17.75% The voluntary market rate cut in workers’ compensation ordered by Delaware Insurance Commissioner Matt Denn who also ordered a 22 percent cut for the state’s assigned risk pool. He said these are the largest premium cuts since 1994. With …
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The Property Casualty Insurers Association of America (PCI) elected new officers during its annual meeting in Boston recently. Robert Joyce, chairman and chief executive officer of Westfield Group, was elected as the association’s new chair; John Blackburn, CEO of Country …
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Updated Auto Rates Available On compare.delawareinsurance.gov Delaware consumers can compare sample auto insurance rates from over 50 companies online via the state’s Insurance Commission Web site. They can then contact the companies directly. The auto rate comparison site, www.delawareinsurance.gov, which …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and assigned issuer credit ratings (ICR) of “aa” to the Ancon Insurance and Petroleum Casualty Group. They apply to Vermont-based Ancon Insurance Company, Inc. and its reinsured …
Delaware Insurance Commissioner Matt Denn announced today that he will order an average workers compensation insurance premium cut of 17.75 percent for Delaware employers in the “voluntary” workers compensation market, and a 22 percent cut for businesses purchasing through the …
Claimants and creditors of chemical giant W.R. Grace & Co. filed an alternative proposed Plan of Reorganization on Monday, Nov. 5 in the Delaware Bankruptcy Court that is overseeing the Company’s Chapter 11 proceedings. The Official Committee of Asbestos Personal …
$5 million The amount by which a federal judge in Connecticut has cut the $12 million jury award that found General Electric discriminated against and illegally fired a chief engineer. Fifty-three-year-old Hemant Mody of Avon, Conn., who died in April, …
Monthly Pay Renters Insurance Nuts & Bolts: TCBTI LLC is offering a List Bill Monthly Pay Renters Insurance Program that allows coverage for all residents of an apartment complex on a list bill, monthly pay basis. No credit score underwriting …
