Agency are touring the Delaware coast to evaluate damage from recent flooding. There is no timetable for a possible disaster designation. According to representatives of Delaware’s Emergency Management Agency, 100 homes would have had …
Legislation pending in the Delaware state Senate addresses the shortage of doctors at the Veterans Affairs Medical Center in Elsmere. The bill would let retired doctors practice again and keep their malpractice insurance coverage intact. Under current law, retired doctors …
A tornado that leveled half a town in northeast Iowa and killed seven people was the strongest to hit the state in 32 years, the National Weather Service said on May 27. The twister, three-quarters of a mile wide with …
A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘B ‘(Fair) and the issuer credit ratings (ICR) of “bb” of the Republic Western Insurance Group, which consists of Republic Western Insurance Company of Phoenix, Ariz., and its wholly …
Narragansett Bay Insurance Co. has added Drew J. Magee as director of underwriting. With 25 years of experience in the insurance industry, Magee has worked as the chief operating officer and underwriting officer of The Church Insurance Co. of Vermont …
