The Interstate Insurance Product Regulation Commission adopted a $1.4 million 2008 budget by a vote of its full membership in a public teleconference yesterday. Following a comprehensive comment period, including a public hearing before its Management Committee last week, the …
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. Privacy General Liability Nuts & Bolts: Insurebest.com is offering privacy general liability on an occurrence …
17.75% The voluntary market rate cut in workers’ compensation ordered by Delaware Insurance Commissioner Matt Denn who also ordered a 22 percent cut for the state’s assigned risk pool. He said these are the largest premium cuts since 1994. With …
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. Privacy General Liability Nuts & Bolts: Insurebest.com is offering privacy general liability on an occurrence …
Northeast Bank Insurance Group, Inc., a wholly owned subsidiary of Lewiston, Me.-based Northeast Bank, has agreed to purchase Spence & Mathews Insurance. The deal is slated to close on November 30, 2007. Founded in 1935, Spence & Mathews has 16 …
The New England economy is expected to experience slow growth over the next six months as the region struggles with the broadening effects of the housing credit crisis and rising energy prices, according to Ross Gittell, James R. Carter Professor …
Voters in Kennebunkport, Maine have tightened restrictions for issuing mass-gathering permits after three large peace demonstrations over the past two summers. The revisions approved on Election Day shift responsibility for issuing permits from the police department to the Board of …
A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘B+’ (Good) from B++ (Good) and assigned issuer credit ratings (ICR) of “bbb-” to The Hingham Group and its members – Hingham Mutual Fire Insurance Company and its wholly …
High wind and heavy surf hit parts of the Northeast U.S. coast as the remnants of Hurricane Noel blustered northeastward across the open Atlantic. The wind and rain caused some coastal flooding, brought down tree limbs and knocked out power …
Wayzata, Minn.-based Cargill Inc. says it is recalling more than 1 million pounds of ground beef that may be contaminated with E. coli bacteria, the second time in less than a month it has voluntarily recalled beef that may have …
