Maryland News

The Woodlands Financial Group Opens Branches in Florida, Maryland

Texas-based The Woodlands Financial Group Inc. (TWFG), a retail and managing general agency specializing in property/casualty and life/ health insurance, and financial planning, announced the opening of new branch locations in Florida and Maryland. Maricela Scheller has opened a new …

Ratings Roundup: Harford Mutual, Hallmark, Rural Mutual, Salem

A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of The Harford Mutual Insurance Companies and its two P/C pool members, The Harford …

Commissioner Says Insurers Violated Maryland Regulations

A year-long investigation by the Maryland Insurance Administration has found that 67 of the state’s 119 car insurers underpaid claims, Commissioner Ralph S. Tyler said. State regulators have fined the companies a collective $235,000 and ordered an additional $442,590 in …

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. Products Liability for Roller Coasters and Rides Market Detail: MarketScout offers agents access to products …

Maryland Yard Tractor Sparks Fire that Causes $400K in Damage

Maryland officials say a lawn tractor’s hot engine started a fire that destroyed a house in Mount Airy. Deputy Fire Marshal Ed Ruck says no people were injured in the fire Wednesday afternoon on Catoctin View Court, but a cat …

Fireman’s Fund Launches “Green” Homeowners Insurance in Maryland

Fireman’s Fund Insurance Co. has introduced its ‘green’ insurance product for homeowners in Maryland. The coverage, which is available in 32 states, includes 5 percent discounts for homeowners who already own houses with environmentally-friendly features. The coverage will also pay …

Fatal Maryland Crash Prompts $19M Lawsuit

Relatives of three men killed on the Bay Bridge in 2007 after a trailer detached from an SUV have filed a $19 million lawsuit against the SUV driver, a state agency and others. James H. Ingle, 44, Randall R. Orff, …

Progressive Offering Liability Insurance for Coal Hauling Truckers

National insurer Progressive Commercial has expanded its truck insurance offerings to include liability coverage for truckers involved in coal hauling. Liability coverages for coal hauling truckers and businesses have been typically only available through smaller and regional insurers, according to …

Watchdog Group Ranks Best, Worst States in Disciplining Doctors

Most states, including California and Florida, are failing to adequately discipline doctors who are practicing substandard medicine, according to the latest annual ranking of state medical boards by the watchdog group Public Citizen. For the first time since Public Citizen …

Willis HRH Names Pera to Head Atlantic Region, Based in Tennessee

Insurance broker Willis HRH has appointed Douglas W. Pera as national partner of its Atlantic region. Pera will be responsible for the company’s retail insurance offices in Maryland, Tennessee and Virginia, and will report to Don Bailey, chairman and Chief …