November 19, 2006
Hiscox, Bermuda Holding Company London’s Hiscox plc outlined its corporate reorganization plan. A new Bermudan domiciled holding company for the Group, Hiscox Ltd., has been established. Shareholders of Hiscox will receive one share in Hiscox Ltd. for each share held …
November 19, 2006
When a tractor-trailer overturned on a Maryland road, it spilled lumber onto the roadway below and killed a motorist. The same week in a nearby Virginia community, a jury awarded $17 million to the family of a 17 year-old killed …
November 19, 2006
The Maryland Health Care Commission is beginning work on a plan that could be presented to the legislature as early as January that would require all Marylanders to buy health insurance. The draft proposal would create an insurance exchange offering …
November 15, 2006
Interstate Insurance Management (IIM) and Swiss Re’s Commercial Insurance are expannding their insurance program for the trucking industry into Virginia and Indiana. The program, which has been in operation since 1970, targets all size fleets with distances that range from …
November 10, 2006
Insurance and benefits broker William Gallagher Associates reports that Lyn Rossano has joined the Maryland office as senior vice president in the Property & Casualty area. She brings 20 years of risk advisory experience to the firm’s property and casualty …
November 10, 2006
Niche insurance underwriter Britt/Paulk has opened a new office in Selbyville, Del. This new office will focus on underwriting the agency’s Timber Harvesting Program. The company also announced that three underwriters are joining the firm: George M. Pusey, branch manager; …
November 9, 2006
Newly-elected Democratic governors in Massachusetts, New York and Maryland are expected to name their own insurance commissioners, although the identity of any successors is unknown at this time, according to insurance industry insiders. Industry representatives are optimistic that the new …
November 8, 2006
William L. Jews will step down as chief executive of CareFirst BlueCross BlueShield at the end of the year, the board of Maryland’s biggest health insurer said. The decision to leave was mutual, according to board chairman Michael R. Merson, …
November 8, 2006
Great Central Insurance Company, a member of the Select Markets segment of Argonaut Group Inc. introduced its Great Protector Select Series of coverage forms for franchise hotels and motels in 17 additional states, Alabama, Arkansas, Arizona, Colorado, Florida, Kansas, Louisiana, …
November 6, 2006
The jobs of more than half of state insurance commissioners around the country could be on the line on this 2006 midterm Election Day. The futures of as many as 30 of the nation’s insurance commissioners are tied to the …