Declarations
Bad Policy Call “I never experienced the outcry from the public that I heard on this bill… this was a bad policy call on our part.” —Virginia Senator R. Edward Houck (D-Spotsylvania), sponsor of the bill that repealed bad driving …
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. Collector Vehicles Nuts & Bolts: Markel American Insurance Co. has introduced a collector vehicle insurance …
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. Health Club Nuts & Bolts: Sports & Fitness Insurance is a national underwriting facility specializing …
Up in Smoke No More
States aim to prevent residential fires by requiring ‘fire safe’ cigarettes Movies — think Lauren Bacall and Humphrey Bogart in “The Big Sleep” — often make cigarette smoking look glamorous. Of course, in reality, the practice is anything but. In …
Business Moves
Berkshire Hathaway, Swiss Re Berkshire Hathaway has acquired a 3 percent stake in Swiss Re. Swiss Re has also entered into a reinsurance contract with Berkshire Hathaway which will give it a share of Swiss Re’s property/casualty business. Swiss Re …
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. Collector Vehicles Nuts & Bolts: Markel American Insurance Co. has introduced a collector vehicle insurance …
AIG Reaches $12.5M Settlment With States Over Bid-Rigging Allegations
American International Group, Inc. (AIG) has reached settlements with Florida, West Virginia, seven other states and the District of Columbia relating to their investigations into alleged bid-rigging and price-fixing and questions about undisclosed contingent commissions paid to brokers. Under the …
States Look to Curb Text-Messaging Drivers; Could GPS Users Be Next?
Text messaging is all the rage. Hopefully, not a road rage. An increasing number of state lawmakers are concerned by the rash of accidents caused by text-happy drivers. Although many states already have laws that require cell phone-users to wear …
CBIZ Acquires Md.-Based NAIS
CBIZ Inc. announced the firm has acquired substantially all the assets of NAIS Inc. effective Feb. 1, 2008. NAIS provides innkeepers insurance programs marketed through James Wolf Insurance and Old Line Insurance. NAIS, located in Frederick, Md., is one of …
Maryland Jury Awards $1.4M to Workers Investigated by Employer
A Maryland jury has awarded nearly $1.4 million to two Pepco workers who were tracked by private investigators hired by the Washington utility. Prince George’s County jurors found that the company was negligent in its attempt to verify that 30-year …
