Atlantic Specialty Lines of Pennsylvania, LLC, a subsidiary of Atlantic Specialty Lines, Inc. has acquired the business assets of ESL, Inc., effective May 1, 2008. ESL, which was a wholly-owned subsidiary of Penn National Insurance, operated as a wholesale insurance …
The U.S. property/casualty industry’s first standardized program for insuring small, privately owned watercraft is undergoing a comprehensive revision. Wheaton, Ill.-based the American Association of Insurance Services (AAIS) recently announced it is initiating a countrywide filing of revised policy forms, manual …
Californians permanently injured on the job would get an average 16 percent increase in disability payments under new rules proposed by the state Division of Workers’ Compensation. The formula is based on new data that links wage losses to the …
Iowa Mutual Insurance Company and its subsidiary, Iowa American Insurance Company, announced 2007 performance figures during its annual policyholder meeting. The growth in the commercial area helped offset the difficulty encountered with personal lines results, the company statement said. The …
Faced with an unfriendly Congress, the Bush administration has found another, quieter way to make it more difficult for consumers to sue businesses over faulty products. It’s rewriting the bureaucratic rulebook. Lawsuit limits have been included in 51 rules proposed …
Itasca, Ill.-based Arthur J. Gallagher & Co. recently announced the acquisition of Specialty Risk, Inc. of Liberty, Mo. Terms of the transaction were not disclosed. Established in 1994, Specialty Risk, Inc. is a retail insurance broker providing risk management and …
Some Iowa cities have earlthquake coverage so it was not that surprising that city leaders in Johnston are considering earthquake insurance in the wake of two tremors this spring in Illinois and Missouri. City Finance Director Theresa Rotschafer says earthquake …
Edina, Minn.-based Western National Insurance Group today announced that Stuart Henderson, J.D., CPCU, president and CEO of Western National Insurance Group, was elected to the Board of Directors of the American Association of Insurance Services (AAIS) as of its annual …
The Illinois Department of Transportation (IDOT) announced recently that it will move its 148-worker traffic safety division to somewhere in southern Ilinois. A state lawmaker says discussion about the decision to move the state’s traffic-safety division has been going on …
Fiserv FSC Insurance Solutions, a business unit of Fiserv, Inc. recently announced real-time rating capabilities for insurance professionals in Illinois, Iowa, Minnesota and Wisconsin. According to the company statement, producers who use MI-Rater now have the capability to access real-time …
