Idaho News

My New Markets

Earthquake Nuts and Bolts: Wholesale Connection Insurance Services, located in Woodland Hills, Calif., added a new carrier to its list of Earthquake markets in California. Dollars: Capacity in zones A, B and E is $2,500,000 for primary and $5 million …

My New Markets

Outdoor Recreation and Hospitality Nuts & Bolts: The Great Outdoors Insurance Program written by Gillingham & Associates provides comprehensive coverage for Outdoor Recreation and Hospitality industries. Classes: guest ranches, guides & outfitters, resorts, hunting & fishing lodges, RV parks & …

My New Markets

Mortgage Company E&O/Fidelity Bond Nuts & Bolts: SUA Inc. has insurance packages for the mortgage industry covering both mortgage brokers and bankers. Coverages include professional liability, fidelity/crime bond, mortgage impairment and employment practices liability. Dollars: $300,000 to $5 million. Carrier: …

New Markets

My New Markets Commercial Auto Nuts & Bolts: Arrowhead General Insurance Agency Inc. has a commercial auto liability and physical damage coverage program for the standard market. Extra heavy vehicles are accepted, and “Sym 1” is available on fleets of …

Aspen Net Q1 Income up 97% to $121.9 Million; Conference Call Today

Bermuda’s Aspen Insurance Holdings Limited reported that its net income for the first quarter rose by 97 percent to $121.9 million versus $61.8 million for the same quarter in 2006. Other earnings highlights noted by the Company include the following: …

Kan. Issues Alert on Medicare Phone Scam

Kan. Insurance Commissioner Sandy Praeger is urging Medicare beneficiaries and their families to be aware of a new Medicare phone scam. The caller claims to be a Medicare representative from your area Medicare Office. They report that all Medicare Beneficiaries …

United Heritage Acquires N.C.’s Alliance Mutual Insurance

Alliance Mutual Insurance Company, headquartered in Greensboro, N.C., and United Heritage Financial Group, Inc., based in Meridian, Idaho, have reached a preliminary agreement under which United Heritage will acquire Alliance. Alliance, founded in 1976, is a provider of property and …

Aspen to Release Q1 Results Today; Conference Call Details

Bermuda-based Aspen Insurance Holdings Limited will release its first quarter 2007 financial results today, May 2, 2007, following the closing of the U.S. markets. The Company will hold a conference call to discuss its financial results on Thursday, May 3, …

Recall: Meat Distributor Blames E. coli Contamination on Slaughterhouse

The company that distributed hamburger patties believed to have sickened at least three children with E. coli bacteria in the Western United States is blaming the contamination on the slaughterhouse that processed the meat. Steve Wood, vice president for Merced, …

XL Posts Record Q1 Net of $549.7 Million; Conference Call Today, Details

Bermuda’s XL Capital Ltd. reported net income available to ordinary shareholders for the quarter ended March 31, 2007 of $549.7 million, or $3.06 per ordinary share, compared with net income of $458.5 million, or $2.56 per ordinary share, for the …