Delaware News

At last, World Trade Center rebuilding ready to begin

New York Gov. Eliot Spitzer and Insurance Superintendent Eric R. Dinallo announced that they have negotiated a $2 billion settlement between Silverstein Properties and seven insurance companies covering all outstanding insurance claims arising from the Sept. 11 terrorist attack on …

At last, World Trade Center rebuilding ready to begin

N.Y. Gov. Spitzer brokers $2 billion settlement between Silverstein Properties and seven insurers New York Gov. Eliot Spitzer and Insurance Superintendent Eric R. Dinallo announced that they have negotiated a $2 billion settlement between Silverstein Properties and seven insurance companies …

Personal Lines LEADERS

About the Personal Lines Leaders: The Personal Lines Leaders in this special feature are taken from Insurance Journal’s Top 100 Property Casualty Independent Agencies as reported in April. This list utilizes only the personal lines numbers of agencies that submitted …

Report Claims N.J. Homes at Risk Due to Outdated Flood Maps

Outdated maps that don’t take into account years of development are leaving many northern New Jersey residents and builders unaware of actual flooding risks, experts say. Some of the maps of towns along the Ramapo, Pompton and Pequannock rivers date …

Aetna Buys Schaller Anderson Inc. for $535 Million

Aetna Inc. in Hartfors, Con. has agreed to buy a Phoenix-based company that manages health care for Medicaid plans and administers employers’ self-funded health plans. The Hartford-based insurer announced Thursday that it will buy privately owned Schaller Anderson Inc. for …

Best Affirms XL Ratings; Comments

A.M. Best Co. has affirmed the financial strength rating (FSR) of “A+” (Superior) and the issuer credit ratings (ICR) of “aa-“of Bermuda-based XL Capital Ltd’s operating subsidiaries. Best also affirmed the ICR of “a-” and the existing debt ratings of …

Delaware Offers Prices from 53 Homeowners Insurers Online

Delaware Insurance Commissioner Matt Denn has unveiled an online homeowner insurance tool that compares rates from 50 insurers and complements an auto insurance rate comparison that has been available since November. Denn said consumers will find that “prices among companies …

Titan Acquires Eastwood Insurance

THI Holdings (Delaware) Inc., a Nationwide company, through one of its agency subsidiaries, has acquired Anaheim Hills, Calif.-based Eastwood Insurance Services Inc. The assets of Eastwood totaled $217 million. Financials for the transaction were not disclosed. Eastwood Insurance operates 47 …

Wash. Sets Hearing for Purchase of Unigard Insurers

Washington’s Office of the Insurance Commissioner has scheduled a May 29, 2007, hearing in Tumwater, Wash., to consider an Austrialian group’s request to purchase three Washington-based property and casualty insurance companies. QBE Insurance Group Ltd., an Australian corporation, and its …

Let Ground Zero Rebuilding Begin: Spitzer Brokers Settlement with 7 Insurers

New York Governor Eliot Spitzer and Insurance Superintendent Eric R. Dinallo announced that they have negotiated a $2 billion settlement between Silverstein Properties and seven insurance companies covering all outstanding insurance claims arising from the Sept. 11 terrorist attack on …