State National Companies recently announced two additional authorizations for State National Specialty Insurance Company (SNS). In April, the state of Maine granted SNS approval to write fire, allied lines, inland marine, other liability, auto liability and auto physical damage. Colorado …
The Alliance of American Insurers has issued an announcement indicating that a final Delaware Department of Insurance regulation governing property/casualty insurers’ use of credit-based insurance scores that will go into effect June 1 is “fair to both consumers and insurers …
The National Association of Independent Insurers has expressed its concern to Maine Governor John Balducci that a bill aimed to thwart unwanted and unsolicited e-mail may interfere with legitimate electronic communications that insurers have with their consumers. “In an effort …
Maine has become the first New England state to send legislation to the governor that follows the National Conference of Insurance Legislators (NCOIL) credit-based insurance model. The NCOIL model or a form of the model has been passed by 12 …
There is no need for the Maine State Legislature to create a Fair Access to Insurance Requirements (FAIR) plan, according to the American Insurance Association. AIA testified before the legislature’s Joint Insurance and Financial Services Committee in opposition to a …
The Independent Insurance Agents & Brokers of America announced that it has asked the U.S. Supreme Court to hear an appeal of the Fourth Circuit Court of Appeals decision in which the lower court ruled that West Virginia’s insurance consumer …
The National Conference of Insurance Legislators (NCOIL) credit-based scoring model is gaining momentum after the first four months of this year’s state legislative season, an official of the National Association of Mutual Insurance Companies (NAMIC) reports. NAMIC Vice President of …
Nuts & Bolts: Superior Access is now offering a new BOP (Office Package Program) through a carrier with an AM Best Rating of “A+ XV”. Will entertain new ventures with a minimum of three years experience in their field. Agents …
Maine-based Align360, a business and IT consulting firm, announced the release of their FLAG360TM product for the INSideOUTSM system (formerly known as WPCSM). As part of the Homeland Security Initiatives, the U.S. Treasury Department’s Office of Foreign Assets Control, more …
Nuts & Bolts: ME James Surplus Lines is offering a program for homeowners. Dollars: Policy limits of $500,000 – $25,000,000; Liability of $1M; Deductibles of $1,000-up. Carrier: Lloyd’s of London. Rated ‘A.’ Non-admitted market. States Available: California. Contact: Dave Whittington, …
