Hawaii News

Risk retention groups sustaining profitability

Since the implementation of the Liability Risk Retention Act of 1986, a number of risk retention groups (RRGs) have met the requirements to obtain A.M. Best’s Financial Strength Rating (FSR). Since then, RRGs have continued to sustain operating profitability, according …

News Currents

Companies step up to take Texas Select policyholders Some 150,000 Texas homeowners will be affected by the liquidation of Vesta Fire Insurance Co. and its Texas subsidiaries by the Texas Department of Insurance, but the situation seems to be not …

New Markets

Retail Shopping Centers Nuts & Bolts: Argonaut Group Inc.’s Select Markets segment is expanding its line of products and services to include the retail shopping center marketplace. Highlights include specialized benefits such as coordinated policies for comprehensive landlord-tenant liability coverage, …

Idaho, Alaska, Hawaii lead nation for drownings

A lack of fences around backyard pools and lapses in adult supervision are some of the reasons Idaho ranks fourth in the nation in drowning deaths per capita, a medical doctor says. “Almost 80 percent of children who drown, drown …

New Markets

Retail Carts Nuts & Bolts: General liability, including contractual liability, personal injury and advertising injury liability for retail cart vendors operating concessions and exhibits is available from K&K Insurance Group Inc. This program is specifically tailored for concessionaires, exhibitors and …

Hawaii obtains reinsurance to take control of Vesta subsidiary

News Currents Some 150,000 Texas homeowners will be affected by the liquidation of Vesta Fire Insurance Co. and its Texas subsidiaries by the Texas Department of Insurance, but the situation seems to be not as dire as previously thought. The …

New Markets

Bed and Breakfast Nuts & Bolts: Smith, Bell and Thompson and Swiss Re’s Commercial Insurance announce a new program for Bed & Breakfast accounts. The Bed & Breakfast program is designed for the innkeeper industry. Target accounts include bed and …

Risk retention groups sustaining profitability

Since the implementation of the Liability Risk Retention Act of 1986, a number of risk retention groups (RRGs) have met the requirements to obtain A.M. Best’s Financial Strength Rating (FSR). Since then, RRGs have continued to sustain operating profitability, according …

New Markets

Builder’s Risk Program Nuts & Bolts: Praetorian Financial Group, a specialty insurance provider, announced that it has entered into a partnership with Britt Paulk to launch a Builder’s Risk program. Builder’s Risk covers properties while under construction. The partnership will …

New Markets

Retail Shopping Centers Nuts & Bolts: Argonaut Group Inc.’s Select Markets segment is expanding its line of products and services to include the retail shopping center marketplace. Highlights include specialized benefits such as coordinated policies for comprehensive landlord-tenant liability coverage, …