August 3, 2009
Top 100 Privately-Held Property/Casualty Agencies Ranked by Total 2008 P/C Premium Written 2008 Rank Agency Name, Main Office 2008 P/C Premium Written 2007 P/C Premium % Premium Change 2008 Other than P/C Premium 2008 P/C Revenue 2008 Rank by Revenue …
July 31, 2009
Jacksonville, Florida-based medical liability insurer FPIC Insurance Group Inc. will acquire Advocate, MD Financial Group Inc. of Austin, Texas for $33.6 million. The deal includes additional considerations of up to $12 million based on Advocate, MD’s future financial performance. Advocate, …
July 29, 2009
Fire officials urged Virginia regulators this week to require sprinklers in all new homes, while builders argued it would drive up the cost and put home ownership out of reach for many. More than 200 people — split about evenly …
July 27, 2009
The parents of a teenager who was left brain damaged after an apparent near-drowning is suing the Maryland swim club where the incident happened. William and Mary Becker on Thursday filed a $40 million lawsuit in Baltimore County Circuit Court …
July 22, 2009
Standard & Poor’s Ratings Services has assigned its ‘A+’ counterparty credit and financial strength ratings to QBE Specialty Insurance Co. (QSIC) with a stable outlook. “We view QSIC to be a core member of the QBE Group,” explained credit analyst …
July 20, 2009
$300,000 Estimated value of damage caused by a fire a Maryland automotive company and 12 cars inside. It took two hours for 100 firefighters from two states to put the fire out. Fire Marshals said about 12 cars, including models …
July 20, 2009
American Safety, Victore Insurance Bermuda-based American Safety Insurance Holdings Ltd.’s American Safety Casualty Insurance Co. (ASCIC) subsidiary has acquired Victore Insurance Co. (VIC), an Oklahoma domiciled admitted insurance company headquartered in Oklahoma City. VIC provides customized bonding solutions for the …
July 20, 2009
LoriAnn Lowery resigned her position as president of Lloyd’s North America after a little more than a year on the job. Lowery took over as Lloyd’s North America president in April 2008, replacing long-time president Wendy Baker. Before joining Lloyd’s, …
July 20, 2009
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. Nursing Homes/Assisted Living Facilities Market Detail: U.S. Risk Brokers Inc.‘s Houston office offers an exclusive …
July 17, 2009
Fairfield, Ohio-based Ohio Casualty, a Liberty Mutual Agency Markets regional company, has introduced Onboard Advisor, a fleet management system that helps companies increase commercial fleet safety and productivity, save on commercial auto insurance premiums and more. The company said Onboard …