Maryland News

ProMutual Plans No Rate Increase in 2007 for Mass. Physicians

Medical Professional Mutual Insurance Co. (ProMutual) will not increase its rates for physicians, surgeons, dentists and certified nurse midwives in Massachusetts for 2007. If the proposed rates are approved, the company said that many policyholders will see a decrease in …

Burns & Wilcox Adds Ebert in Baltimore

Burns & Wilcox, the Farmington Hills, Mich.-based national specialty insurance wholesaler, announced the addition of Jennifer Ebert, who joins the company’s Baltimore office in the position of senior commercial underwriter. Ebert specializes in multiple types of coverages, including casualty, commercial …

New Markets

Monoline Energy Nuts & Bolts: MarketScout, the Dallas-based eInsurance Exchange, has launched an exclusive Monoline Energy Workers’ Compensation program. The facility accepts most class codes related to the energy industry, including operations “over the hole” and USL&H exposures. Dollars: Statutory …

It Figures

$445 Billion Nearly half a billion dollars will be given to U.S. cities and regions to help reduce the risk of terror attacks on ports, transit systems and chemical plants, Homeland Security Secretary Michael Chertoff announced. The Associated Press reported …

New Markets

Builders & Tradesmen’s Commercial Package Nuts & Bolts: Builders & Tradesmen’s Insurance Services Inc., Rocklin, Calif., has a new commercial package policy available in California underwritten by One Beacon. Eligible classes are garage, manufacturers, offices, restaurants, apartments and many more. …

People and Places

Missouri Governor Matt Blunt recently announced that Insurance Director Dale Finke will retire in 2007. Finke served as director for the past two years while the department gained responsibility for oversight of banks, credit unions and other financial institutions, as …

New Markets

Parking and Valet Operators Nuts & Bolts: USRisk Brokers has a new Parking and Valet Operators Program designed for businesses engaged in parking customers’ cars, such as self-parking garages and lots, assisted parking, valet parking and parking for special events. …

People & Places

Lloyd’s of London announced that Julian James, its director-worldwide markets, will be leaving at the end of April to join Lockton International. James has been responsible for all Lloyd’s commercial activities outside the UK, including the management of its 72 …

It Figures

$105.3 million The amount being paid by Prudential Financial Inc. over 20 years for the naming rights to the new arena for the NHL’s New Jersey Devils’ hockey team. The $375 million downtown venue is already under construction nearly across …

It Figures

$445 Billion Nearly half a billion dollars will be given to U.S. cities and regions to help reduce the risk of terror attacks on ports, transit systems and chemical plants, Homeland Security Secretary Michael Chertoff announced. The Associated Press reported …