January 23, 2008
Markel American Insurance Co. introduced a new Collector Vehicle Insurance program. This program joins its other specialty personal lines, such as motorcycle and various boat products. The program provides coverage for a variety of collector vehicles including antique autos and …
January 22, 2008
The Maine fire marshal’s office is investigating a fire at the upscale Stage Neck Inn in York a year after another fire damaged the oceanfront resort hotel. York Village Fire Chief Chris Balentine estimated the damage from last week’s fire …
January 22, 2008
Suspended drivers represent a small minority of all motorists but are involved in a disproportionately large number of serious highway crashes in Maine, the Maine Sunday Telegram reported. After analyzing records from a statewide database of 160,000 motor-vehicle crashes from …
January 17, 2008
A new Vermont law restricting the drug industry’s use of data on doctors’ drug prescribing habits is facing a federal lawsuit and a new round of scrutiny. The law, which was amended in the waning days of last year’s legislative …
January 14, 2008
Maine recorded four crashes involving trains and motor vehicles in 2007, Maine Operation Lifesaver said. It was the fewest since the nonprofit railroad safety organization started keeping records 20 years ago. The four crashes, one of them fatal, occurred at …
January 14, 2008
U.S. property/casualty insurers are expected to pay homeowners and businesses $6.5 billion for 2007 property losses from 23 catastrophes — the eighth lowest cost in a decade and the seventh lowest frequency for the same period, according to preliminary analysis …
January 13, 2008
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Small Residential General Contractors Nuts & Bolts: NSM Insurance Group is offering coverage for general …
January 13, 2008
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Oil and Gas Well Drilling Contractors
January 13, 2008
Massachusetts independent agents are facing a challenge to hang onto their whopping 86 percent market share in personal lines as the state embarks upon a new competitive auto insurance system that will bring some of the predictive analytics that agents …
January 13, 2008
Surprising Amount “We are both surprised and disappointed by the amount of the fine.” —Michelle Levy, Spokesperson for Foremost, reacting to a $230,000, near-record fine levied against the company by the state of Connecticut. The fine came after regulators found …