Maryland News

2007 State Obesity Rates

2007 State Obesity Rates State % Alabama 30.3 Alaska 27.5 Arizona 25.4 Arkansas 28.7 California 22.6 Colorado 18.7 Connecticut 21.2 Delaware 27.4 Washington DC 21.8 Florida 23.6 Georgia 28.2 Hawaii 21.4 Idaho 24.5 Illinois 24.9 Indiana 26.8 Iowa 26.9 Kansas …

Business Moves

The Hartford As reported from sources by Reuters, Hartford Financial Services Group, Inc. is trying to sell its property/casualty insurance business, as it reels from massive losses. The Hartford has retained Goldman Sachs, which has been calling potential bidders for …

Ratings Recap: Medical Mutual, Eastern, Kaufmann, Seaworthy

A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of ‘B++’ (Good) and issuer credit rating of “bbb+” of Medical Mutual Insurance Company of Maine (MMIC). Best said the “revised outlook reflects …

Maryland Shopping Center Explosion Ruled Accidental

Maryland fire investigators have ruled that a recent gas explosion at a strip mall was accidental. Officials say Thursday’s explosion at the Penn Mar shopping center in Forestville was due to a buildup of natural gas. They say insurance investigators …

EPIC Appoints Principals in San Mateo, San Francisco

E.P.I.C. (Edgewood Partners Insurance Center), a retail property, casualty and employee benefits insurance brokerage, has appointed Denise Vance as principal in its San Mateo, Calif., office and appointed Scott Gaddy as principal in its San Francisco office. Vance brings 23 …

Religious Group Seeks Exemption From Georgia Auto Insurance Law

The small community of Mennonites that multiplied along a web of dirt roads in rural southeast Georgia has steadily grown the same way it does just about everything: Quietly. The community’s 100 or so members have raised their own church, …

Ratings Roundup: DTRIC, Utica, Atradius NJ

A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Hawaii’s DTRIC Insurance Company Limited, both with stable outlooks. “The ratings,” said Best, “reflect DTRIC’s continued improvement in capitalization, well …

BB&T Insurance Services of California Names Nielsen VP

BB& T Insurance Services of California Inc. announced the appointment of John M. Nielsen as vice president for its San Francisco office. Nielsen, a seasoned insurance professional with more than 15 years of sales and underwriting experience, will be responsible …

AIG Performance Bonuses of $454 Million Disclosed

Embattled insurer American International Group paid some $454 million in previously undisclosed performance bonuses to employees for 2008, the company said in answers to questions from a U.S. lawmaker that released Tuesday. AIG was widely criticized for paying out some …

Maryland EMS Wrongful Death Suit Ends in Settlement

Court records show that feuding emergency workers in Smithsburg, Maryland, have settled a wrongful death lawsuit. An attorney for Smithsburg Emergency Medical Services said Monday the case has been settled by mutual agreement. The lawyer, Thomas McCarron, declined to discuss …