$105 The current per vehicle assessment charged by the Michigan Catastrophic Claims Association to help pay claims of seriously injured accident victims. Michigan is the only state to offer unlimited lifetime medical benefits for people seriously injured in auto accidents. …
24% of All Muslims in U.S. Have College Degrees; 16% Are High Income Earners While there are an estimated 130 entities selling takaful — cooperative insurance that is true to Shariah tenets of Islamic religious law — in foreign countries …
Juan Andrade and Jonathan Bennett have been named as interim co-leads of the Property and Casualty Operations of The Hartford. Their appointment to those interim positions follows the departure of Neil Wolin, president and chief operating officer of the The …
Automobile fatalities declined in 40 states in 2008, a sign that traffic deaths could dip to their lowest levels in four decades. The Governors Highway Safety Association said that vehicle deaths dropped in 40 states and the District of Columbia …
Burnett Holdings, QBE New Orleans-headquartered insurance wholesaler Burnett Holdings Inc. (Burnett) was acquired by QBE Holdings Inc. (QBE), part of Sydney, Australia-based QBE Insurance Group, effective Dec. 31, 2008. The company will continue to operate under the name of Burnett …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Fire Protection Contractors Market Detail: McNeil & Co. brings agents the FireWatch Program. This is …
The Oklahoma Department of Environmental Quality said it is testing 55 private water wells within a five-mile radius of the northeastern Oklahoma town of Locust Grove to ensure the safety of drinking water in the area. The testing comes after …
An Illinois state lawmaker is proposing that gun owners be required to carry personal liability insurance of at least $1 million. Rep. Kenneth Dunkin’s bill seeks to amend the state’s Firearm Owners Identification Card Act to provides that any person …
Richard G. “Dick” Clarke, senior vice president of J. Smith Lanier & Co. in West Point, Ga., has been elected 2009 president of RiskProNet International, a network of 25 independent insurance brokers in North America. Clarke is a veteran of …
A.M. Best Co. has downgraded the issuer credit ratings (ICR) and senior debt ratings to “b-” from “b” of Kingsway Financial Services Inc. (KFSI) (Mississauga, Ontario) and Kingsway America Inc. (KAI) (Elk Grove Village, IL). In addition, A.M. Best has …
