Boston-based Risk Specialists Cos. Inc., a member company of American International Group Inc., has appointed David A. Jordan as chief operating officer. Jordan will continue as a senior vice president of Lexington Insurance Co. In this newly-created position at Risk …
U.S. Rep. Tom Allen joined with a group of Democratic state lawmakers at the Maine State House on Tuesday to amplify his call for the repeal and replacement of the federal homeland security law known as the Real ID Act. …
National Association of Insurance Commissioners (NAIC) President and Alabama Insurance Commissioner Walter Bell was recently elected vice chairman of the International Association of Insurance Supervisors (IAIS) Executive Committee. Bell was elected to his new post during the IAIS’ triennial committee …
The Maine Supreme Court heard oral arguments Tuesday on whether first-year savings generated by the state’s Dirigo Health program were properly calculated. Legal jousting over the program’s impact on insurance carriers and other businesses has continued even as Gov. John …
Trucking Nuts & Bolts: AIX Group, Inc., a specialty insurance holding company, has formed a program to provide automobile physical damage coverage to commercial trucking operations. This program will be targeting operations with above average loss experience and fleets between …
Long Haul Trucking Program Nuts & Bolts: M.J. Hall and Co. Inc. has a program for long haul truckers garaged in California. It covers liability, physical damage, cargo and trucker’s general liability. The program also covers: Ag haulers, intermodal operations, …
The Maine Legislature declared that it would refuse a congressional order to change its drivers’ licenses so they can serve as national identification cards. Supporters of a recent nonbinding resolution say the federal program would invite identity theft and cost …
N.J. Coastal Property Nuts & Bolts: McSweeny Agency of New Jersey is offering coverage on boardwalk stores, ocean front, bay front, condos, dwellings, and seasonal commercial properties. Dollars: $100,000 to $1 million. Carrier: Rated “A+” by A.M. Best. Non-admitted. States: …
D&O for Small Public Cos. Nuts & Bolts: The Chubb Group of Insurance Companies has introduced specialized directors and officers (D&O) liability insurance for publicly traded companies with market capitalizations of $100 million or less. These “micro-cap” coverage enhancements can …
The Maine Legislature declared that it would refuse a congressional order to change its drivers’ licenses so they can serve as national identification cards. Supporters of a recent nonbinding resolution say the federal program would invite identity theft and cost …
