Maryland News

Maryland May Relieve High Risk Drivers of Premium Financing Cost

State lawmakers are considering a bill that would allow the Maryland Automobile Insurance Fund, the insurer of last resort for many motorists, to accept installment payments like private companies. Advocates say the proposal could save the average MAIF customer up …

Former Zurich Senior Executive Joins Mystic Capital

New York (Feb. 27, 2008) – Mystic Capital Advisors Group, LLC is thrilled to announce the addition of insurance industry dynamo Barry J. Gilway to its investment banking group. The former Zurich executive brings more than 37 years of insurance …

Charges Against Rep. Renzi of Ariz. Include Land Swap, Insurance Fraud

Republican U.S. Rep. Rick Renzi of Arizona has been indicted on a slew of public corruption charges and for stealing from his insurance company’s clients to fund his first campaign, federal authorities announced. The 26-page indictment issued last Thursday culminated …

Federal Agencies Still Lacking Identity Theft Protections, Says Report

Nearly two years after an embarrassing flap in which veterans’ personal information was put at risk of identity theft, federal agencies are still not doing all they can to prevent further lapses, investigators have found. Most of the two dozen …

Fire Causes $1M Damage to Maryland Strip Mall

Montgomery County, Md. fire officials say a two-alarm fire that started in a chicken restaurant did significant damage to a strip mall in Wheaton. Fire and Rescue Service spokesman Pete Piringer estimates that the blaze caused $750,000 to $1 million …

$500K Grant Goes to Assist Maryland ID Theft, Crime Victims

A crime victim’s assistance group will help those harmed by identity theft and fraud under a $500,000 grant announced Thursday. The Maryland Crime Victims Resource Center plans to use the money to provide direct assistance to victims, work with law …

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. EPLI Quick Indication Nuts & Bolts: Travis-Pedersen and Associates of Arizona has the ability to …

Suit Pressures Mich. Lawmakers to Allow Licenses for Legal Immigrants

When Michigan officials recently reinterpreted state law to stop nonresidents from getting driver’s licenses, critics said it had an unintended consequence. The crackdown, intended to target illegal immigrants, also affected legal immigrants who are not permanent residents, including employees from …

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. Baseball/Softball Leagues Nuts & Bolts: Francis L. Dean & Associates of Florida, LLC is offering …

Business Moves

Mercator, Tennant Risk Services Mercator Risk Services, a specialty wholesale insurance broker, acquired Tennant Risk Services Insurance Agency LLC, a Hartford, Conn.-based wholesale broker and underwriting manager. Terms of the transaction were not disclosed. Tennant Risk Services specializes in errors …