June 21, 2004
Nuts and Bolts: Prime Insurance Syndicate announced two new insurance coverage packages—one for special events and the other for liquor liability—that are tailored to the specific market needs of promoters of recreational, competitive and other events, and owners of restaurants, …
June 17, 2004
Banknorth Insurance Group of Portland, Me., said it will provide a captive insurance program to RoofConnect, a national, non-profit professional roofing trade organization made up of more than 50 independent, commercial roofing companies throughout the U.S. The captive insurance program …
June 16, 2004
As of July 1, 2004, Maine resident insurance producers, consultants, and adjusters will be taking their licensing examinations through a new testing provider. The Bureau of Insurance has awarded a three year testing contract to Experior Assessments, LLC (“Experior”). Experior …
June 7, 2004
Though worried that medical malpractice insurance is driving doctors from the state, New Hampshire lawmakers have failed to agree on legislation to address the problem. The House and the Senate had different versions of a bill to establish medical review …
June 7, 2004
Maine Superintendent of Insurance Alessandro A. Iuppa reported that Maine has become the sixth state to join the Interstate Insurance Product Regulation Compact Commission, a commission which has been developed by the National Association of Insurance Commissioners (NAIC). The commission …
June 7, 2004
As the nation’s population ages, states are looking for ways to weed out people who shouldn’t drive. Half the states have passed some form of elderly driver restrictions, usually laws that require older motorists to renew licenses more often and …
June 7, 2004
Michael Donnelly Professional Lines Underwriting Specialists Inc. (PLUS), an Austin-based professional liability insurance wholesaler, named Michael Donnelly as vice president. Donnelly comes to PLUS after spending his entire career in the Philadelphia, Pa. area. Prior to joining PLUS, Donnelly was …
June 4, 2004
The Maine Supreme Court has upheld an exception to the state’s tort claims law by ruling a woman could not sue the city for injuries she suffered when she fell outside a public school. In a 4-3 ruling, the Supreme …
June 1, 2004
Maine Superintendent of Insurance Alessandro A. Iuppa has announced a new resource to assist property owners who have had difficulty obtaining insurance for specific types of residential property insurance risks. “It can sometimes be very frustrating for a homeowner to …
June 1, 2004
Alabama-based Vesta Insurance Group Inc. announced that Tambra L.G. Bailie has been elected the non-executive chairman of its Board of Directors. In addition, Vesta announced that Kevin Tierney has been elected to the Board of Directors at today’s annual meeting …