Maine News

Maine Adopts ATV Regulations

All-terrain vehicle operators who trespass or drive recklessly face tougher penalties under a new law that fine-tunes major ATV regulations enacted two years ago. “The number of ATV users continues to grow, and we’re still learning how to best regulate …

Business Moves

State National, United Specialty State National Companies formed a new affiliate, United Specialty Insurance Company. The company began operation in March following admission to the state of Delaware and will exclusively service the surplus lines market. United Specialty said it …

Gov. Baldacci signs Maine law in effort to curb uninsured motorist claims following court ruling

Maine Gov. John Baldacci signed into law legislation that promises to curtail the number of uninsured motorist claims. The new law will allow insurers to limit coverage for uninsured motorists to claims based on injuries sustained by insureds. Drafted by …

Gov. Baldacci signs Maine law in effort to curb uninsured motorist claims following court ruling

Maine Gov. John Baldacci signed into law legislation that promises to curtail the number of uninsured motorist claims. The new law will allow insurers to limit coverage for uninsured motorists to claims based on injuries sustained by insureds. Drafted by …

Critics allege wind modelers following politics over science

News Currents Risk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific and that they are designed to justify insurance premium increases. RMS declined …

New Markets

HO-3 Homeowners in TexasTITLE: Nuts & Bolts: The Republic Group, based in Dallas, introduced a new Homeowners Form 3 product in Texas. The company said the HO-3 is modeled after the ISO Homeowner form and is an all-perils product with …

Critics allege wind modelers following politics over science

News Currents Risk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific and that they are designed to justify insurance premium increases. RMS declined …

Critics allege wind modelers following politics over science

Risk Management Solutions has defended its hurricane risk models in the face of consumer groups’ criticisms that the models are more political than they are scientific and that they are designed to justify insurance premium increases. RMS declined to address …

New Markets

HO-3 Homeowners in Texas Nuts & Bolts: The Republic Group, based in Dallas, introduced a new Homeowners Form 3 product in Texas. The company said the HO-3 is modeled after the ISO Homeowner form and is an all-perils product with …

Insurers Applaud Signing of Maine Bill Limiting Uninsured Motorist Claims

In a major victory for Maine insurers, legislation drafted by the National Association of Mutual Insurance Companies (NAMIC) aimed at correcting a Maine Supreme Judicial Court decision hindering insurers’ ability to limit their exposure to certain uninsured motorist claims has …