Announcing plans for major growth in the Texas marketplace, State Auto Middle Market Insurance (SAMMI), said it will host an open house Jan. 28 in its new office in Austin to celebrate the unit’s entrance into the state. The company …
A former Frederick County Sheriff’s Deputy will avoid jail time for setting fire to his girlfriend’s sport utility vehicle in alleged insurance scheme. Thirty-eight-year-old Theodore Randolph Dorsey of Knoxville, Md. was given a suspended sentence Wednesday for his conviction on …
While flooding in California’s Central Valley is “the next big disaster waiting to happen,” water-related infrastructure issues confront almost every community across the country, according to engineers at the University of Maryland’s Clark School of Engineering in separate reports to …
Marsh announced from its London office that David Batchelor will succeed Alex Moczarski as CEO of Marsh’s operations in Europe, the Middle East and Africa (EMEA). He currently heads the Asia Pacific region for Marsh, responsible for operations in China, …
As Maryland lawmakers look for ways to boost energy conservation, one Democrat wants a law to give rooftop solar panels legal protection. House Democratic Leader Kumar Barve of Montgomery County has proposed a measure preventing cities or homeowners associations from …
A.M. Best Co. indicated that the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a” of Verlan Fire Insurance Company of Silver Spring, MD, are unchanged following the recently announced definitive agreement by The Hanover …
Worcester, Mass.-based The Hanover Insurance Group, Inc. has agreed to acquire Verlan Holdings, Inc., a Silver Spring, Maryland-based holding company that provides insurance to manufacturers and distributors of chemical-related products. Terms of the deal were not disclosed. Verlan’s primary business, …
The Travelers Cos. Inc. will pay $6 million to settle investigations in nine states and the District of Columbia over how it paid brokers. The St. Paul-based company said it had reached agreements with attorneys general in Michigan, Florida, Hawaii, …
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. Jewelers Block Nuts & Bolts: Jewelers Block is offering coverage including retail, wholesale and manufacturing …
Frankel-y Speaking “I consider the role the Mississippi Insurance Department has played in bringing Mr. Frankel and his co-conspirators to justice to be one of the finest accomplishments during my time in office.” —Long-time Mississippi Insurance Commissioner George Dale, who …
