Maryland News

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 …

Insurers Warn N.J. Not to Restrict Use of Education, Job Status in Rating

New Jersey drivers could see a return to high prices and fewer choices for their insurance if legislators limit the use occupation and education as rating factors, insurers warned lawmakers at a legislative hearing this week. Senate Bill 1714 would …

Md. Court Reinstates Class Action on Purely Economic, Not Physical, Injury

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 …

Royal & Sun Management Team Completes Buyout of U.S. Businesses

Arrowpoint Capital Corp. has completed the acquisition of all Royal & SunAlliance USA businesses formerly owned by Royal & Sun Alliance Insurance Group plc of London. Arrowpoint Capital Corp. was formed in June 2006 by the senior management and outside …

FDA Warns Against Eating Raw Texas Oysters After Virus Outbreak

The Food and Drug Administration says consumers should avoid eating raw oysters harvested from San Antonio Bay in Texas because more than two dozen people in Maryland became ill last month. The FDA said 25 people developed nausea, vomiting, diarrhea …

All Risks Opens Seattle Branch

All Risks Ltd., a wholesale broker and managing general agent headquartered in Hunt Valley, Md., has opened a branch office in Seattle. The Seattle office will handle contract binding and brokerage business and will is expected to expand the company’s …

Calif. Commissioner Appoints Executive Team

California Insurance Commissioner Steve Poizner has named his 14-member executive team at the Department of Insurance. Earlier in February, Poizner was criticized for naming insurance industry representative, Bill Gausewitz, as his special counsel, a top legal position in his office. …

State Farm Announces $1.2 Billion Mutual Auto Policyholder Dividend