Maryland News

New Markets

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. Campgrounds, Dude Ranches & Other Outdoors Risks Market Detail: Hull & Company Inc. has availability …

TAPCO Underwriters Expands Into Alabama and Louisiana

Insurance agents in Alabama and Louisiana may now access the services provided by TAPCO Underwriters Inc. (TAPCO), a Burlington, N.C.-based MGA that specializes in high-volume, middle-market excess and surplus insurance lines. The company explained in its announcement that it has …

Markel Acquires Majority Stake in Dredging Equipment Maker

Markel Ventures has acquired a majority interest in Ellicott Dredge Enterprises, LLC, a privately held company headquartered in Baltimore, Maryland that manufactures dredging equipment for both domestic and international markets. Terms of the transaction were not disclosed. Markel Ventures owns …

East Coast States Totaling Damage from Nor’easter

It was a desperate, ultimately futile battle — machine against nature — and Ocean City kept it up long after the outcome had been decided. As wave after wave pummeled the beachfront during last week’s powerful nor’easter, more and more …

People

Maryland-based insurance and risk management firm HMS Insurance Associates Inc. has made several executive-level promotions. Nancey Bohlen has been promoted to chief financial officer and vice president of operations. She will oversee financial aspects of insurance and non-insurance related business. …

New Markets

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. Commercial Construction Liability Market Detail: Insurance Specialty Group presents PrimeSTARR, an ISO-based commercial construction general …

Abacus Insurance, National Specialty Underwriters Recognized for Best Practices

The Target Markets Program Administrators Association (TMPAA) based in Wilmington, Del., awarded two of its member agencies – Abacus Insurance Brokers Inc. and National Specialty Underwriters – the Association’s Best Practice Designation. TMPAA’s Best Practice Evaluation is one element of …

Court Halts Illinois Suspension of Medical Liability Insurer PLICA

A Chancery Court Judge in Cook County Illinois has halted a state insurance department order that prohibited a medical liability insurer from writing new business in the state. On Oct. 22, Illinois Director of Insurance Michael McRaith suspended the operations …

Program Will Monitor Maryland Doctors’ Handwashing

Maryland is starting to keep tabs on how often doctors and nurses wash their hands at hospitals. Officials said Tuesday they’re creating teams of staff members at most of the state’s hospitals to monitor their colleagues. The monitors will be …

Main Street Group Adds 5 States for Business Owners Policy

The Main Street America Group has introduced its Main Line business owners policy (BOP) property and liability insurance product and Main Street Station for commercial lines quoting and policy issuance system to its independent agents in New York, New Hampshire, …