Hospitality Program Nuts & Bolts: Underwriters at PLIS are offering The Hospitality program, written on Lloyd’s paper covering named perils ranging from Aeromonas hydrophila to Yersinia enterocolotica. The policy has the benefit of: a “trade name trigger;” up to 25 …
Washington Insurance Commissioner Mike Kreidler has ordered a national glass company to stop offering rebates to consumers who have their damaged vehicle windshields replaced by the company because the rebates violate state insurance laws. The Office of the Insurance Commissioner …
Oklahoma Gov. Brad Henry said Feb. 19 the state has asked for federal public assistance for 20 more Oklahoma counties that were battered by winter storms last month. “The ice and snow storms caused serious hardships for countless Oklahomans,” Henry …
Uninsured adults could find themselves on a waiting list if the demand for a proposed program to expand government-subsidized health coverage outstrips the state’s ability to pay for it, a Rendell administration official said. Rosemarie B. Greco, director of the …
Delaware Insurance Commissioner Matthew Denn has conditionally approved a management buyout of Royal & Sun Alliance Insurance Group’s U.S. operations, even while chastising the company’s British parent for its practices. Denn ruled that there is essentially no legal or financial …
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 Tuesday to say there’s …
Large Florida-based insurance broker Brown & Brown, Inc. announced record earnings for 2006, with net income rising to $172,350,000, or $1.22 per share, an increase of 14.5 percent over the $150,551,000, or $1.08 per share, earned in 2005. Total revenues …
A state hearing officer recommended that Delaware’s insurance commissioner approve the proposed management buyout and eventual dissolution of Royal & Sun Alliance Insurance Group’s U.S. operations. Insurance Commissioner Matt Denn is expected to make a decision soon. Royal & Sun …
Common thread “The common threat that brought us together is terrorism. That was our springboard.” Jonathan Edmondson, operations manager of the British Red Cross, at a meeting in New York of government and American Red Cross disaster experts from New …
D&O for Small Public Cos. Nuts & Bolts: The Chubb Group of Insurance Companies has introduced specialized directors and officers (D&O) liability insurance for publicly traded companies with market capitalizations of $100 million or less. These “micro-cap” coverage enhancements can …
