A dispute over $6,400 in damage to a Maryland townhouse led to an unexpected court decision that has reversed 26 years of standard industry practice, and left insurers, agents, lawmakers and condominium associations unclear as to who pays when individual …
The towering cranes that build America’s skyscrapers are often not properly inspected for wear, fatigue and other potentially dangerous structural problems, several construction safety experts said following a deadly accident in New York. Two construction workers died Friday when the …
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. Energy Risks Market Detail: MarketScout has a team dedicated to energy accounts. They have the …
Standard & Poor’s Ratings Services has assigned its ‘BB+’ junior subordinated debt rating to Liberty Mutual Group Inc.’s (LMGI) Series C junior subordinated notes in an amount up to $1.25 billion with a scheduled maturity date of 2058. S&P has …
$18 Million Estimated damage caused by a string of tornadoes that struck Suffolk, Virginia in late April, damaging more than 1,200 houses. Gov. Tim Kaine pledged to make available any state resource to help in the recovery effort. $8 Million …
People Austin-based Medicus Insurance Co. named Eugenie Shea president and chief operating officer. She will also serve as executive vice president of the parent company, Medicus Insurance Holdings Inc. Sheldon Davidow assumed the role of CEO of the medical professional …
Charlotte, N.C.-based national wholesale insurance broker AmWINS Group Inc. named James Drinkwater president of its AmWINS Brokerage division. He will be responsible for the management of the division, which is focused on property/casualty insurance brokerage operations. Prior to being promoted …
Workplaces are getting safer each year; but that doesn’t mean the cost of workers’ comp coverage will decline Ongoing efforts to curb workplace injuries have made substantial progress in most parts of the country. That’s good news for employees, of …
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. Pizza Delivery Program Market Detail: IPC offers hired and non-owned auto coverage for food delivery …
The number of medical malpractice lawsuits filed in Pennsylvania declined for a third consecutive year in 2007, according to figures released by the state Supreme Court. The number of suits, 1,617, represented a 4.5 percent decline from 2006 and a …
