December 15, 2003
Nuts & Bolts: AIG Private Client Group, a division of the property and casualty subsidiaries of American International Group Inc. (AIG), has expanded its Excess Flood Coverage to 17 additional states across the country, bringing the total to 32 states …
December 10, 2003
Maine-based JHA, Inc., a disability risk management, consulting, and market research firm, announced that the 2003/2004 Edition of The JHA Disability Fact Book is now available. Designed as a quick reference tool for disability insurers, brokers, employers, and other insurance …
November 26, 2003
Standard & Poor’s has affirmed its ‘BBBpi’ counterparty credit and financial strength ratings on Maine Employers Mutual Insurance Co. The ratings reflect its extremely strong capitalization, strong operating performance, and sound reinsurance program offset by high geographic and product line …
November 20, 2003
Morse Payson & Noyes, an affiliate of Banknorth Insurance Group, announced that Keith J. Lambert has been appointed as an account executive for large commercial lines throughout southern New Hampshire, Massachusetts, Maine and Connecticut. “In his new position, he will …
November 11, 2003
Maine Governor John Baldacci recently announced that the National Council on Compensation Insurance (NCCI) has filed a request to decrease workers’ compensation loss costs for policy year 2004 by an average of 3.3 percent. The requested decrease is reportedly good …
November 6, 2003
The Banknorth Insurance Group, part of the Banknorth Group, Inc., announced that it will open a new office, located at 116 South River Road in Bedford, New Hampshire. The Banknorth Insurance Agency “will serve customers in southern and central New …
November 3, 2003
Nuts & Bolts: AIG Private Client Group, a division of the property and casualty subsidiaries of American International Group Inc. (AIG), has introduced excess flood coverage to support insureds in the event of catastrophic loss caused by flood. Aimed at …
November 3, 2003
The Texas Supreme Court overturned a lower court ruling and found that insurance contracts do not require an insurer to pay a policyholder for the vehicle’s so-called diminished value. According to the National Association of Independent Insurers, the Supreme Court …
October 28, 2003
AIG Private Client Group, a division of the property and casualty subsidiaries of American International Group, Inc. (AIG), has expanded its Excess Flood Program to 17 additional states across the country, bringing the total to 32 states nationwide. Since AIG …
October 24, 2003
In overturning a lower court ruling, the Texas Supreme Court has ruled that insurance contracts do not require an insurer to pay a policyholder for the vehicle’s so-called diminished value. In the case of American Manufacturers Mutual Insurance Co., et …