February 27, 2007
Ames & Gough, an insurance broker specializing in serving architects, engineers and law firms, has hired Robert G. Hughes as a vice president with responsibility for business in Pennsylvania, New Jersey and Delaware. Hughes will work from West Chester, Pa. …
February 26, 2007
Alarmed that homeowners on Maryland’s coasts may one day be cut off from home insurance, state lawmakers are mulling new rules prohibiting insurers from pulling out of areas they deem risky. But insurers met with lawmakers recently to tell them …
February 26, 2007
Boston-based Risk Specialists Cos. Inc., a member company of American International Group Inc., has appointed David A. Jordan as chief operating officer. Jordan will continue as a senior vice president of Lexington Insurance Co. In this newly-created position at Risk …
February 26, 2007
Trucking Auto Physical Damage Nuts & Bolts: AIX Group Inc., a specialty insurance holding company, has formed a new program to provide automobile physical damage coverage to commercial trucking operations. This program will be targeting operations with above average loss …
February 26, 2007
A group of Kent County, Delaware doctors has decided to form a risk retention group to provide malpractice coverage. According to Insurance Commissioner Matthew Denn, the group is tapping the state’s Medical Malpractice Initiative Pilot Program, which loans $500,000 to …
February 26, 2007
1,600 The number of drivers Massachusetts Attorney General Martha Coakley says purchased car insurance from Liberty Mutual in response to a direct mail ad campaign she says was misleading. The ads promoted lower rates and special discounts not available in …
February 26, 2007
Allied Insurance Brokers, a managing general agency in Marriottsvile, Md. specializing in habitational accounts, has opened an underwriting unit targeting small to medium size apartment and condominium risks. This coverage is written as a Commercial Package Policy with enhancements, including …
February 26, 2007
Banking Engagement Insurance Nuts & Bolts: National Union Fire Insurance Company of Pittsburgh, Pa. (National Union), a member company of American International Group Inc. (AIG), announced the launch of its Investment Banking Engagement Insurance (IBEI) policy, a new type of …
February 26, 2007
The National Association of Insurance Commissioners (NAIC) today announced that the Iowa Division of Insurance will implement State Based Systems (SBS) to serve its regulatory business needs. “We are pleased to be joining the partnership between SBS states and the …
February 26, 2007
Monoline Energy Accounts Nuts & Bolts: MarketScout launched a new exclusive monoline energy workers’ compensation program that accepts most class codes related to the energy industry, including operations “over the hole” and USL&H exposures. Dollars: Statutory and $1 million employers’ …