Deciding an issue never settled before in South Dakota, the state Supreme Court said that secondary, umbrella insurance does not kick in until another insurer’s primary coverage has paid its full limit. The unanimous ruling came in a case involving …
Nuts & Bolts: Noodle Specialty Brokers (NSB) has made available surplus lines liability products from a nonadmitted carrier rated “A+ XV.” Wholesalers offer the products in 17 states and the District of Columbia, and are geared toward medium to large …
Bradley Darr Atlanta-based Beecher Carlson Holdings, Inc.has announced the appointments of Bradley Darr as senior vice president and Jeffrey Smith as a managing director responsible for large account sales and recruitment of talent. Jeffrey Smith Darr has 25 years of …
The Oklahoma Insurance Department announced it has ordered three medical discount companies to cease doing business in the state. Insurance Department officials alleged that the companies sold cards that purported to provide discount medical services but that doctors, hospitals and …
Nonprofits’ Insurance Alliance of California (NIAC), a nonprofit, charitable risk pool specializing in 501(c)(3) nonprofit organizations, recently celebrated its 15th anniversary. NIAC, based in Santa Cruz, Calif., offers liability insurance to nonprofit entities of all sizes and estimates that it …
Nuts & Bolts: Noodle Specialty Brokers (NSB) has made available surplus lines liability products from a nonadmitted carrier rated “A+ XV.” The products are available via appointed wholesalers in 17 states and the District of Columbia, and are geared toward …
The Oklahoma Insurance Department announced it has ordered three medical discount companies to cease doing business in the state. Department officials alleged that the companies sold cards that purported to provide discount medical services but that doctors, hospitals and other …
New York-based Willis Group Holdings has appointed Arlene Corsetti as executive vice president, regional executive officer to lead the Western Region encompassing Alaska, Arizona, California, Hawaii, Nevada, Oregon and Washington. She also assumes the role of Willis’ healthcare practice leader …
According to a survey of reinsurers’ statutory underwriting results conducted by the Reinsurance Association of America (RAA), a group of 27 of the leading U.S. property/casualty reinsurers wrote $22.3 billion of net premiums during the three months ended Sept. 30, …
Omaha, Neb.-based workers’ compensation carrier FirstComp Insurance Co. has landed a spot Inc. magazine’s 23rd annual list of the 500 fastest-growing private companies in the country. FirstComp, which serves small- and medium-sized businesses through independent agencies, was awarded its first-ever …
