Maryland News

Business Moves

Hub, Apax, Morgan Stanley Hub International Limited, which got its start in 1998 when 11 Canadian brokers merged and has since grown through acquisitions into one of the largest insurance brokers in North America, is being acquired by funds advised …

Plaintiffs: Md. court reinstatement of class action a breakthrough

A potentially far-reaching ruling by the Maryland Court of Appeals reinstates a class action suit against several U.S. automakers even though the plaintiffs were not injured by allegedly defective seat-backs. Plaintiffs claim seats that collapse backward in rear-impact collisions have …

People Markel Insurance Co. named Thomas K. “Smitty” Smith as vice president of marketing. Smith joins Markel after three years as senior vice president and managing director of the Richmond branch of Riggs, Counselman, Michaels & Downes, which he established. …

People and Places

Markel Insurance Co. named Thomas K. “Smitty” Smith as vice president of marketing. Smith joins Markel after three years as senior vice president and managing director of the Richmond branch of Riggs, Counselman, Michaels & Downes, which he established. Before …

FDA says cloned food safe, but could lead to non-covered claims

Products from cloned animals, such as milk and meat, may be safe to eat, but that doesn’t mean there aren’t insurance risks. The problem is that it’s somewhat too soon to tell what claims could arise, and potentially no coverages …

Where can the agricultural producer turn for economic relief?

Winter storms force farmers and ranchers to take a close look at how to protect their revenue In the wake of the devastating January 2007 agricultural events, including the citrus freeze in California and the Colorado livestock blizzard, farmers and …

My New Markets

Wedding Insurance Nuts & Bolts: Travelers recently launched Wedding Protector Plan, which provides coverage with no deductible for a variety of unfortunate occurrences associated with a wedding event. For example, coverage is provided if a hurricane causes the necessary and …

Where can the agricultural producer turn for economic relief?

In the wake of the devastating January 2007 agricultural events, including the citrus freeze in California and the Colorado livestock blizzard, farmers and ranchers are looking for answers — hard answers dealing with their economic survival. In California alone, damage …

Job, education underwriting factors under scrutiny in N.J.

New Jersey drivers could see a return to high prices and fewer choices for their insurance if legislators limit the use of occupation and education as rating factors, insurers warned lawmakers at a legislative hearing earlier this month. Senate Bill …

FDA says cloned food safe, but could lead to non-covered claims

Products from cloned animals, such as milk and meat, may be safe to eat, but that doesn’t mean there aren’t insurance risks. The problem is that it’s somewhat too soon to tell what claims could arise, and potentially no coverages …