Excess Auto LiabilityTITLE: Nuts & Bolts: Freberg Environmental Inc. announced an excess automobile liability program designed to provide excess limits over FEI’s hazardous material and hazardous waste trucking program with Arch Insurance Group. The Arch program provides a maximum limit …
A Maine judge Friday gave directors of the Dirigo Health Agency less than a month to determine the latest health care cost savings arising from the operation of its state-run insurance program. The agency had missed its statutory deadline of …
A new Maine law (LD 1885) aimed at protecting the privacy of motorists with event data recorders (EDRs), or “black boxes,” in their vehicles, contains important safeguards for insurers supported by the insurance industry. “This new law protects the legitimate …
CIGNA HealthCare announced it is expanding the availability of its consumer-driven CIGNA Choice Fund Health Reimbursement Arrangement (HRA) plans to businesses with 51-200 employees in Texas. The plan is also available in Arizona, Colorado, Connecticut, Maine, New Hampshire, Vermont, New …
Oklahoma Insurance Commissioner Kim Holland reported that the state senate passed the Interstate Insurance Product Regulation Compact, a measure Holland said was a priority for her, by a vote of 42-0. The measure passed the Oklahoma House unanimously in February. …
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 …
Lockton Companies, Inc., the Kansas City, Mo.-based privately owned insurance broker, has opened a New York retail office, vowing to target complex middle-market clients and take a focused approach towards the Fortune 1000 and selected industries. Since the first of …
Commercial risks catastrophe cover Nuts & Bolts: International Catastrophe Insurance Managers and National Fire and Marine Insurance Company have launched a new catastrophic coverage product for commercial special risks. The product features earthquake policies for businesses with unique underwriting requirements …
Maine Gov. John Baldacci has signed a law that clarifies the process of cleaning up credit reports of people who become identity theft victims. The law takes effect later this year. Rep. Carol Grose’s clarifies that information that goes in …
Homeowners – TexasNuts & Bolts: Arrowhead General Insurance Agency Inc., based in San Diego, Calif., is rolling out a new homeowners program in Texas. Coverage highlights in-clude: Specified additional amount of insurance–Coverage A–allows up to 25 percent additional coverage in …
