April 9, 2007
Nurses RRG, Florida Nurses Association Sophia Palmer Nurses Risk Retention Group, Inc. will offer malpractice insurance to Florida nurses in partnership with the Florida Nurses Association. The newly formed Risk Retention Group was capitalized by Ponce de Leon LTC RRG, …
April 9, 2007
BOP, Beauty, Nail Salons Nuts & Bolts: Bass Underwriters has a new admitted program for BOPs targeting a varied selection of risks. The program will entertain such businesses as beauty and nail salons, clothing stores, convenience stores, electronic and video …
April 9, 2007
Utica National is giving business owners and agents an edge —aCommercial EDGE, that is. Utica’s new product line and processing system for small- to mid-sized commercial business, Commercial EDGE promises custom-fit insurance protection plus new automation that lets agents rate …
April 9, 2007
Rank 2006 Insurance Brokerage Fee Bank Income Name City, State Web site 1 $973.0 million Citibank N.A. Las Vegas, Nev. www.citibank.com 2 $799.4 million Branch Banking and Trust Co. Winston-Salem, N.C. www.bbt.com 3 $190.1 million FIA Card Services N.A. Wilmington, …
April 9, 2007
Virginia Gov. Timothy M. Kaine has proposed $3 billion in borrowing for transportation projects, one-fifth more than Republican legislators sought, using existing taxes on car insurance premiums to pay off debt. Kaine, a Democrat, also left intact regional transportation provisions …
April 5, 2007
Ohio Attorney General Marc Dann has filed suit against paint manufacturers and chemical companies, including one in Illinois, that he alleges continued to make and sell lead paint knowing it presented health hazards. Dann sued 10 companies including Sherwin-Williams, DuPont …
April 5, 2007
The boards of directors for the Insurance Agents & Brokers of Delaware (IA&B of DE) and the Independent Insurance Agents of Delaware, Inc. (IIAD) have unanimously voted to approve the plan for merger of their associations, the second of three …
April 4, 2007
Maryland insurance agents are applauding the General Assembly for relieving them of liability in the delivery of notices about flood and homeowners insurance. The Senate and House of Delegates unanimously passed companion bills (Senate Bill 790/House Bill 1106) that remove …
April 3, 2007
A Delaware jury has awarded $41 million to a Navy officer who said a Roman Catholic priest sexually abused him hundreds of times as a teen. Jurors awarded Cmdr. Kenneth Whitwell $6 million in compensatory damages and $35 million in …
March 29, 2007
A.M. Best Co. has affirmed the financial strength rating (FSR) of “A-” (Excellent) and the issuer credit rating (ICR) of “a-” of Bermuda’s CastlePoint Reinsurance Company Limited (CPRe). Best also assigned an FSR of “A-” (Excellent) and an ICR of …