February 24, 2008
U.S. Transportation Secretary Mary E. Peters recently sent legislation to Congress that seeks greater flexibility for states to target one of the leading causes of motorcycle deaths across the nation: riding without a helmet. An avid motorcyclist, Peters credits her …
February 24, 2008
Mercator, Tennant Risk Services Mercator Risk Services, a specialty wholesale insurance broker, acquired Tennant Risk Services Insurance Agency LLC, a Hartford, Conn.-based wholesale broker and underwriting manager. Terms of the transaction were not disclosed. Tennant Risk Services specializes in errors …
February 24, 2008
Florida’s largest private insurer, State Farm, has decided to cease writing new policies for homes. The move is not expected to affect most of the company’s 1 million current policyholders. But it will likely place greater pressure on the state-run …
February 24, 2008
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. Karate Sports & Fitness Insurance, a national underwriting facility specializing in sports and fitness facilities, …
February 24, 2008
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. Canine Security Nuts & Bolts: MarketScout is offering coverage for bomb and drug sniffing dogs. …
February 24, 2008
Chartwell Independent Insurance Brokers Chartwell Independent Insurance Brokers LLC, a Los Angeles-based wholesale and specialty insurance broker focusing on high-risk, hard-to-place coverage, has opened a new office in Scottsdale, Ariz., to help meet the growing need among property owners, managers …
February 22, 2008
Allstate Corp. will restore insurance coverage for hundreds of customers and pay $250,000 to resolve disputes over cancellation of south Louisiana homeowner policies after Hurricane Katrina, the company said this week. The Northbrook, Ill.-based company has clashed with state Insurance …
February 22, 2008
Property insurance wasn’t supposed to be the big issue in the 2008 Florida Legislature. To the chagrin of many lawmakers, it just won’t go away. Legislators thought they’d largely taken care of the issue last year when they passed a …
February 22, 2008
Accident Fund Insurance Company of America recently recognized agencies by presenting its 2007 President’s Club Awards. The award is presented each year to a select number of independent insurance agencies that work with Accident Fund. The criteria focuses on outstanding …
February 21, 2008
With the press of a button, a lawyer for the nation’s largest insurance company may have ended a brief truce in its bitter dispute with Mississippi Attorney General Jim Hood. In an e-mail mistakenly sent to reporters Tuesday, a lawyer …