April 20, 2010
The families of two western Maryland coal miners who died in a 2007 highwall collapse near Barton are seeking $8 million in a wrongful death lawsuit. The families of Dale Jones and Michael Wilt filed the complaint Thursday in Allegany …
April 15, 2010
The American Insurance Association (AIA) says the P/C industry made some positive legislative steps in Maine and Maryland this year, although the trade group says it was disappointed with a Maryland law that will raise the minimum auto liability coverage. …
April 14, 2010
With the use of credit scoring still under attack, the insurance industry would be wise to consider new ways to assess risk, according to an industry actuary. Roosevelt Mosley, a principal with Pinnacle Actuarial Resources Inc. said insurers will need …
April 13, 2010
New York-based Privilege Underwriters Reciprocal Exchange (PURE) said it would begin offering personal lines coverage to owners of high-value homes in Maryland and Washington D.C.. The company, a member- owned reciprocal insurer, said it will also offer automobile, jewelry, art, …
April 12, 2010
Maryland drivers will have to use handsfree devices to talk on cell phones while driving under legislation passed by the Maryland General Assembly on Friday. The House of Delegates voted 125-14 to pass a measure already approved by the Senate, …
April 7, 2010
New insurance products to protect innovative green construction products such as wind turbines, fuel cells and vegetative roofs are on the rise. But even those closest to the situation admit to being a bit, well, green, about the risks behind …
April 5, 2010
Florida’s 21st Century Holding Co. announced that its subsidiary Federated National Insurance Co. (FNIC) has received a capital infusion of $10 million. The transaction follows the previously announced notice from Demotech, Inc., a rating agency, requiring that FNIC obtain additional …
April 5, 2010
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Nonprofit Package Market Detail: Pennock Insurance offers a nonprofit organization all-in-one package product. This product …
April 2, 2010
Eastern Insurance Holdings Inc. has established a satellite office in Nashville, Tennessee in support of its subsidiary Eastern Alliance Insurance Group (EAIG), which specializes in workers’ compensation insurance. EAIG said it received regulatory approval to write casualty insurance products in …
March 25, 2010
Maryland drivers would likely see their car insurance payments increase under a bill backed by the state House. Maryland’s House of Delegates voted 97 to 36 Tuesday to raise the minimum amount of auto liability insurance required of drivers. Motorists …