Coastal Property – Texas Nuts & Bolts: Western Security Surplus has increased capacity to write coastal property coverage in Texas, including wind and hail, Tier 1 and 2 counties. The property coverage is offered via a non-admitted “A” rated market …
Monoline Auto Classes, Small Commercial Businesses Nuts & Bolts: Zurich’s small business agents now have more than 500 monoline auto classes to sell. The company announced it has opened 257 existing America Premier classes for monoline auto and added 238 …
The Oregon Department of Consumer and Business Services (DCBS) has issued its biennial study on national workers’ compensation premiums, and noted that Alaska has the highest rates of all 50 states and the District of Columbia. In its ranking, Oregon …
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 …
Delaware Insurance Commissioner Matt Denn said he would approve no increase in costs for voluntary market workers compensation rates and a 2.7 percent hike in residual market or assigned risk rates. In so doing, he rejected higher bids by the …
Britt/Paulk has hired two underwriters to join its Carrollton, Georgia office. David Campbell is now underwriting operations manager, while James Swing has been hired as equipment chief underwriting officer. Campbell has 25 years of experience in underwriting, product development and …
Fox Point Programs based in Wilmington, Del., has partnered with underwriters at Lloyds of London to offer errors and omissions insurance for securities brokers-dealers. The coverage provides protection against allegations of wrongful acts committed by the insured as well as …
In addition to its new office in Delaware, niche general insurance agency Britt/Paulk has added another office in Atlanta. Lisa Finch will join the Britt/Paulk team as underwriting manager for builder’s risk and will report to Mike Pilla, chief underwriting …
Delaware Insurance Commissioner Matt Denn has approved insurance rate cuts for State Farm homeowner policies as well as for private passenger auto policies from three AIG companies, from Harleysville Insurance and from Westfield Insurance. The approved rate cuts include: State …
Greg Thompson, president and chief executive officer of Thomco, is the new president of the Target Markets Program Administrators Association, a national organization serving program managers. Thomco, headquartered in metro-Atlanta, was established in 1977 and has been an MGA focused …
