National Economic Climate Cited as Reason for Dropping 5 Percent Rate Cut Proposal The Maryland Automobile Insurance Fund (MAIF) has withdrawn its filing to reduce its private passenger automobile insurance rates, according the Maryland Insurance Administration. The MAIF filed a …
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. Waste Haulers Market Detail: ELM Insurance Brokers Inc. offers automobile and general liability coverage for …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of Beazley Insurance Company, Inc. (BICI) of Farmington, Conn. with stable outlooks. Best noted that the “ratings reflect the significant …
An amusement park said it has reached a settlement with the family of a Louisville teenager whose feet were severed when a thrill ride malfunctioned last year. Six Flags Kentucky Kingdom said the settlement would provide “lifetime care” for Kaitlyn …
Safeco Insurance and Ohio Casualty, both Liberty Mutual Agency Markets companies, recently announced key management appointments to lead their respective personal and commercial lines operations in their Mid-Atlantic territory. Matt L. Warye was named vice president, Safeco Insurance, and Mid-Atlantic …
The Maryland Automobile Insurance Fund (MAIF) has withdrawn its filing to reduce its private passenger automobile insurance rates, according the Maryland Insurance Administration. The MAIF filed a plan back in June to lower rates by 5 percent – a move …
North Carolina Gov. Mike Easley said more than 60 homes were either damaged or destroyed by a fatal tornado in North Carolina over the weekend, but the financial costs still were unclear. Easley met with officials in Kenly after an …
Montgomery County, Maryland Executive Ike Leggett is pushing council members to revive a plan to create an ambulance transport fee. Leggett maintains that fees ranging from $300 to $800 would go directly to insurance companies and no person who lives …
Four insurance companies on Friday asked the government to allow them to buy thrifts so they can qualify to receive federal money under the financial rescue program. Hartford Financial Services Group Inc., Genworth Financial Inc., Lincoln National Corp. and Aegon …
In the 15 months since his appointment as Maryland’s top insurance regulator, Commissioner Ralph Tyler has had to deal with a number of issues. Among them: a court decision that reversed 25 years of standard practice for insuring condo associations, …
