ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, has expanded its suite of environmental liability insurance products to cover the exposures of U.S. multinational organizations with global locations. This coverage, available for ACE USA’s environmental …
Quaker Special Risk of Eatontown, New Jersey launched of a new homeowners policy coverage enhancement. The “Protecting Your Family” option provides medical expense, miscellaneous expense and reward payment reimbursement related to incidents of home invasion, stalking or car jacking. The …
Dallas-based GAINSCO, Inc. and its insurance subsidiary MGA Insurance Co. Inc. have agreed to sell their affiliate General Agents Insurance Co. of America, Inc. to Montpelier Re U.S. Holdings Ltd. for $4.75 million. The company said it expects to record …
The Surplus Line Association of California is reporting that premiums in the Golden State are trending down. According to the group, “premiums processed in the first three months of 2007 decreased by 11.75 percent. The total number of policies processed …
An insurer of a so-called “follow form” excess policy is not bound by the decision of a primary insurer to settle a claim, the Massachusetts Supreme Judicial Court has ruled. The state’s highest court ruled that an excess insurer is …
Southwest Marine and General Insurance Co., an affiliate of NYMAGIC, Inc., said it has been approved by the Excess Lines Association of New York (ELANY) to write surplus lines business in the state of New York. Another NYMAGIC subsidiary, New …
Dallas-based Heartland Marketing Group announced it has named Jim Bishop as president. He will be responsible for Heartland’s wholesale and E&S insurance operations. Bishop joins the operation from The Hartford where he was most recently the select manager for their …
Catlin Group Limited has established an Equine Underwriting Unit in Lexington, Kentucky. The Lexington office will be staffed by a four-member equine underwriting team, headed by Sheila Gott. Gott has 36 years of experience in the equine insurance industry, most …
Tri-City Brokerage, a division of BISYS Commercial Insurance Services Inc., announced the launch of its environmental insurance practice, Tri-City Environmental. This new division will focus on providing risk solutions to address liabilities associated with the discovery and cleanup of known …
Lanier Upshaw has created a practice group tailored to meet the private insurance needs of high net worth clientèle throughout Florida. The group, named Private Risk Management, will insure high value items such as primary and secondary residences; vehicles including …
