A Delaware court this week accepted a settlement from a group of former Hollinger International Inc. directors who agreed to end a shareholder lawsuit by paying Sun-Times Media Group Inc. $50 million. The settlement, first announced in May 2005, will …
Interstate Insurance Management (IIM) and Swiss Re’s Commercial Insurance are expannding their insurance program for the trucking industry into Virginia and Indiana. The program, which has been in operation since 1970, targets all size fleets with distances that range from …
The Delaware Department of Insurance has created a website that will allow consumers to compare auto insurance rates from more than 50 companies that offer auto insurance in Delaware. The site will use more sample customer profiles any other state …
Niche insurance underwriter Britt/Paulk has opened a new office in Selbyville, Del. This new office will focus on underwriting the agency’s Timber Harvesting Program. The company also announced that three underwriters are joining the firm: George M. Pusey, branch manager; …
Newly-elected Democratic governors in Massachusetts, New York and Maryland are expected to name their own insurance commissioners, although the identity of any successors is unknown at this time, according to insurance industry insiders. Industry representatives are optimistic that the new …
Dallas-based Cunningham Lindsey U.S. (CLUS) added Stephen J. Makowski to its staff as director, Marine Services U.S. He will be domiciled at Newark, Del.. Makowski brings over 30 years of marine surveyor and marine liability experience. Makowski will work closely …
Four of six top official recipients from the Midwest Insurance-related contributors to this year’s midterm Congressional races are favoring Republicans 2-to-1 over Democrats while the overall total given by insurance interests appears down from two years ago. According to the …
$17.5 million The total in refunds that Maryland Insurance Commissioner R. Steven Orr ordered Allstate Insurance to send to 20,571 auto policyholders he says were improperly charged. This restitution is in addition to a $100,000 administrative penalty. Allstate had sent …
Maine’s highest court reinstated a lawsuit targeting VIP Inc. over a fatal collision caused by one of its employees. In the 3-2 ruling, the Maine Supreme Judicial Court overturned a judge’s conclusion that the crash occurred outside the scope of …
$17.5 million The total in refunds that Maryland Insurance Commissioner R. Steven Orr ordered Allstate Insurance to send to 20,571 auto policyholders he says were improperly charged. This restitution is in addition to a $100,000 administrative penalty. Allstate had sent …
