Delaware News

New Markets

Accident Site and Public Response Nuts & Bolts: AIG Specialty Excess, an umbrella and excess casualty underwriting unit of the AIG Companies, announced the addition of Accident Site Advisor and PublicResponse to its excess liability insurance. The built-in enhancements, catering …

Top 10 Stories of the Year – East

From Maine to Virginia, agents and adjusters helped property owners dig out from damaging floods. High waters seemed to hit a new state every week. Meanwhile, these same agents had to worry about whether their income was at stake due …

Allstate: no new risksin Conn., N.J. and Del.

Allstate Insurance Co., continuing its reappraisal of its hurricane loss exposure along the East Coast, has decided to stop writing new property insurance policies in all areas of Connecticut, New Jersey and Delaware. The stoppage applies to the writing of …

New Markets

Accident Site and Public Response Nuts & Bolts: AIG Specialty Excess, an umbrella and excess casualty underwriting unit of the AIG Companies, announced the addition of Accident Site Advisor and PublicResponse to its excess liability insurance. The built-in enhancements, catering …

2006:a big year for P&C buyers and sellers of all shapes and sizes

JANUARY Hallmark Acquires Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark underwrites non-standard personal automobile insurance. American National Bank Acquires Dallas-based Sleeper, Sewell The American National …

Allstate Adds Maryland Coast to Its ‘No New Business’ List

Citing concerns that a warmer Atlantic Ocean will lead to more strong hurricanes hitting the region, Allstate Corp. will stop writing homeowners’ policies in coastal areas of Maryland. Starting in February, the company will no longer offer new property insurance …

Harrison Joins Burns & Wilcox in N.C.

Burns & Wilcox, the Farmington Hills, Mich.-based national specialty insurance wholesaler, underwriter and managing general agent, has announced the addition of Buzz Harrison, who joins the company’s new Greensboro, N.C. office as a broker. Harrison has 30 years of experience …

Minn. Taco John’s CEO Offers to Pay Medical Bills for E. Coli Victims

The head of Taco John’s International offered this week to pay medical bills for customers who got ill from E. coli bacteria at three of the chain’s Mexican restaurants. Some 76 people were sickened after eating at Taco John’s in …

QBE to Acquire Hannover Re’s US Praetorian Subsidiary

Australia’s QBE Insurance Group has agreed to purchase the Praetorian Financial Group (PFG), the US operation of Hannover Rueckversicherung AG (Hannover Re) for US$800 million, subject to regulatory approvals. QBE said the acquisition is complementary to its existing business in …

People and Places

The van Aartrijk Group LLC, a Washington, D.C.-area marketing and communications firm, is augmenting its branding and public affairs capabilities with the promotion of one executive and addition of another, according to Peter van Aartrijk, chief executive officer. Maureen P. …