The Maine Supreme Court has upheld the right of an insurer not to renew a homeowners policy for insureds operating at-home day care centers, even though the operators had separate commercial policies for their businesses. In York Insurance Co. v. …
InsurBanc, the independent agents’ bank backed by W.R. Berkley Corp. and also owned in part by the Independent Insurance Agents and Brokers of America (IIABA), expects to break even in the second quarter of this year, its third year in …
IIABNH Members Hear from Sen. Sununu, Sevigny and Agency and Insurer Execs The value of better educated consumers, the need for pricing to stay ahead of claims inflation, the impact of Sarbanes-Oxley on insurer earnings reports and an admission that …
The Rhode Island Senate on a 25-7 vote passed legislation that would ban smoking in nearly every public place in Rhode Island. The Rhode Island Workers’ Safety Act of 2004 (2004 – S2029A), sponsored by Sen. V. Susan Sosnowski (D-Dist. …
Chittenden Corporation (NYSE: CHZ) Chairman Paul A. Perrault announced earnings for the quarter ended March 31, 2004 of $17.5 million or $0.47 per diluted share, compared to $16.6 million or $0.49 a year ago. Chittenden also announced a 10 percent …
Speakers at this year’s annual meeting of the Maine Insurance Agents Association didn’t let a sneaky spring snowfall get them down as they issued positive reports on markets, products, association business and even the agents’ own venture into banking. “It’s …
You may have let March slip by blissfully unaware that it was ethics awareness month in the insurance and financial services industries — the other 11 months being a free-for-all, apparently. Still, this seems an appropriate time to suggest that …
Thomas Bradley Schaumburg, Ill.-based commercial lines insurer Zurich North America announced that Thomas Bradley will become chief operating officer of finance and administration and chief financial officer of its North American commercial operations. John McCartney, the current CFO, will retire …
InsurBanc, the independent agents’ bank backed by W.R. Berkley Corp. and also owned in part by the Independent Insurance Agents and Brokers of America (IIABA), expects to break even in the second quarter of this year, its third year in …
Andy Wood, a safety consultant and trainer for workers’ compensation insurer Maine Employers Mutual Insurance Co. (MEMIC), was recently awarded the prestigious 2004 H.H. Jefferson Memorial Safety Award by the Forest Resources Association, a national organization. Wood, who has worked …
