A strong undersea earthquake south of the Kuril Islands off Japan’s northwest coast, which measured up to 8.1 on the Richter Scale, failed to produce any significant tsunami’s Following the quake, warnings went out across the Pacific, from the Japan …
San Antonio, Texas-base Argonaut Group’s Select Markets segment launched a new program for the retail furniture store marketplace. Highlights of the Retail Furniture Store Insurance Program include property coverage with optional deductible levels and Business Income coverage valued at Actual …
The U.S. Small Business Administration said Tuesday that it has approved more than $5.4 million in disaster loans in the wake of the Oct. 15 earthquake off the Big Island, Hawaii. The loans were made to homeowners, renters and businesses …
Richfield, Ohio-based National Interstate Corp. recently announced that its principal insurance subsidiary National Interstate Insurance Co. has added a commercial vehicle product to its offering. The new product line, initially launched in Ohio, is designed to insure vehicles used by …
National Interstate Corporation today reported net income for the third quarter ended Sept. 30, 2006 of $6.5 million ($0.34 per share diluted), compared to $8.2 million ($0.43 per share diluted) for the third quarter of 2005. The 20.7 percent decrease …
New Construction, Remodelers, Owner/Developers Nuts & Bolts: Network E&S Insurance Brokers, LLC has a new limited access program for Builder’s Risk/Contractors Equipment Program for both residential and commercial structures without size limitations. Frame and concrete structures are acceptable. No new …
High Value Homeowners Program Nuts & Bolts: Crawley Warren Insurance Services Inc. announced its new customized High Value Homeowners Program (HVH) for high net worth clients in California. This non-admitted product is designed for dwellings over $750,000, but is available …
New Construction, Remodelers, Owner/Developers Nuts & Bolts: Network E&S Insurance Brokers LLC has a new limited access Builder’s Risk/Contractors Equipment Program for both residential and commercial. Residential and commercial structures with no size limitations; frame and concrete structures are acceptable. …
The Hawaii Insurance Division has issued a memo to all motor vehicle insurance insurers authorized in the state that discriminatory practices are prohibited, including those that award discounts. According to Commissioner J.P. Schmidt, “No insurer shall base any standard or …
Estimated damages from the two earthquakes that struck Hawaii on Oct. 15 have been rising. Yet the recent disaster has not spurred homeowners and businesses to purchase earthquake coverage, according the state’s Insurance Commissioner. Two damaging earthquakes struck the northwest …
