E&S brokers seek new ways to grow, prosper in today’s changing market For excess and surplus lines brokers, identifying available insurance markets not sought by the standard market may be the key to surviving and thriving in the soft market. …
U.S. property/casualty insurers are expected to pay homeowners and businesses $6.5 billion for 2007 property losses from 23 catastrophes — the eighth lowest cost in a decade and the seventh lowest frequency for the same period, according to preliminary analysis …
Mississippi Attorney General Jim Hood says his office opened a new criminal investigation of State Farm Insurance Cos. that is separate from its earlier probe of the insurer’s “crimes against policyholders” after Hurricane Katrina. Bloomington, Ill.-based State Farm is suing …
Ty Inc., in a challenge of Illinois’ law governing lead in toys, is refusing to pull a popular, but tainted, doll from store shelves across the state. Illinois authorities thought they had agreed last December with Ty to have the …
Arkansas officials have asked for more time to implement post-Sept. 11 rules for new driver’s licenses. States face a May 11 deadline to comply with the REAL ID regulations, but Arkansas has requested a waiver. “Due to the delay in …
Markel American Insurance Co. introduced a new Collector Vehicle Insurance program. This program joins its other specialty personal lines, such as motorcycle and various boat products. The program provides coverage for a variety of collector vehicles including antique autos and …
Announcing plans for major growth in the Texas marketplace, State Auto Middle Market Insurance (SAMMI), said it will host an open house Jan. 28 in its new office in Austin to celebrate the unit’s entrance into the state. The company …
Peoria, Ill.-based RLI added Mike Robinson as southeast regional manager for its Executive Products Group at the company’s newly established Alpharetta, Ga. office. Robinson will be responsible for the management of EPG’s Financial Products Policies including, but not limited to, …
The Minneapolis and Chicago offices of Engle Martin & Associates, Inc., a national independent insurance adjusting and claims administration firm, have moved to expanded facilities, the company recently announced. The Minneapolis office, whose service area includes the core states of …
Ark. Governor Mike Beebe declared Benton, Conway, Craighead, Poinsett and Pope Counties state disaster areas due to the damage caused by thunderstorms and tornadoes on Jan. 7 and Jan. 8. Beebe’s declaration releases $250,000 from the Governor’s Disaster Fund to …
