November 4, 2007
Home Fuel Oil Delivery Nuts & Bolts: International Excess of Pittsburgh is offering coverage for propane, petroleum and fuel oil distributors. Coverages includes property, inland, commercial general liability, business auto and umbrella liability. p:Dollars: Up to $5 million. p:Carrier: Rated …
November 4, 2007
($ in millions) Company Name Written Premium Market Share 1 State Farm (Ill.) 1,436.03 21.78% 2 Zurich Ins. Group (Farmers Ins. Group) 1,118.12 16.96% 3 Allstate Ins. Group 887.88 13.47% 4 California State Auto Group 414.42 6.29% 5 United States …
November 2, 2007
A federal appeals court has scheduled arguments in State Farm Fire and Casualty Co.’s quest to overturn a $2.7 million judgment in a Hurricane Katrina insurance dispute from the Mississippi Gulf Coast. The arguments will be heard Dec. 5, in …
November 1, 2007
NCIC, a Risk Retention Group, Secures AM Best Rated A- (Excellent), Class Viii, Reinsurance for its Contractor General Liability Program This is a real reinsurance program, not some unspecified excess of loss being used by some of its competitors. NCIC’s …
October 31, 2007
The Property Casualty Insurers Association of America (PCI) elected new officers during its annual meeting in Boston today. Robert Joyce, chairman and chief executive officer of Westfield Group, was elected as the association’s new chair; John Blackburn, CEO of Country …
October 27, 2007
Contractors Pollution Liability Nuts & Bolts: Sloan Mason is now providing contractor’s pollution liability (CPL) for oilfield diving and sub-sea contractors of all types. For full underwriting review and the best quote, the company requires a CPL supplemental application and …
October 27, 2007
Industry urged to watch for emerging benzene, lead, welding rod torts Large pool of litigants, scientific evidence, plaintiff’s attorneys all cause for concern Actuaries need to be on the look out for emerging mass tort claims related to benzene, lead …
October 27, 2007
Fla. medical malpractice market continues to improve A recent state-sponsored report showed a continuing trend of recovery for the Florida medical malpractice industry – an industry that experienced double-digit rate increases and lack of availability prior to the 2003 legislative …
October 26, 2007
The Arizona family of a high-school wrestling coach who died of an interaction between two pain medicines has won a $6 million wrongful death award from pharmacy company Walgreen Co. Lawyers for the family of Coconino High School coach Eric …
October 26, 2007
A study by an Bloomington, Ill.-based State Farm Insurance says Iowa is fifth in the nation when it comes to the likelihood of a motor vehicle hitting a deer. State Farm Insurance based its rankings on claims data from the …